We recently benchmarked 6 major financial services firms (all Doculabs clients) and compared their maturity for managing documents...The Best Practices Below I outline 14 best practices in financial services for the major stages of the content lifecycle
Financial services companies are often rife with ad hoc workflows established to solve a particular task that is ultimately performed inconsistently. To ensure organizational efficiency, it is imperative to define and establish workflows with consistency within the financial services industry. These firms should follow a standard set of steps to establish consistent workflows
Organizations must make sure the content posted to their blogs complies with all applicable regulations – regulations which, in the financial services industry, are stringent, given they’re intended to protect investors from false or misleading claims and representations
No doubt the compliance units at securities firms are scurrying to come up with policies and procedures to address new guidance on the use of social media, issued by the Financial Industry Regulatory Authority (FINRA Regulatory Notice 10-06. It’s a much-needed response to the new...
Banks, credit unions and other financial services institutions lag well behind other industries in taking steps to improve efficiency, decrease wait times and generally speed up processing times
By “most organizations”, I mean most organizations in the document-heavy verticals like financial services, healthcare, and some areas of manufacturing
Capture and Imaging Enterprise Document Capture Initiatives, the Right Way 10 Ways to Improve Capture OCR and Indexing Good and Bad Capture Applications How to Assess Your Capture Operation Capture ROI Calculator and White Paper Digitization and Paperless Process – with Sample Calculator Mobile Capture How to Do Mobile Capture without Making the Mistakes We Learned to Avoid 10 Years Ago Capture and Imaging Applications 3 Approaches to Improving AP Processes with ECM Adding ECM to Accounts Payable Processes: An Introduction Transforming the Mortgage Loan Capture Process: Digitization and Automation (article) Transforming the Mortgage Loan Capture Process: Digitization and Automation (presentation) 14 Best ECM Practices in Financial Services When Should You Do Imaging for Records Management? What ECM Technologies and Products Do Large Financial Services and Insurance Companies Use?
Here are the basic steps I’d suggest, and we’ll use a financial services firm as an example. 1...Transaction Types: A typical transaction type for financial services firms is “Money Out&rdquo
More than 100 billion documents for financial services, government organizations, and the healthcare and life sciences industry are analyzed annually by Parascript software
We cover a wide range of industry verticals: BFSI - Banking, Financial Services and Insurance, Legal, Manufacturing, Healthcare (including Life Sciences), Government, and many others