Effingham, 62401, IL,
United States
Midland States Bank Technographics
Midland States Bank Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Midland States Bank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 915 Midland States Bank employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Midland States Bank has purchased the following applications: SAP ERP ECC 6.0 for ERP Financial in 2014, ADP Workforce Now for Core HR in 2010, Jack Henry Banking SilverLake for Core Banking in 2012 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Midland States Bank is running and its propensity to invest more and deepen its relationship with SAP , Jack Henry & Associates , ADP or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Midland States Bank revenues, which have grown to $322.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Midland States Bank intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Midland States Bank Tech Stack and Enterprise Applications
Midland States Bank ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| SAP | Legacy | SAP ERP ECC 6.0 | ERP Financial | ERP | n/a | 2014 | 2018 |
In 2014 Midland States Bank implemented SAP ERP ECC 6.0 as its ERP Financial platform. The deployment centralized core financial management and established SAP ERP ECC 6.0 as the authoritative system for enterprise accounting and statutory reporting.
Configuration work focused on core finance modules typical of an ERP Financial implementation, including general ledger, accounts payable, accounts receivable, treasury and fixed assets, together with financial reporting and period close configuration. Implementation activities emphasized chart of accounts harmonization, ledger setup and financial close workflows to support consolidated reporting across business units.
Operational coverage extended across Midland States Bank’s commercial and consumer banking lines, merchant credit card services, trust and investment management, and non-bank subsidiaries, and it supported accounting consolidation across more than 80 branch and corporate locations. The SAP ERP ECC 6.0 environment served as the financial record consolidation layer for Midland’s diverse banking and financial services functions.
In 2016 Midland States Bank hired Cynthia Carr as Director of Information Security and IT Governance to develop and implement an expanded information security and IT governance roadmap. Carr brought SAP, ERP and business intelligence training and extensive security and compliance experience, positioning the governance program to intersect with the bank’s SAP ERP ECC 6.0 financial environment and related financial control processes.
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Payment Processing | ERP |
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2018 | 2018 |
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Midland States Bank HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| ADP | Legacy | ADP Workforce Now | Core HR | HCM | n/a | 2010 | 2018 |
In 2010, Midland States Bank implemented ADP Workforce Now as its Core HR platform to centralize payroll and HR administration across its multiple legal entities. ADP Workforce Now functions as the primary application for payroll processing, tax administration, and HR related reporting for the bank.
The deployment configures ADP Workforce Now to manage multi state payroll processing, semi monthly payroll cycles, payroll account reconciliation, and a general ledger interface. Functional capabilities implemented include payroll system maintenance, audit controls over payroll team data input, payroll tax filings and remittances, and the production of monthly management reports within ADP Workforce Now.
Operational coverage spans all legal entities of Midland States Bank and includes coordination of payroll and A/P activities during acquisitions. ADP Workforce Now is operated alongside the bank general ledger through an ADP general ledger interface, while the bank administers its GL system in Jack Henry Silverlake for chart of accounts creation, interface configuration, and reconciliation. The implementation also formalizes workflows for filings with federal, state, and local tax authorities and for payments to insurance carriers.
Governance is concentrated in payroll and A/P leadership who are responsible for auditing payroll team entries, reconciling payroll accounts, overseeing 1099 Misc generation and B notice processing, and managing the corporate p card program. Processes require payroll manager review and audit prior to payroll runs, and the A/P manager administers merger related activities that impact both ADP Workforce Now and the Jack Henry Silverlake GL interface.
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Recruiting, Applicant Tracking System | HCM |
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2014 | 2014 |
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Midland States Bank ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Jack Henry & Associates | Legacy | Jack Henry Banking SilverLake | Core Banking | ERP Services and Operations | n/a | 2012 | 2012 |
In 2012 Midland States Bank implemented Jack Henry Banking SilverLake as its core processing platform. The decision was part of an eight month selection wave in which five mid-tier banks chose SilverLake to provide enterprise-wide automation, with four banks electing outsourced hosting and one planning an in-house installation. Jack Henry Banking SilverLake is positioned within the Core Banking category and was selected for its integrated, best-of-suite architecture.
The Jack Henry Banking SilverLake deployment emphasized integrated core processing capabilities alongside state-of-the-art CRM and Internet banking modules. Configuration work focused on consolidating customer information, unifying workflows, and enabling commercial banking functionality to support operations and customer service. The implementation narrative highlights an intent to deliver an intuitive user experience through a single platform rather than separate siloed components.
Operational coverage targeted enterprise-wide functions across retail and commercial business lines, impacting operations, customer service, and technology teams at Midland States Bank. The SilverLake architecture supported both hosted outsourcing and in-house installation models, providing flexibility in deployment and centralization of core processing and customer data. Integrations are described in terms of platform-level consolidation and complementary Jack Henry Banking solutions that enable full integration of CRM and Internet banking capabilities.
Governance and rollout emphasis centered on aligning the core platform with the bank's business strategy, with executive leadership citing the suite's functionality and flexibility. Public statements in the announcement noted that SilverLake's integrated platform delivered flexibility and consolidated operations that banks considered unmatched by older platforms.
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Midland States Bank Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Audio Video and Web Conferencing | Collaboration |
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2018 | 2018 |
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Collaboration | Collaboration |
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2020 | 2020 |
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Midland States Bank Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Enterprise Content Management | Content Management |
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2020 | 2020 |
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Web Content Management | Content Management |
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2020 | 2020 |
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Midland States Bank CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Customer Experience | CRM |
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2020 | 2020 |
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Data Management Platform | CRM |
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2018 | 2018 |
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Data Management Platform | CRM |
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2018 | 2018 |
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Data Management Platform | CRM |
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2019 | 2019 |
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Digital Advertising Platform | CRM |
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2018 | 2018 |
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Digital Advertising Platform | CRM |
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2018 | 2018 |
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Sales Automation, CRM, Sales Engagement | CRM |
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2012 | 2012 |
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Midland States Bank ITSM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Performance Management | ITSM |
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2019 | 2019 |
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Midland States Bank IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2018 | 2018 |
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Application Hosting and Computing Services | IaaS |
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2019 | 2019 |
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Content Delivery Network | IaaS |
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2020 | 2020 |
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Content Delivery Network | IaaS |
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2018 | 2018 |
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Content Delivery Network | IaaS |
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2018 | 2018 |
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Midland States Bank CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Identity and Access Management (IAM) | CyberSecurity |
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2021 | 2021 |
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IT Decision Makers and Key Stakeholders at Midland States Bank
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Apps Being Evaluated by Midland States Bank Executives
| Date | Company | Status | Vendor | Product | Category | Market |
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