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Exception categorization strategy

Question: 
Why is it important to develop a strategy for categorizing exceptions?
Answer: 

Efficiently categorizing exceptions can make it easier for financial institutions to report on their documentation requirements. However, allowing users to create too many and/or overlapping categories in the tracking system can lead to reporting issues and confusion.

Continue reading about categorizing exceptions.

Vendor: 

Alogent provides proven, end-to-end check payment processing, digital, online, and mobile banking, and enterprise content and information management platforms to financial institutions. Our unique approach spans the complete transaction ecosystem —capturing and digitizing transaction data, exception tracking, and automating entire transaction and loan management workflows so that information is available across the enterprise.
www.alogent.com

marketing@alogent.com
+1-678-966-0844

First published on 11/03/2024

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