Expert Article: Paper vs. Electronic Loan Files

Banks continue to search for ways to optimize workflow processes.  Within the last decade, there has been considerable growth in the integration of digital imaging systems to manage loan files and other important documents.  Such systems have been shown to reduce administrative costs and enhance bank operations. 

Alan Wooldridge, Co-President of AccuSystems, recently published an article called "Loan Files - Automation Through Digitization at Banks".  In this article, Mr. Wooldridge provides a banking software vendor's perspective for evaluating loan file systems.  For banks considering document management systems, this resource could serve as a valuable tool.  The following topics are covered in this article about loan files:

• FAQs About Loan Files - Common questions banks should consider before "going paperless"

• Digitizing the Loan Approval Process - Banks can streamline all aspects of the loan management process through imaging, including approvals.

• Customization Is Key - Setting up loan files to match your workflow needs is important.  This can be automated through with imaging systems.

To read the article in its entirety, click here or visit the original URL below.

http://ezinearticles.com/?Loan-Files---Automation-Through-Digitization-at-Banks&id=6097203

Expert Article: Banking Software System - What to Look For

AccuSystems' Co-President, Alan Wooldridge, recently published an interesting article that weighs the features and benefits of implementing a banking software system at community banks.  The article provides helpful tips for banks of all sizes that are considering such a system.

In summary, the article takes a bank through a typical buying process.  Mr. Wooldridge suggests it is wise to first "take a look in the mirror", by evaluating your bank's current internal processes.  Once such processes are understood and roughly documented, then your bank can begin the search for a banking software system.

In addition to providing helpful tips, the article also provides a brief background of how banking software systems have evolved in banking environments.  Many banks assume that such banking software solutions are limited to check imaging technology.  On the contrary, Mr. Wooldridge points out that newer banking software systems can include a wide variety of features, including:  compliance tracking, bank operations management, deposit tracking, and loan tracking.  

To read the article in its entirety, please visit:  http://ezinearticles.com/?Banking-Software-System---Top-3-Features-to-Look-For&id=5927504