MONETT, Mo. (5/11/12)--ProfitStars, a division of Jack Henry & Associates Inc., has introduced a browser-based budgeting tool designed to help financial institutions gain greater control of the budgeting process by receiving continuous accountability and buy-in from throughout the organization.
ProfitStars' Budget Manager helps improve business workflow as budgets are submitted and assessed within approval hierarchies. Financial institution budget administrators can obtain input from all levels of the organization, minimizing delays with consent review chains and enhancing overall process visibility. With continuous input from branch and department managers, results can be shared throughout the budget year.
Designed with front-line budgeters in mind, Budget Manager provides the ability to drill down to subledger calculations for items such as salaries and fixed assets. Project tools can forecast financial targets and budget assumptions can be documented by line item.
Budget Manager also offers graphical functionality for comparing historical balances with forecasted ones, automates edit logs, supports unique account and subledger formulas, and incorporates data from other applications.
BISMARCK, N.D. (5/11/12)--The Credit Union Association of the Dakotas (CUAD) is offering two more free webinars as part of its Mindburst series.
CUAD invites credit unions nationwide to attend the webinars.
"Robbery Training" will be held at 1 p.m. CT on Tuesday. Troy Evans, who has interviewed more than 300 bank and credit union robbers, will present a "look into the mind of the enemy."
RESPA Requirements for Escrow Accounts will be held at 1 p.m. CT May 30. The session will provide a review of the required calculations and notices for opening and maintaining escrow (impound) accounts under the Real Estate Settlement Procedures Act and regulations.