Transaction Management System (TMS) enables your tellers and customer service representatives to accurately enter transfers, stop payments and other non-cash transactions quickly and easily. Using Premier Core 's browser-based architecture, authorized staff members can efficiently launch TMS transaction templates to enter phone transfers, wire transfers, service charges, reversals and other similar transaction. And because TMS templates control all the details, from transaction codes and descriptions to debits and credits, no extensive staff training is required.
Features
Quick and Easy Transaction Entry
Transparent integration with Premier makes TMS even easier by creating point-and-click templates for entering non-cash transaction. The templates apply default transaction codes, general ledger account number and other transaction details, so any member of your staff can use TMS with minimal training.
Entering a non-cash transaction is as easy as pointing a cursor at a link in Premier and clicking the mouse to open a TMS template, which automatically imports customer account numbers and other default data. Then, to enter the transaction, just key in additional information (such as a dollar amount) and select "Update."
Accurate Transaction Entry
TMS saves money by preventing transaction entry errors that take time and labor to correct. Using standard templates bundled with TMS, you can create or access up to 99,999 customized templates to meet every possible need. TMS imports all customer account numbers directly from Premier Inquiry to ensure that all debits and credits are applied properly and automatically applies the proper transaction code for each transaction.
Efficient Cash Flow
Wire transfers, stop payments and similar customer services frequently require at least two transactions: one for the service itself and another to record the service charge. TMS simplifies service charging - and makes certain that service charges aren't forgotten - by combining two or more transactions and updating all involved accounts in real-time.
Instant Information Access
Seamless integration with Premier ensures that transactions are memoposted to customer accounts immediately. In addition to providing instant access to account information through Premier, PremierEcom, PremierEcorp and other channels, these real-time updates enable your staff to generate up-to-the-minute reports. TMS also makes sure that reports are accurate by applying internal debits and credits to default general ledger accounts.
Easy Installation and Administration
TMS installs on the enterprise server and application server, eliminating the need to install it on individual workstations. Anyone with authorization can use TMS through point-and-click links in Premier. Administrators with security authorization can perform maintenance and install updates from any networked workstation with server access.
Safety and Security
In addition to enforcing internal controls limiting the types of transactions staff members can access, TMS can also reduce financial exposure by placing dollar limits on specific transactions and staff.
For more on Transaction Management System, contact
Information Technology, Inc. at 402.421.4207.
