Web based Cash Management Treasury services are becoming more popular for financial institutions. Product Managers are faced with shutting down older generation Windows applications and migrating customers to web based services. Product Managers realize that they need to remain competitive and also reduce infrastructure costs. Migrating EFT customers to the Web is challenging. Some customers may insist on using Microsoft Window’s applications as they do not want to store their payment data remotely on a web application as they are concerned with Speed and Availability.

MoneyPenny has the answer!

Opportunity – why supply software to your customers?

MoneyPenny Software offer can support Product Managers in making the business case to bridge these customers with an alternative Windows application. MoneyPenny Software offers financial institutions three services:

1. Preferred Vendor Relationship - point your customers to MoneyPenny to get them going fast at low cost!
2. Private Label Service - we will make your financial institution a custom version of our MoneyPennyEFT product using your logo's. Various options are available based on your needs.
3. White Label Service - resell our software under the MoneyPenny brand name, you can purchase licenses in advance and provide license keys to your customers. We handle the software distribution!

Top 5 reasons:

1. Customers can start using the service right away creating revenue faster for your product line.
2. File Quality and Test Cycles are significantly reduced as our application can be pre-tested to meet your file standards. Customers that make their own data files usually require much more testing and quality assurance using your help desk resources.
3. The MoneyPennyEFT software costs a fraction of the cost to build a homegrown system.
4. Easy to use interface design allows customers familiar with Microsoft Office products to get up to speed fast.
5. Detailed documentation and customer support.

Preferred Vendor Relationship

If your not interested in running a private label or white label solution, no problem! We also support a Preferred Vendor Arrangement where your sales teams or help desks can refer your customers to our website to download and purchase the software at no obligation to your financial institution. This allows your financial institution to let your customers choose the program they wish based on features and price.

We understand that as a Product Manager you may want to list software vendors for a customer to choose their own product features and price point. MoneyPenny Software can supply you with product documentation, graphics and other support material as you require to create your offer. Contact us to see what other FREE services we offer.

Private Label Service

MoneyPenny Software offers private label versions of our software to financial institutions. This allows you maximum control over your customer offer. Our programs vary in price depending on your needs.

Private Label offer includes:

• Sample business case to sell the idea internally in your organization
• The creation of migration programs to convert your old DOS or Windows database to the new format
• Professionally packaged install programs that support your branding
• Custom Web page default on the main start page to support your financial institution branding and any special messaging you require
• Message management to communicate EFT product information to your customers (ie. Holiday Schedules, etc) or other offers
• Default file layout specifications and default file directories for the EFT files to match your Web Based File Transfer facility to make these products feel integrated
• Software Distribution and Management – we can support a private branded site with key management and monthly reporting. CD ROM distribution or you can manage your own distribution if you prefer
• Private Branded User Group forums to support your customers to post messages and questions.

White Label Service

If your are interested in offering our software under the MoneyPenny brand, but which to purchase the software for your customers, no problem. MoneyPenny can provide volume discounting on large orders of software packages. We will maintain unique coupon codes so that you can provide these to your customers. At purchase time, the customer enters their code on our purchase page and the software will be FREE (pre-paid your company). This is another way to get you customers using your services faster.

How much does this cost?

Our Preferred Vendor Arrangement is a FREE service. Our Private Label offer varies from FREE to an affordable fee based on custom work that may be required depending on your needs. Our White Label pre-paid service has discounted fees for volume purchases.

A detailed pricing sheet is available upon request that has several payment options that fit your budget and goals.

How do I get started?

You can contact us online at Bank Services. Please include your name, job title, phone number, financial institution, email address and company web site along with the program you are interested in within your email.