Reduction in a bank’s exceptions

Question:

Why might a bank experience a reduction in exceptions?

Answer:

A decreased number of exceptions may indicate that a bank is improving its exception management practices. However, a drop in exceptions could also indicate that the bank is simply unaware of certain exceptions, which can lead to compliance and other risks.

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Vendor:

AccuSystems

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.