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Electronic File Room

Question: 
At a basic level, how does an “electronic file room” work?
Answer: 

In an electronic file room, credit and loan documents are scanned after booking. These images are stored in a document repository with a similar tab structure as a traditional paper file. The files are stored in an open architecture format and reside on the bank's servers.

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Download a free whitepaper about electronic document management.

Vendor: 

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 10/30/2016

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