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Tracking and reporting on aging exceptions

Why is it important to track and report on aging exceptions?

Implementing proper tracking helps financial institutions monitor critical exceptions that have remained unresolved for a long period of time and expose the financial institution to risks. Aging exception reports can be useful for understanding aging exception trends and encourage healthy conversations that lead to fewer unresolved critical exceptions.

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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.

First published on 01/28/2024

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