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Reasons for routing paper loan files

Question: 
What are some common reasons for routing paper loan files?
Answer: 

Line of credit renewals, audit and exam preparation, and inter-branch information sharing are reasons why financial institutions route paper loan files. Implementing an electronic document management system reduces the need to route paper files.

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loan file routing.

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 12/22/2024

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