Alogent – Providing Payment Automation Solutions for the Entire Transaction Ecosystem with Real-Time Fraud Detection

Every advantage counts in the business world. Automating payments is a surefire way to improve business efficiency. Payment automation is an integrated solution that allows organisations to make check, ACH, virtual card, and wire payments. This takes automation a step further than the “ok-to-pay” that purchase-to-pay (P2P) solutions provide by issuing payment to the suppliers once invoices are received and processed. Payment automation removes manual activities from the final step in the AP process to bring the entire cycle full circle. This creates a better link between your procure-to-pay (P2P) system and your payments solution and increases your automation levels

Alogent is one such company which is the market leader in providing banks and credit unions with deposit automation, item processing, enterprise information management, loan origination, and digital banking solutions. Powered-by ‘User-First’ approach, Alogent’s solutions are channel-agnostic, which means that customers and members choose how they want to engage – online, mobile, or in-branch - while financial institutions benefit from a streamlined and uniform workflow, regardless of how they interact. The solutions offered are versatile, scalable, user-friendly, and exceptionally stable.

Cutting-Edge Digitalization Products Offered for Financial Sector

Alogent Cloud: It securely delivers Alogent software and services in real time to any size financial institution. No other provider gives banks and credit unions a universal range of in-house and hosted options tailored to their unique requirements. Its market-leading solutions and services always provide measurable ROI in both hard and soft costs. But initial investments for implementation, plus ongoing technical staff costs, pose major challenges for banks and credit unions. It knows a few things about keeping your data secure—they’ve been delivering financial technology solutions to banks and credit unions for over 20 years and know there’s nothing more important. The Alogent Cloud has been built with the most rigorous attention to data security and regulatory compliance, so you can have confidence choosing in-house or hosted delivery without concern for information safety.

Unify: It is an omni-channel banking platform for banks and credit unions. Unify simplifies image acquisition for banks and credit unions by treating every document and check the same, regardless of how it is captured. Enabling cross-channel banking, its centralized framework and consistent user journey delivers increased productivity, a lower cost of ownership, and improved banking services to customers and members. Gain quick access to business intelligence and data analytics through a centralized database and reporting dashboard. Unify – modernize your payments ecosystem today. Powered by Capture Once Technology, Unify is a patent-pending total web-based enterprise solution that can be applied across all channels and applications. Streamline front and back-end workflows with custom and consistent business rules. Cloud-ready, Unify reduces operational costs, paper handling, and the threat of fraud - bringing full and self-service together under one, device agnostic umbrella.

FinanceGenius: It is the Consumer Loan Origination Software (LOS). In a market flooded with disruptors competing for your account holders, it's time to adopt a digital lending strategy. Cloud-based with mobile-responsive designs, FinanceGenius puts you ahead with simple, intuitive mobile and online tools for borrowers and lenders, integrated directly into your digital banking ecosystem. Automate and expedite every phase of the lending lifecycle and gain instant scalability and flexibility. FinanceGenius is an end-to-end, cloud-based loan origination software (LOS) for banks and credit unions, build by lenders, for lenders. Scalable and proven to automate the consumer lending and onboarding process through auto-decisioning and streamlined workflows, watch as your financial institution gains efficiencies, while increasing application volumes and approvals.

MyBusiness: It is a digital add-on tool for mobile payments and invoicing, enabling the creation, distribution and reconciliation at the point of sale (POS). Developed from financial institution feedback to address product and market gaps faced by their SMB account holders, MyBusiness brings proven capabilities and Alogent solutions together in a single offering, including digital banking, remote capture, content management and invoice processing. Enable SMBs to operate their businesses from a mobile device, saving valuable time and eliminating the need to perform paperwork after a long day in the field or on the weekend. With MyBusiness, SMBs gain the convenience of quickly creating, sending, storing and reconciling invoices from their device, anywhere, at any time.

The Leader Upfront

Dede Wakefield serves as the Chief Executive Officer of Alogent. She guides corporate vision, mission, values, and strategic plans, and is ultimately responsible for delivering on commitments to its clients and partners. Before joining Alogent, Dede spent two years as Chief Financial Officer at GT Nexus overseeing financial performance and strategy. Prior to GT Nexus she served as the Senior Vice President of Finance for Global Payments, a public global-commerce company in the credit-card and payments industry. She also served as the VP of Corporate Finance for CheckFree Corporation (now Fiserv), a global provider of financial electronic commerce services and products.

“We believe a strong partnership is a key to our clients' successes. Whether your focus is on account growth, efficiency, cost reduction, service levels or operational resilience, Alogent is the answer to meet your strategic goals.”