Blogs

Advocating for Streamlined Document Management at Your Financial Institution

By Cameron Marks posted 4 hours ago
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Implementing a system like AccuAccount can enable numerous efficiencies for commercial lending teams. Expedited access to loan documents, reduced paper, enhanced exception management and reporting, and improved collateral management are a few examples. It’s therefore no surprise why we get a lot of inquiries from VP Loan Managers and people with similar titles. Lending staff may be quick to see the value in AccuAccount, but selecting new software for your bank or credit union likely requires buy-in from multiple stakeholders and teams. Here are a few tips for advocating for change. Communicating a Clear Vision Advocating for technological change ...
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Advocating for Streamlined Document Management at Your Financial Institution

By Cameron Marks posted 4 hours ago
Be the first person to recommend this.
Implementing a system like AccuAccount can enable numerous efficiencies for commercial lending teams. Expedited access to loan documents, reduced paper, enhanced exception management and reporting, and improved collateral management are a few examples. It’s therefore no surprise why we get a lot of inquiries from VP Loan Managers and people with similar titles. Lending staff may be quick to see the value in AccuAccount, but selecting new software for your bank or credit union likely requires buy-in from multiple stakeholders and teams. Here are a few tips for advocating for change. Communicating a Clear Vision Advocating for technological change ...
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A Modern IM Story: Government Agencies Undergo Digital Transformation

By Tali Mayer Chissick posted 7 days ago
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For government agencies, navigating through vast bureaucracies, mountains of data, and stringent compliance requirements is no easy feat. At any given time, different departments may be at different stages of the digital transformation process. Internal resistance puts even more barriers in place. When legacy systems reach the end-of-life stage, the pressure is really on to modernize and migrate to better Information Management solutions. Learn about how one technology provider is helping government agencies across Canada create a frictionless transition to modern IM solutions with the help of integrated tools and partners. Read the full post here.
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[Playbook] Loan Management: Efficiently Manage Notices

By Cameron Marks posted 9 days ago
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Here’s the situation: Your financial institution is looking for a better way to generate, send, and track notices. Although notices serve as an essential form of communication with account holders, managing notices can involve considerable administrative work for loan assistants, insurance clerks, and other staff. This article shares two plays for streamlining your notice workflow with Alogent’s process automation solution, AccuAccount . Play #1: Print Your Notices Let’s imagine that you’re a loan assistant tasked with distributing notices to customers of a specific commercial lender. Managing your bank’s documentation, exception data, and customer ...
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Demystifying Outlook & Teams Storage Confusion

By Tali Mayer Chissick posted 23 days ago
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Without the right tools and policies, Microsoft Teams and Outlook can inadvertently create a bifurcated and siloed system that confuses end users and hides key emails and files from those who need them most. Read the full post here.
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Accelerating Efficiency by Leveraging Alogent’s Full Suite of Process Automation Solutions

By Cameron Marks posted 28 days ago
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More than 15,000 bankers use AccuAccount to streamline a variety of credit and loan management processes—everything from document imaging to collateral tracking and audit preparation. It’s a powerful tool, especially when paired with FASTdocs , Alogent’s enterprise content and information management solution. Why should your bank or credit union consider implementing FASTdocs alongside AccuAccount? For financial institutions looking to retire legacy systems, consolidate vendors, and reduce paper-based workflows, FASTdocs offers a number of efficiency-boosting features. Simplified cold reporting is a good example. Let’s take a closer look at ...
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With Delinquencies on the Rise, It’s Time to Rethink Collateral Perfection & Risk Management

