Expert Article: Bye-Bye To Paper Documents

The digital revolution in banks and other financial institutions is now challenging long-held operational processes.  With many of the recent changes in regulations, namely those relating to document tracking, banks are beginning to re-evaluate every angle of their information technology systems.

With such developing trends, many financial institutions are turning to software that enables some form of bank-wide imaging.  Alan Wooldridge of AccuSystems LLC recently published an article that looks at the different options banks may consider when "going paperless".  The article takes a look at the following topics:

• What Is An Imaging System? - Allows organizations to scan and store electronic versions of files

• Document Management For Banks -  Provides document tracking and workflow features; often has built-in imaging system

• Imaging Systems vs. Document Management Systems - Typically, document management systems are more advanced than imaging-only systems

To learn more about how your bank can digitize bank documents, please click the following link and read the original article in its entirety.  http://ezinearticles.com/?Paper-Bank-Documents-No-More?&id=6198820.

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