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January 28, 2014updated 04 Apr 2017 4:09pm

Mercantile Bank of Michigan selects Fiserv for account analysis and billing

Mercantile Bank of Michigan has deployed Fiserv’s Weiland Account Analysis to streamline evaluation and billing of commercial demand deposit accounts.

By Verdict Staff

Mercantile Bank of Michigan has deployed Fiserv’s Weiland Account Analysis to streamline evaluation and billing of commercial demand deposit accounts.

Through this deployment, Weiland Account Analysis will allow Mercantile Bank of Michigan to capture every billing point, deliver comprehensive, graphical statements to customers and automate input from various systems.

Mercantile Bank of Michigan intends to save time on month-end processes and report generation with Weiland Account Analysis, and avoid manual data entry with the billing automation function.

Additionally, the reporting and modelling capabilities of solution will automatically quantify products, activity and growth, assisting the bank to make key adjustments to billing and approvals.

Mercantile Bank of Michigan senior vice president and treasury sales manager, John Byl, said: "We now have the flexibility to gather and customize information into a single, seamless billing module that ties everything together with a statement that demonstrates to our customers the value our organization provides."

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