December 03, 2016 2:18 AM ET

Software

Company Overview of ProfitStars, Inc.

Company Overview

ProfitStars, Inc. provides financial performance, retail delivery, imaging and payments processing, information security and risk management, and online and mobile solutions for financial and community institutions, and various businesses. Its financial performance solutions include asset liability management/budgeting and financial reporting, business profitability and reporting, commercial lending, customer relationship management, and loan and deposit pricing; retail delivery solutions include comprehensive ATM, interactive voice response, and forms and supplies; and imaging and payments processing solutions comprise ACH origination and processing, deposit automation, correspondent, enter...

1025 Central Expressway South

Dallas, TX 75013-2790

United States

Founded in 1983

Phone:

972-359-5500

Fax:

972-649-2501

Key Executives for ProfitStars, Inc.

Chief Executive Officer
Controller
Chief Executive Officer of Jack Henry & Associates
Age: 61
Executive Vice President
Sales Director for Asset Liability Management and Profitability Solutions
Compensation as of Fiscal Year 2016.

ProfitStars, Inc. Key Developments

ProfitStars Introduces RemitPlus Express

ProfitStars announced a fully hosted version of its proven remittance solution, RemitPlus Express. RemitPlus Express eliminates the need for multiple employees to manually sort, reconcile, process, endorse and post payments, significantly reducing labor costs as well as the potential for human error. All payment details can be easily accessed through a user-friendly browser, arming merchants with comprehensive information at their fingertips. The offering requires no software installation outside of scanner drivers, and provides financial institutions with a lower cost of entry compared to traditional remittance offerings. Plus, they gain comprehensive disaster recovery and failover support from ProfitStars. RemitPlus Express users have immediate access to scanning, entry, balancing, depositing, reporting and exporting to virtually any billing system directly from their internet browser. The solution is core agnostic and currently supports more than 80 billing and accounting systems and can complete processing at up to 190 documents per minute.

ProfitStars Unveils ECS RDC Conversion service

ProfitStars announced the availability of ECS RDC Conversion service. ECS RDC Conversion assists with replacing legacy RDC solutions with functionality that better addresses current payment trends. It migrates all merchant profile data, eliminating the manual transfer to ProfitStars' Enterprise Payment Solutions (EPS), an integrated payment processing suite. The service also easily handles acquisition scenarios that involve new or unfamiliar third-party RDC technology. EPS is currently leveraged by more than 1,500 financial institutions and 500,000 business locations. The engine provides multiple touchpoints through which merchants can process a wide variety of payments, including checks, ACH, and card transactions. A convenient, scalable platform, EPS can be configured to offer as many or as few payment options as desired while maintaining the flexibility to quickly and easily add more options whenever needed in the future. ProfitStars's Enterprise Conversion Solutions (ECS) team offers a strong track record of seamlessly converting and maintaining data from any platform. Its experts have managed data conversion projects for more than 1,000 financial institutions.

ProfitStars and Independent Community Bankers of America Expand Preferred Service Provider Relationship

Jack Henry & Associates, Inc.'s ProfitStars division has added Relationship Profitability Management (RPM) and Commercial Lending Center to the Independent Community Bankers of America (ICBA) preferred service provider program. Using information from deposits, loans, transactions and fee-based products, it applies sophisticated business rules to determine accurate and timely profitability results. RPM enables community banks to generate and react to profitability information ranging from product and customer levels up to the organizational level, ultimately helping banks better contain costs and more effectively manage customer relationships. ProfitStars' commercial lending center offers community banks a convenient online loan application process and management cycle to attract more commercial and industrial borrowers. The bank-branded online portal allows borrowers to submit an application online, and offers a better workflow process which directs the customer to an appropriate loan product based on pre-defined criteria. The Independent Community Bankers of America (ICBA) represents the interests of the community banking industry and its membership through advocacy, education and products and services. ProfitStars combines JHA's technology background with breakthroughs in six performance-boosting solution groups--financial performance, imaging, JHA payment solutions, information security & risk management, retail delivery, and online & mobile.

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