ATLANTA, Nov. 20, 2013 – CetoLogic, a leading provider of coin and currency software and analytics solutions to financial institutions and retailers, announced that Queensborough National Bank & Trust Company based in Louisville, Ga. has selected C³ Financial as the bank’s new cash management application. Leaders at the $843 million asset bank cited C³ Financial’s integration capabilities with Loomis to centrally communicate cash orders and robust reporting as factors in their decision.
“C³ Financial will empower our team to make consistent and accurate cash orders and deposits, as well as create tremendous back office efficiencies,” said Patrick Brown, chief operating officer of Queensborough National Bank & Trust Company. “The bank will use C³ Financial’s central requisition console to consolidate all of our cash orders for mass submission to our virtual vault with our armored car provider. Inananethno The consolidation represents a tremendous reduction in back office processing time, as well as an improvement in our cash fulfillment process.”
“CetoLogic’s consultative approach to cash management, coupled with C³ Financial’s industry leading forecasting and integrated cash ordering platform positions us perfectly to satisfy Queensborough National Bank & Trust Company’s cash management objectives,” said David Austin, vice president, CetoLogic.
About Queensborough National Bank and Trust Company Headquartered in Louisville, Ga., Queensborough National Bank & Trust Company has a 22 branch wide footprint that extends from Augusta to Savannah. For more information about Queensborough National Bank & Trust Company visit their website at www.qnbtrust.com.
Atlanta, Ga.-based CetoLogic provides software solutions and analytics to financial institutions and retail organizations. CetoLogic proudly services the needs of more than 1,500 clients in 50 states and Canada. CetoLogic is the designer of C³ Financial, a web-based cash forecasting and management software. CetoLogic also pioneered Deposit Reclassification, a retail sweep program designed to eliminate reserve balances. CetoLogic’s solutions improve earnings, efficiencies, risk management and operations. For more information about CetoLogic’s solutions, call 1.877.495.0687.