By Cameron Marks posted 29 days ago
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Delinquent loans seem to be on the rise at financial institutions across the United States. In fact, the NCUA reported that the delinquency rate at federally insured credit unions during Q3 2023 was up 19 basis points versus the previous year. The Federal Reserve Bank of New York noted similar trends around loans in "serious delinquency," defined as those delinquent for 90-days or more - auto loan dept (2.22% in Q4 2022 vs. 2.66% in Q4 2023), credit card debt (4.01% in Q4 2022 vs. 6.36% in Q4 2023) and "other" loan debt (3.96% in Q4 2022 vs. 5.15% in Q4 2023), to name a few. Such trends may indicate macroeconomic difficulties, but they also pose ...
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3 Loan Management Workflows to Help You Save Time & Drive Efficiency

By Cameron Marks posted 29 days ago
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Automating a single task may not seem like a big savings in the grand scheme of things. But, what if that task occurred multiple times per day and for multiple users? Over the course of several years, automating such a task could deliver a measurable impact. At Alogent, we’re passionate about delivering process automation solutions for banks and credit unions. During a recent webinar , we discussed three time-saving workflows to enable with our AccuAccount software. Let’s explore how each workflow might benefit your financial institution. Workflow #1: Automating Task Delegation Relying on paper checklists, calendar reminders, and handwritten sticky ...
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Benefits of FASTdocs in the Cloud

By Cameron Marks posted 29 days ago
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When deployed in Alogent’s private cloud, FASTdocs gives financial institutions a wealth of benefits like a reduction of costs, a modernized infrastructure, and the ability to deploy new customer and member-facing services faster. Increase efficiency without the need for in-house teams like specialized SQL database administrators, and ensure compliance requirements and document retention mandates are met with simplicity. Discover more in this document.
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From Loan Imaging to Cold Storage: Extend AccuAccount’s Automation Potential with Additional Content Management Capabilities from Alogent

By Cameron Marks posted 29 days ago
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Efficient document and information management is increasingly important for modern financial institutions. Paper documents, siloed information, and outdated technology create operational bottlenecks that can be difficult and costly to solve. But, with so many other initiatives going on at your bank or credit union, identifying and implementing a new solution can seem overwhelming. At Alogent, we provide technology to help banks and credit unions overcome challenges that impact productivity, growth, and financial performance. Our process automation suite of solutions , FASTdocs and AccuAccount , are two great options for financial institutions looking ...
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Mastering Data Privacy: Best Practices in Cookie Management

By Zasio Staff posted 30 days ago
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This article first appeared on Zasio.com By Yurii Vatashchuk On December 29, 2023, the French Data Protection Authority (CNIL) fined Yahoo EMEA Limited €10 million for disregarding the choices of internet users who refused cookies on its “Yahoo.com” website and for preventing users of its “Yahoo! Mail” messaging service from freely withdrawing their consent to cookies. CNIL established that when users visited the “Yahoo.com” site, the cookie banner featured multiple buttons to obtain consent for cookie deposition. However, despite the absence of explicit consent, about twenty advertising cookies were still deposited on the user’s device. Moreover, ...
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Better Email Management for True Business Continuity

By Tali Mayer Chissick posted 03-14-2024
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Employee turnover disrupts business operations, but getting workers to proactively share important emails to Microsoft Teams can blunt the impact on business continuity. Giving users the right tools and incentives can help them adopt this new habit. Whether it’s a round of layoffs, a performance-driven dismissal, or a colleague simply opting to further their career at another company, employee turnover is a reality for organizations of all shapes and sizes, and predictions for 2024 anticipate plenty more headcount reductions to come . But regardless of why a coworker left, whoever remains must pick up the pieces and continue conducting business. ...
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Webinar: Effective Project Management with Teams w/ Microsoft MVP Hilton Giesenow

By Tali Mayer Chissick posted 03-11-2024
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MS Teams can be a powerful platform for project management. With chats, meetings, files and many 3rd party solutions, MS Teams is a booming platform for all types of project management. From construction to digital transformation, from government to healthcare – this platform is both flexible and robust enough to support most use cases. What are the most effective ways to manage projects on Teams? Join MS Teams expert, Microsoft MVP, Hilton Giesenow , and harmon.ie Product Manager, Corey Tinianov , to learn how to turn Teams into a powerful tool for project management. 2 sessions scheduled, for your convenience: Americas | Tuesday, 19 ...
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Americas SAP User Group – ASUG: An Illuminating Experience

