Old National implements P&H's cash management software

Source: P&H Solutions

P&H Solutions, the leader in providing business banking solutions to financial institutions throughout North America, today announced that Old National Bancorp, with assets of over $8.9 billion, has chosen P&H Web Cash Manager Suite as the foundation for servicing its diverse business customer base located in Indiana, Illinois, Ohio, Kentucky, and Tennessee.

"We were looking to serve our business customers from a single platform no matter how small or large they were," said Butch Schutte, Senior Vice President of Old National Bank. "Web Cash Manager's broad range of functionality and flexible configuration will allow us to offer an extensive portfolio of products and services, meeting the needs of our wide-ranging client base located throughout six states. Having a single platform will mean that micro and small business customers will no longer have to switch electronic banking systems when their banking requirements become more sophisticated. We believe this represents a significant competitive advantage for us."

Old National's implementation of Web Cash Manager will be through the P&H Outsource Solution Center and will include real-time host inquiries, wire transfers, and image retrieval as well as positive pay functionality. P&H will utilize its industry-leading project management methodologies and seven-step implementation process to ensure that the system is installed on time and on budget. In addition, P&H will be delivering product positioning and marketing services, key components of the recently announced Market Sales Consulting portfolio.

"Having a single integrated platform from which to serve its business customers was of paramount importance to Old National," said Ralph Dangelmaier, President of P&H Solutions. "With the most functionality in the industry, Web Cash Manager can help banks provide exemplary products and services to their clients, whether they are micro-businesses or large corporations. We are delighted that Old National has chosen us as their solution for the future."

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