blog

Blog

Are Your Tellers Ever Out of Balance?

Teller balancing is one of the most tedious tasks for your tellers and it’s their single largest headache when balancing.
 
Teller Cash Inventory makes balancing easier for your tellers. When they are out of balance, they will know the exact denomination they are looking for.
 
Offer your staff an easy, quick and accurate way to avoid out of balance situations that will save them time by using Sharetec's Teller Cash Inventory.

Contact us for more information.

Loan Group Type Change

To change a loan group or type after the loan has already been processed, go to Loan Group Type Change in the Administration Workspace under Member Adjustments. Using this feature will make the general ledger entries necessary as well as change the group and/or type of the loan.

When processing rate changes for variable rate loans, the rate change effective date must either be equal to or greater than the day of processing. For example, if the rate change is effective June 1st, the Variable Rate Change program must be ran on or before June 1st.

Forrester’s top 10 trends for mobile in 2013

Mobile phones are already well on their way to replacing cameras, cash, maps, remote controls, handheld gaming systems, boarding passes, tickets, cash registers, calculators, notepads, and much more. And they’re becoming globally ubiquitous: 1.6 billion phones were shipped last year; and by the end of this year, 1.4 billion smartphones will be in use.

So the question is not so much what smartphones can do, it’s what can’t they do. And the strategic imperative for organizations is to understand how they are going to meet the challenge of that change.
 
Read more at http://venturebeat.com/2013/02/14/forresters-top-10-trends-for-mobile-in-2013/#8i5bb3qg23QoSFMm.99

For transfer distributions, the bi-weekly frequency code should be used when the transfer is required every 14 days. Use the semi-monthly frequency code for transfers to occur twice per month; on the 15th and then again on the last day of the month.