CAI-NJ Oct. 2019(w)

CONNECTLIVE ™ TECHNOLOGY ‘ONE STEP AHEAD’

POWERFUL SOFTWARE INTEGRATION FOR YOUR BUSINESS Alliance Association Bank’s ConnectLive TM 1 platform provides a robust solution enabling you to seamlessly manage the finances of your associations. The ConnectLive TM platform interfaces with the industry’s leading software providers, allowing you to see key financial information in one platform. Ask your software provider or bank representative to see if you can ConnectLive TM .

BENEFITS FOR YOUR BUSINESS

View A/P Check Images View the front and back of cashed checks. Auto Populate Interest & Bank Fees Automated nightly processing of transactions enables population of interest and bank fees on the bank If the nightly processing of transactions detects a returned item (NSF), an alert will be generated notifying users to take the necessary action with the homeowner’s account. Validation File – Blocked Owners A validation file is provided from your software on a daily basis, allowing the lockbox process to either appropriately deposit funds or reject payments and eliminate manual entry on the user’s end. reconciliation screen. Returned Item Alerts

Real Time Bank Balances View bank balances in real time. Bank Transfers

Perform bank transfers in real time between accounts within the same association. View Bank Statements on Demand View PDF bank statements on demand for each bank account. Auto Reconciliation Bank transactions from the previous day are matched with corresponding transactions within your software, allowing for quick and accurate bank

reconciliation. Auto Lockbox The nightly scheduled process

automatically retrieves and posts lockbox transactions from the prior banking day. View A/R Check Images View the front and back of homeowner checks and coupons processed by the Alliance Association Bank lockbox.

1 ConnectLive™ features are available based on software version and implementation by software vendors.

Jamie Kay Redden, CMCA Vice President, Association Financial Partner (724) 910-6304 jredden@allianceassociationbank.com

Stacy Dyer, CMCA, AMS Senior Vice President (843) 637-7181 sdyer@allianceassociationbank.com