By Shelly Mahon posted 03-07-2024
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Over the past few weeks, several folks from Zia Consulting attended two ASUG events – Denver, Colorado and Palm Beach, Florida. As a dedicated SAP professional and vendor of an industry leading Certified SAP Archiving Solution Appliance , it was great to get updates on the latest industry trends. Additionally, the ability to network with like-minded individuals provided valuable insights to more closely align with other professionals on SAP archiving strategies for both ECC and S/4HANA. Right from the start, the energy at the event was palpable. The venue buzzed with activity as attendees from various sectors and professionals within the SAP ...
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Email Retention Tension: Legal Risk vs. Business Value

By Tali Mayer Chissick posted 03-06-2024
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Legal and compliance departments want to protect their organization from risks, but this often collides with business users’ natural tendency to retain every email just in case. Are these two instincts truly at odds or can they reach a happy medium? Read the blog post here .
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IDA 5.2 – A seamless solution for advanced document capture, classification, and data extraction.

By Dennis Seemann posted 03-05-2024
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Dear AIIM Community, We just released a brand new version of our IDP software suite. IDA 5.2 is out now! What's new with IDA 5.2? LLM-based Extraction: Extract data from unstructed documents simply by using prompts. Plug-and-play Recognition SDK: Enhance your data capture by using unmatched OCR/ICR. Redaction: Protect sensitive and confidential information. Image Normalization: Minimize your file size for efficient processing and archiving. About IDA The IDA software suite offers comprehensive capabilities for customers with the common desire for short time-to-value automation and high-quality data ...
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Leveraging Analytics to Drive Information Management Priorities

By Tali Mayer Chissick posted 02-23-2024
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“ You can’t manage what you can’t measure. ” This famous adage from management guru Peter Drucker is universally applicable. There’s no way to assess progress if you can’t compare where you are today versus yesterday, and you don’t know how big or small a problem really is until you quantify it. This all holds true for Information Management as well. Are you measuring what matters most and putting those metrics to work to optimize your Information Management initiatives and boost adoption and compliance? Read the full blog
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How Long to Keep Employee Records – Seems Like an Easy Question, Right?

By Zasio Staff posted 02-19-2024
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This article first appeared on Zasio.com By Rick Surber Duration of employment plus five to 10 years—when talking with Zasio’s clients, this range regularly comes up. It’s the standard for retaining employee records based on operational needs and location-specific legal recordkeeping requirements. If that answers the question you had when you clicked on this article, great! If you want to understand what determines whether a more customized retention period is right for you, keep reading. Where you have employees : There is a significant disparity between recordkeeping requirements in different countries or even the states, provinces, and territories ...
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From Loan Imaging to Cold Storage: Extend AccuAccount’s Automation Potential with Additional Content Management Capabilities from Alogent

By Cameron Marks posted 02-15-2024
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Efficient document and information management is increasingly important for modern financial institutions. Paper documents, siloed information, and outdated technology create operational bottlenecks that can be difficult and costly to solve. But, with so many other initiatives going on at your bank or credit union, identifying and implementing a new solution can seem overwhelming. At Alogent, we provide technology to help banks and credit unions overcome challenges that impact productivity, growth, and financial performance. Our process automation suite of solutions , FASTdocs and AccuAccount , are two great options for financial institutions looking ...
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Microsoft 365 Governance: Mastering the Essentials

By Sarah Gayda posted 02-14-2024
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Discover the keys to mastering Microsoft 365 governance in our latest blog post. Dive into essential insights and strategies designed to empower your organization in navigating the complexities of digital governance. From enhancing security measures to optimizing workflow efficiency, this article equips you with practical tips to harness the full potential of Microsoft 365 while ensuring compliance and data integrity. Mastering Microsoft 365 Governance Essentials
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