MINNEAPOLIS, MN--(Marketwire - April 14, 2009) - The Minnesota Bankers Association (MBA) and IntelAccount have announced a partnership agreement where the MBA will endorse and offer IntelAccount's web-based accounts payable and payroll processing services to banks and their commercial clients. IntelAccount is a national provider of web-based accounts payable, expense report and payroll processing services including e-payment and document management services for small and medium-sized organizations. Banks can use IntelAccount services to reduce costs up to 70% while improving controls, productivity and security, AND banks have an opportunity to generate new revenue by referring IntelAccount services to their commercial clients.

"Banks throughout Minnesota are looking for ways to maintain their high level of service to customers while also being cognizant of their bottom lines. Banks can use these unique products with special discounts to lower their accounts payable and payroll processing costs without having to invest in systems and human resources. They can also offer these services to their commercial customers, diversifying their service offerings, strengthening customer relationships, and helping customers save money," stated Joe Witt, President/ CEO of the MBA.

"Reducing costs, introducing new fee-based services and improving controls are requirements critical to long-term success for any organization. IntelAccount is helping clients across the country accomplish all these goals," stated David Crane, CEO of IntelAccount. "For 120 years, the MBA has been recognized as a trusted leader in the Minnesota banking community. We are excited about this partnership and the opportunity to work with the MBA to bring IntelAccount's services to their members."

About Minnesota Bankers Association (MBA)

The Minnesota Bankers Association is the state's largest trade association devoted exclusively to representing commercial banks. The MBA was founded in 1889 and represents 95% of Minnesota's chartered banks. The MBA is proud to support our member banks as they work to ensure vital communities throughout the state. For more information, please visit our website at www.minnbankers.com.

About IntelAccount

IntelAccount is a leading national provider of Web-based accounts payable, expense report, and payroll processing services exclusively to the small business market. IntelAccount was a Winner of the 2007 Upsize Magazine Growth Challenge, Nominated for (BPO) 2007 Provider of the Year by FAO Magazine, and a 2006 Minnesota Cup finalist! For more information visit www.intelaccount.com.