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Managing Commercial Credit Documents

Question: 
How do banks typically manage commercial credit documents?
Answer: 

Before the modern era, most credit documents were stored in paper file folders and kept in a records room or vault at the bank. In recent years, some banks have begun digitizing their documents and storing them in electronic recordkeeping systems. Core banking systems typically offer imaging modules. There are also third-party applications that support document management.

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Read more about credit documents.

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 04/17/2022

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