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Use cases for exception categories

Question: 
How might a financial institution categorize its exceptions?
Answer: 

Categorizing certain exceptions as “critical,” by document type (such as collateral or insurance), or by type of issue (such as documents that failed QC) are possible approaches.

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exception categories.

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.
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First published on 09/22/2024

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