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Reason to connect an LOS with a document management system

Question: 
Why might a financial institution build an interface between its LOS and document management system?
Answer: 

For many financial institutions, LOS (loan origination system) technology has become vital throughout the decisioning process. However, such systems can become information silos, causing credit documents and other important records to reside in multiple systems. Interfacing an LOS to a document management system can streamline the centralization of information and avoid document silos.

Read about extracting documents from an LOS.

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

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+1-678-966-0844

First published on 01/12/2025

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