Science & Technology
Science and Technology
Science and Technology
Mon, December 1, 2008 Goldleaf s BusinessManager Solution Selected by Eight Financial Institutions
ATLANTA--([ BUSINESS WIRE ])--Goldleaf Financial Solutions Inc. (NASDAQ:GFSI), a provider of integrated technology-based solutions designed to improve the performance of financial institutions, today announced that eight financial institutions have recently selected its BusinessManager solution. BusinessManager enables financial institutions to finance growing businesses more profitably by offering a unique combination of funding and receivables management benefits while providing the tools to mitigate risk.
With the tightening in the credit markets, many businesses are looking for sources of cash to fund growth. Goldleaf's BusinessManager solution enables businesses to turn their accounts receivables into cash, which allows them to more accurately predict cash flow and operate on an all-cash basis. The solution allows banks to attract businesses that would normally not be a fit for traditional financing while increasing cross-selling opportunities for their other products and services.
"BusinessManager offers a tremendous opportunity for financial institutions to enhance relationships by helping businesses grow," said Lynn Boggs, CEO of Goldleaf. "Banks can gain valuable insight into a business's operation enabling better funding and cross-selling opportunities. BusinessManager is a compelling value proposition for banks looking to boost fee income with little overhead cost."
With its BusinessManager solution, Goldleaf also provides Business Development Managers (BDMs) who assist the bank in marketing the service, as well as identifying potential opportunities in the market. Goldleaf's BDMs help banks promote BusinessManager with an aggressive marketing plan that centers on strategically planned business development, where BDMs work with the bank to conduct one-on-one presentations to existing bank clients and prospective customers.
About Goldleaf
Goldleaf Financial Solutions, Inc., offers a strategic suite of integrated technology and payment processing solutions to financial institutions of all sizes. Goldleaf's products and services enable financial institutions to succeed in today's competitive market, solidify their trusted financial relationships, expand their presence and improve profitability through the efficient use of technology. Goldleaf works with clients across six continents. For more information about Goldleaf and its set of solutions, please visit the company at [ www.goldleaf.com ].
Safe Harbor Statement
Certain statements made in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management's current expectations and include known and unknown risks, uncertainties and other factors, many of which the Company is unable to predict or control, that may cause the Company's actual results or performance to materially differ from any future results or performance expressed or implied by such forward-looking statements. These statements involve risks and uncertainties, including, without limitation, risks and uncertainties associated with the ability of the Company's suite of products and services to enhance the competitiveness of its clients. These and other risks and uncertainties the company faces are detailed from time to time in the Company's filings with the Securities and Exchange Commission. The Company cautions investors that any forward-looking statements made by the Company are not necessarily indicative of future performance. The Company is not responsible for updating the information contained in this press release beyond the published date, or for changes made to this document by wire services or Internet services.
