Being able to streamline and simplify processes can help your company save time, reduce expenses and focus on the more important aspects of running your business. To help you better manage your accounts with basic information reporting to account reconciliation services, Old National offers these solutions:
BankConnect™ Plus is your comprehensive online toolbox for a broad range of treasury management solutions. View account information and images, make account transfers, originate ACH payments, initiate wire transfers, place stop payments, help prevent check fraud and more.
Information Reporting Module
Real-time balance and account activity information
Export data in a tab or comma separated reconciliation file; BAI2 and QuickBooks export files are also available options
View images of paid checks, deposit tickets, items deposited and returned deposited items
Multiple current day and prior day reporting options available
Stop Payment Module
Initiate real-time stop payments
Inquire on the status of stop payments and paid checks
Wire Transfer Module
Send real-time domestic or US Dollar International wires
Create templates for wires you send frequently
ACH Origination Module
Originate direct deposits, tax payments, vendor payments, consumer debits, etc.
Email Alerts
User defined alerts for balance and transaction activity, outbound ACH or wires needing attention, notice of Positive Pay exceptions and incoming wire alerts
Searching for a check that cleared last month, last quarter or even last year can be an inefficient and time-consuming process. Old National’s Image Services can help save you time and money. You can search a database to determine when a check or deposit has cleared and have the option to choose to view statements and deposited item detail.
Old National offers two options to receive your images:
CD-ROM of images: CD of images will be mailed after the end of your statement cycle
Web Image Retrieval: Download your images after your statement cycle
Benefits
Less time required to locate cleared checks
Less file cabinet space needed to archive old checks
Give multiple employees access to check copies – across the hall, across town or across the country
Quickly and efficiently reconcile your monthly statement with Old National’s Account Reconciliation services. Save
time and money by automating the process.
Choose from a variety of automated options:
Partial Reconciliation - an electronic file of checks paid
Full Reconciliation - an electronic checks paid file plus a report of checks outstanding
Deposit - use a single deposit account for multiple locations
Benefits
Improve accuracy
Automate the reconciliation process
Increase overall accounting efficiency
Simplify account management if you have multiple locations
Electronic transactions continue to grow, replacing check and paper-based payment and remittance processes. Old National’s Payment Manager Solution gives you access to multiple types of electronic payment data via secure email, making the management of this information easier and more efficient.
Available reports in HTML, PDF or text formats include:
EDI (Electronic Data Interchange) in data file or report format
ACH addenda reports
International ACH detail and originated ACH notifications of change or return
Benefits
Access to additional payment information in an electronic format reduces mail time so you receive the information you need to manage your business sooner
Email alerts as soon as information is available
Saves time and effort required to obtain information manually
Flexible report types and formats give you increased control over how you receive and manage your data
Related Services
Other products and services offered by Old National.
