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Make Your Financial Institution's Processes up to date

Question: 
Are manual processes the best practice for financial institutions?
Answer: 

Manual processes are no longer a best practice. They impact a financial institution's credit rating, increasing the cost of funds and the institution's Efficiency KPI. Mistakes in manual processes result in regulatory deficiencies and missed deadlines due to delays in processing customer requests. FINBOA takes care of all these issues through an end-to-end digital platform eliminating the need to use multiple systems and manual steps, ensuring timely processing, efficiency and regulatory compliance.

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Digital Transformation for the Back Office

Vendor: 

FINBOA's end-to-end process automation eliminates the need to use paper forms and multiple systems that require manual rekeying of data to stay compliant. Manual processes increase the likelihood of regulatory deficiencies, customer frustration, and require time consuming and expensive oversight. The results are delivered via a Cloud offering that reduces time to value to 2 - 4 weeks and TCO by 40%. Time saved allows financial institutions to focus on revenue generation activities. Contact us at 281-503-1233 or marketing@finboa.com. For more information: https://www.finboa.com.

First published on 11/03/2019

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