Industry Solutions - Financial

Banks and financial institutions have benefited greatly from document imaging and management. Many types of documents can be stored including:

• Bank forms
• Financial statements
• Receipts
• Invoices
• Expense reports
• Checks and check stubs
• Loan paperwork
• Credit applications
• Credit reports

These forms and more can be scanned, indexed and stored in the eWIX: Document Management service. Documents can be retrieved instantaneously when needed.

Audits are quickly completed by meeting all requirements to provide copies of documents to auditors. Copies of documents can be made with the click of the mouse. The time required to complete an audit can be reduced from weeks to days.

Using the web-based eWIX: Document Management service for document management helps organizations meet the Sarbanes-Oxley Act (2002). This act requires that all business records, including electronic records and electronic messages, must be saved for no less then five years. By using the eWIX service to store and manage all electronic files and paper documents, meeting the record retention rules of the Sarbanes-Oxley Act is made easier.

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