What is Smart C.U.T.™?
Smart C.U.T.™ (Financial Institution Tool) is a completely integrated banking system for managing
financial products, services and related information. It can be
run in both single and multi-branch environments, with true
profit-centre accounting capabilities.
Account Types:
Chequing, Savings, Share Offerings, Terms, RRSP's,
RRIF's, RESP's, Index-Link, NISA, Loans, Mortgages, Coverdrafts,
Lines of Credit, Home Equity, Reverse Mortgages, Off-Balance Sheet
Mortgages and Charged-Off Loans
Administration:
Multi-Branch Accounting, Integrated General
Ledger, Financial Statements, Audit Sub-system, Clearing including
EFT's/AFT's, Dormant Account Tracking, Electronic Utility Bill
Transmission, Money Orders, Travelers Cheques, Safety Deposit Boxes,
Accounts Payable Sub-system, U.S. Cash Drawer, and Employee Security
Administration
Automated Features:
Savings and Loans Transfers, Dividend and Rebate
Processing, Payroll Distribution Processing, Re-occuring Entries,
Service Fees, Post-Dated Cheque Administration, ...
Printing:
Official Cheques, Term Certificates, Passbooks,
Letters, Labels, Statements, Receipts (including Regulatory), and
Report Spooling
Reporting:
Adhoc, Regulatory, and System Generated