Next generation financial management system
to increase efficiency by expanding
information access and automation for key
COCC innovations improve Oracle Financials’
convenience, increasing accuracy and staff
Active partnership with COCC and its client
community ensures that staff have the
technology and support innovations to meet
the bank’s business needs
AVON, Conn., October 16, 2012 — The First National Bank of Suffield has selected COCC, the leading provider of next generation technology services to financial institutions, for its enterprise financial management services. The $220 million bank will increase efficiency by providing in depth financial information and automation to key personnel, plus superior support to ensure the innovations deliver their full benefit.
“Our partnership with COCC will give us next generation Oracle Financials technology to support our increasingly complex accounting tasks,” said Nancy S. Viggiano, President and CEO of The First National Bank of Suffield. “Not only are we gaining the most advanced features available today, we are also gaining a responsive partner to share best practices that will increase our productivity.”
“Oracle Financials from COCC had everything we were looking for and more,” said Carrie LeBlanc, First Vice President at The First National Bank of Suffield. “We look forward to the gain in efficiency by automating our entry and reporting processes. We are especially pleased with COCC’s innovations with Oracle Financials, such as automatic updates of General Ledger from Accounts Payable and Fixed Assets, daily automated eliminations ,and the ability to access our financials without learning a new set of screens. COCC has the solutions and support to increase our efficiency and move us forward.”
Ms. LeBlanc also cited COCC’s strong client service culture and onsite support as one of the major reasons for the bank’s decision. “We were very pleased to see COCC’s commitment to sharing best practices, particularly onsite ‘Shadow Days,’ which are included in their Oracle Financials service,” said Ms. LeBlanc.
Oracle Financials is one of COCC’s most popular strategic products, in use at 80% of COCC’s core processing clients. COCC is the largest provider of Oracle Financials services outside of Oracle itself. The company consistently earns high service grades on the quality of its financials service, averaging in the excellent range for the past 10 years.
“We welcome The First National Bank of Suffield to COCC’s client community,” said Richard A. Leone, COCC’s President and CEO. “Our next generation technology combined with our open communications approach to service keep our solutions fresh and current – a key driver of our many service advantages. We look forward to working closely with The First National Bank of Suffield to help them grow even more efficiently in the years ahead.”
Nancy S. Viggiano
President and CEO
The First National Bank of Suffield