Credit Union Implements Policy Management Solution
Bridgewater, NJ – December 5, 2022 – iContracts, a leading provider of cloud-based contract, policy, and revenue management solutions today announced that AmeriCU, a not-for-profit financial institution, has selected iContracts’ policy lifecycle management solution, PolicyStat, to effectively manage policies and procedures.
Founded in 1950 at Griffiss Air Force Base, AmeriCU is a member-owned credit union with 20 locations located throughout central and northern New York. PolicyStat will aid the credit union to manage their policies to better serve their members in their footprint. This web-based tool will provide a central repository to efficiently organize content, automate workflow and notifications, and the ability to search, update and review polices in one location.
“With the growing needs of our credit union, we were searching for a solution that would efficiently organize, track and provide rapid access to all of our policies and procedures,” commented Linda Baird, Policy Coordinator at AmeriCU. “PolicyStat was the clear choice to help our financial institution centrally manage policies and ultimately improve our policy management processes.”
iContracts’ policy and procedure management solution, PolicyStat, is a Software-as-a-Service (SaaS), thus requiring no investment in facilities, hardware, software, or related costs. All aspects of the policy lifecycle can be managed by the PolicyStat solution, increasing productivity while simultaneously enhancing quality and compliance management.
“iContracts is pleased to welcome AmeriCU to our rapidly growing family of clients in the financial services industry,” commented Leigh Powell, Chief Executive Officer of iContracts. “Credit unions are operating more efficiently as a result of our truly unique, cloud-based policy management solution. We are honored that AmeriCU recognizes the value PolicyStat will add to their operations. We look forward to working closely with their team and forging a long-lasting relationship.”
iContracts’ goal is simple – to deliver better solutions for managing contracts that are faster, easier and less expensive to implement. This mantra is reflected in everything we do. Our software is generations ahead of other solutions, powered by a Simplified Common User Interface (SCUI) that makes every user an “expert” by learning just two simple, reusable views and backed by the most highly evolved data architecture in the industry – built by technologists with considerable and unique experience in building contract management solutions. This deep understanding and straightforward approach shows in everything we do. Our solutions are enterprise-class and can be quickly and easily integrated with any off-the-shelf or custom system to meet exacting business requirements without the army of consultants and endless fees associated with other products and providers. For more information, please visit www.icontracts.com.
As a credit union, AmeriCU is a not-for-profit financial institution owned by our members. Serving nine counties in Central and Northern New York, AmeriCU provides you with all the products and services you need – often with low or no fees, and better rates. The organization has been serving the local community for over 70 years and, in that time, has grown to more than 160,000 members, 20 locations, and $2.6 billion in assets. AmeriCU is located in Central New York and is among the State’s largest, full-service financial cooperatives. For more information, please visit www.americu.org.