No-Cost Webinars: Online Cash Management

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Abound Resources also offers banker and media attendees an OCM white paper.

Abound Resources, Inc., an Austin-based firm helping community financial institutions optimize existing technology, will conduct no-cost webinars on Online Cash Management (OCM) on Thursday, Dec. 15, and Wednesday, Dec. 21, from 1 p.m. to 2 p.m. (CST). Experts will discuss outsourcing, benefits, features and risks of the increasingly affordable technology. (Attendance is limited.)

Bankers and banking trade press editors who register at also will receive a complimentary 10-page Intelligence Report, “Winning at Online Cash Management.” The white paper summarizes key OCM considerations, costs and best practices as recently presented at the Annual Convention of the Independent Bankers Association of Texas (IBAT).

“Due to the popularity of and receptivity for the subject at the IBAT conference, we felt compelled to offer this in-depth, free webinar to community bankers who could not attend,” said Brad Smith, President and Co-founder of Abound Resources, who will conduct the online presentation. (Photo:

“Whether your institution has already begun offering OCM to your small and mid-tier business customers or whether you are still on the fence about investing in cash management, there are a variety of tools to address your unique situation,” Smith emphasized.. “The right combination of software, service, know-how and extended support are imperative for bankers trying to evaluate, select, install and optimize such technologies and still implement IT best practices.”

According to John Bresnahan, director at Edgar, Dunn & Company, a financial services and payments consultancy, “Nearly 60% of small businesses prefer to conduct their payments and cash management activity online. These findings…indicate a real opportunity for financial institutions to expand their view of the small business market beyond providing basic services.” (PRNewswire, June 6, 2005)

Smith, former head of Deloitte & Touche's community bank technology consulting practice, and more recently, IntegraTeam, Inc. of Austin, has served as project leader on more than 150 high-visibility bank technology projects including planning, system design and implementation, vendor selection, merger integration, profitability analysis and process improvement.

Abound Resources, helps community banks optimize existing technology, control the rising cost of new technology and meet complex regulatory requirements. Breakthrough products include

ClickSupport™ and ProjectSupport™.
ClickSupport helps increase optimization of existing technology by up to 50%; save up to 30% in hardware, software, outsourcing and data communications costs, and manage the regulatory burden while saving a bank's IT staff time and money.

Free Banker Resources:

Abound Resources also produces Optimize IT: Strategic Resource for Community Banks. The newsletter is a concise report on actionable information and monthly tips for optimizing technology at the CFI level. It also has developed a “Technology Optimization How-To Kit” for bankers only. It can be obtained by calling 512-231-1750, Ext. 1700 or by going to URL:


Brad Smith

President, Abound Resources, Inc.

13740 Research Blvd., Ste. 3

Bldg. S, Austin, TX 78750

512-231-1750 ext. 1102


Jacque Chrisman

The Chrisman Group

Austin TX, 512-345-8969


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