Austin, Texas (PRWEB) July 27, 2007
Q2 Software, Inc., a next generation financial services technology company, today announced a strategic partnership with Centrix Solutions, Inc. (Lincoln, NE) to integrate, host and offer Exact/TMS™, Centrix's industry-leading web-based positive pay, check reconciliation and ACH transaction monitoring solution. Exact/TMS™ offers a robust browser interface for commercial customers, eliminating the need to install software on client workstations. The nightly account reconcilement process automatically alerts the client by email if either check or ACH exceptions require a pay or return decision. Clients can make such decisions, view images of checks in question, analyze reconcilement reports and submit electronic issued check files all via the Q2Online Banking solution in a secure, paperless environment.
Matt Flake, Vice President of Sales at Q2 Software says, "By natively incorporating the Centrix positive pay technology into our online cash management services, we further demonstrate our commitment to providing our customers with leading-edge technology. The Centrix solution places fraud control in the hands of the account owner, enhancing our self-service strategy and reducing our customer's cost of administration."
Jeff Asselin, Vice President at Centrix, likes the shared vision of the two companies. "Both companies are focused on providing technology to their customers that enable them to compete favorably with super-regional and national institutions. In this regard, Exact/TMS and Q2Online together create a good product for financial institutions."
Major advantages of the Centrix Exact/TMS™ solution include:
•Secure web interface manages all client interaction and eliminates the need to install software on client workstations
•Automated emails to notify clients when exception items are present
•ACH filter rules will monitor ACH activity and notify the client of exceptions
•On-line exception management enables the client to make pay/return decisions via the web for both check exceptions and ACH exceptions
•Check image integration allows the client to view images of exception items
•Integrated data mapping utility allows the bank to accept issued check file formats that are native to the client's accounting system, thus virtually eliminating custom interfaces
•Automated processing of submitted issued check files eliminates manual intervention when clients submit issued check files
•Reverse positive pay functionality provides financial institutions with added flexibility when presenting corporate clients with fraud prevention options
•Client-level service charge parameters provide flexibility for positive pay service fee income
•Integration with the teller system provides front line defense against check fraud
About Q2 Software, Inc.
Q2 Software, Inc., a CBG Holdings company, is a privately-owned and bank-owned provider of electronic banking software and services for financial institutions focused on delivering leading-edge technology and unmatched customer service. Their online banking, voice banking and web content solutions can be hosted either at the financial institution or in the Q2 data center and operate on an easily-supported Microsoft®-based platform. Unique "on demand" feature access within a single, packaged application enables Q2 financial institutions to configure products and services to meet the varied needs of their customers. Q2 offers unprecedented integration between the web, voice and mobile banking channels, and supports cross-channel Multi-Factor Authentication as well as open vendor integration with the financial institution's other customer-facing third-party applications. Q2 also offers web services contracts that support third-party development and controlled extension of their solutions. To learn more about Q2 Software, visit their website at http://www.Q2software.com.
About Centrix Solutions, Inc.
Centrix Solutions, located in Lincoln, Neb., provides financial institutions with products and services to help manage risk, optimize efficiency and simplify compliance. With a product line that encompasses financial services, human resources management, and systems management, Centrix assists clients with a broad array of strategic technology initiatives. In addition, the Centrix professional services team evaluates technology needs, provides expert advice, and develops custom solutions for unique business problems or systems integration projects. More information can be found at http://www.centrixsolutions.com.
For More Information Contact:
Q2 Software, Inc.
Centrix Solutions, Inc.