Financial Technology

Financial Technology

February 06, 2013

Planters Banks Selects Inova Payroll Solutions

Planters Bank, located at Hopkinsville, Kentucky and Clarksville, Tennessee, recently collaborated with Inova (News - Alert) Payroll for fulfilling its payroll requirements. Business customers of Planters Bank will now be able to use the handy, sophisticated and solitary database technology in order to access payroll and HR offerings.

In a statement, Elizabeth McCoy, president and CEO of Planters Bank, said, “Planters Bank is committed to building and maintaining strong relationships with our business customers by offering them products and services designed to help them succeed. Inova Payroll’s smart integrated technology, commitment to personalized, high-touch customer service, and local roots make them an excellent choice to support our business clients’ administrative operations.”

According to Farsheed Ferdowsi, CEO of Inova Payroll, the organization is excited to be chosen as Planters Bank’s favored associate for offering payroll and tax filing solution to their business customers.

Ferdowsi said, “Outsourcing payroll and HR services with Inova Payroll is a smart choice that reduces costs, risks and workload and gives business owners more time to focus on growing their business. To help businesses succeed, we offer a 3-year price guarantee, so businesses don’t have to worry about price increases for three full years.”

An exhaustive portfolio of intelligent payroll and HR offerings is made available by Inova Payroll, based in Tennessee. These solutions, which merge the ground-breaking, sophisticated technology with Inova Payroll’s sincere commitment to best-in-class customer care, are ideal for enterprises of all sizes. Some of the offerings from Inova Payroll include one-database payroll and HR solutions, countrywide tax filing, Pay-As-You-Go Workers’ Comp, 401(k), time and attendance, group health insurance, section 125 plans, PayCards and HR support, among others.  

Planters Bank is a community bank covered by FDIC. As of June 30, 2012, the bank assets amounted to a total of $677 million. The bank was initially established in 1996 in Hopkinsville, Kentucky. In 2002, it later extended into the adjoining Clarksville, Tennessee. An all-inclusive assortment of consumer and business banking services are offered by Planters Bank, which currently has three branches in Hopkinsville and five in Clarksville. Five branches of Old National Bank in Western Kentucky are expected to be taken over by Planters Bank.   

Edited by Rachel Ramsey

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