Skip to content

How Does an Electronic Loan Management system Enhance the Audit and Examination Process?

Question: 
What benefits can be reaped from a document management system when preparing for an audit?
Answer: 

Examiners and auditors experience many positive ramifications of a digitally managed document system: consistency in loan file tab layout; less travel and out-of-office hours when requested loans are presented on a CD or DVD; less time reviewing paper files with missing or misfiled documents. The institution obviously experiences benefits as well, including less time preparing and more accurate information.

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 12/02/2013

Filed under: 
Filed under lending as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics