Washington-based Columbia Bank has installed Politzer & Haney's (P&H) Web Cash Manager Suite to provide online cash management services to its corporate banking and small business customers.
The product features modules for batch and real-time reporting, ACH, wire, positive pay and real-time inquiry and will replace Columbia Bank's existing applications.
Mary Ann Haglund, vice president, manager, cash management, Columbia Bank, says the P&H package was chosen for its ability to integrate with third-party systems, including Metavante's.
"We have the tools to help us provide innovative, flexible products and services to our business community, and the ability to bring those products to market quickly," adds Haglund.
P&H says the product's system integration capabilities make it valuable for financial institutions that are implementing real-time interfaces in order to provide services.