Jack Henry & Associates, Inc. announced the availability of SmartSight, an interactive dashboard for its ProfitStars Enterprise Payment Solutions financial institution clients.

SmartSight facilitates efficient measuring and monitoring of transaction data through a convenient, easy-to-use dashboard. This business intelligence tool gives financial institutions the ability to graphically view and drill down on important customer, business segment, and key summary level information.

More than 1,000 banks and credit unions leveraging EPS products can now address growth barriers related to remote deposit capture and ACH by measuring and tracking activity at specific points as well as trends over time. Such actionable insights enable executives, senior operations staff, and risk management departments to reduce risk and enhance strategic business decisions.

Bill Phillips, ProfitStars' EPS group president, says, “There is still significant room for growth among RDC and ACH services to businesses, and SmartSight has the potential to drive those results for any financial institution.”

Being able to concisely view essential information and conduct analysis to determine point-in-time status or assess trends without manual aggregation is valuable to financial institutions. The SmartSight dashboard offers EPS clients convenient anytime availability of data that historically has required up to several days at month-end to aggregate. Information can also be exported as reports or graphical "snapshots" for communication and additional reporting purposes throughout the institution.

FFIEC guidance requires that banks and credit unions monitor RDC and ACH transaction activity and risk. In addition to providing data that will assist in meeting FFIEC examiner expectations, SmartSight gives financial institutions the knowledge to optimize areas of success and adjust to shifts in the marketplace.

 

For more information