iDoc is a browser based document management and imaging product. It can image and track loan and deposit documents by utilizing barcode technology that will virtually eliminate manual data entry. iDoc helps mitigate risk by tracking and reporting on reoccurring, pending, and missing documents while automating and streamlining technical exception reporting by officer, branch, or document type. iDoc allows users to create customized checklists and customer notification letters. This automated process can also track customer accounts, vendor contracts, human resource documents, or any document management process.
iDoc takes the worry out of managing your documents. Since iDoc is an automated process, it can manage required documentation and technical exception reporting. It can also reduce Risk and Asset Liability with its pre-configured document checklists and missing document notifications.
When it comes to Disaster Recovery, iDoc has this covered with the complete digitization of important bank documents. Also, iDoc offers a decrease in stockholder liability with its proactive approach to loan documentation compliance and a decrease in operating expenses by saving time and money on storage, printing, and managing documentation requirements.
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We find there are a lot less mistakes as the checks are read by CAR/LAR software and amounts are automatically put into the transaction fields, which eliminates a lot of keying by the teller.
