Capture Solutions Enhance Productivity for Financial Services

Financial institutions are reinventing how they do business, streamlining and automating wherever possible, while an increasing list of regulations raises the stakes for compliance.  It is an industry facing many demands and therefore demands a sophisticated document strategy. Datacap's innovative document capture software can automate an organization's essential processes, bringing greater efficiencies and cost savings, helping achieve your business objectives.

Key Processes That Benefit From Capture Solutions

Mortgage Loan Processing – Mortgages can total hundreds of pages of different document types, from titles and credit reports to appraisals to certificates of occupancy.  The faster a financial institution can process all the documents required for a mortgage, the faster they can provide funds to the customer to make their homeowning dreams come true. Since mortgage documents must be maintained for the life of the mortgage and beyond, fast and efficient imaging can deliver cost savings and help maintain compliance.

Proxy and Account Statement Scanning and Capture – Efficient management of customer records is a hallmark of successful financial institutions and the ability to scan and index statements for efficient storage and retrieval is key.  

Check Processing – For remittance applications, capturing the documents and the check that accompany a payments can help an organization streamline the process, rather than perform two or three different processes.

The Value of Capture for Financial Services

• Reduced errors on data input
• Reduced costs for error location and correction
• Reduced processing costs
• Reduction in FTEs required to perform data entry
• Improved cycle times and accuracy