Skip to content

Challenges of Paper Loan Files

What are some of the challenges of paper loan files?

Although banks have relied on them for decades, hard copy loan files present numerous challenges compared to modern digital solutions. For example, paper loan files can only be accessed at one physical location at a time. In addition, hard copy documents are more likely to get lost or destroyed than electronic documentation, which can be backed up.

Learn more about loan files.


AccuSystems develops document management and exception tracking software for financial institutions. Trusted by more than 15,000 bankers worldwide, AccuAccount automates exception tracking, streamlines audits, and simplifies loan imaging. Request a demo, register for a webinar, or download a free whitepaper.

First published on 06/12/2022

Filed under: 
Filed under technology as: 

Search Topics