TECH DIGITAL RESOURCE LIBRARY

AccuSystems

AccuSystems, LLC is a software development company who offers their customers in-house qualified programmers, customer service reps, sales professionals, installation techs, and support groups. In 2000, AccuAccount (f/k/a AccuLoan), was developed through a partnership with a local $330 million financial institution, creating a breakthrough loan management and file imaging platform. In 2002, AccuDoc was developed to manage other bank operations such as deposits, human resources, vendor contracts, real estate, trusts, meeting minutes, insurance, invoices, policies and procedures, and securities. The AccuAccount and AccuDoc products are currently being utilized in hundreds of financial institutions throughout the United States.

Unlike many ECM (Enterprise Content Management) solutions, AccuSystems is committed entirely to servicing the needs of financial institutions. We can tailor our offerings specifically to accommodate your institution�s document imaging and management requirements.

Our Website: http://www.accusystem.com/


Latest Content From AccuSystems

Whitepaper: Things To Look For In A Bank Vendor

by AccuSystemsJan 22, 2013

The selection and implementation of an imaging and document management solution can seem overwhelming. Your institution will have many concerns and questions as you work through the selection process, but ultimately must ensure that the needs and requirements of your institution will be met in the product selected.

A successful implementation starts with the right foundation. This document is meant to help you build that foundation by understanding and working through critical steps in the process. As you begin this process, your institution may find other business processes or organizational needs that will be affected by the final vendor choice. It is important to remember that selecting an imaging and document management vendor is not just about the technology. The final product chosen will impact your users and processes such as file management and exception tracking.

We have developed six steps we feel are critical in helping you choose and successfully implement the imaging and document management product that will be the best fit for your institution:

1. Know Your Resources
2. Identify Your Stakeholders AND Create Your Team
3. Analyze Your Needs & Specify Your Requirements
4. Evaluate & Select Vendor
5. Manage Implementation
6. Keep Communicating


Whitepaper: The Benefits of Loan Document Imaging and Digital Loan Portfolio Management

by AccuSystemsJan 22, 2013

Banks that have successfully implemented document imaging applications, developed comprehensive polices and diligently follow consistent procedures reap the benefits of efficiencies in loan portfolio management (even more efficiencies if the bank does enterprise-wide imaging), increased productivity, diminished loan policy and document exceptions and streamlined audit and examination processes.

Advantages to installing and managing a digital loan portfolio system can be divided primarily into two specific definitions: tangible costs reduction and intangible costs mitigation. This paper will address both definitions and further illustrate the savings to a bank in bottom line, staff resources and compliance.

The state of loan document imaging today

Surveys amongst banks, auditors and regulators have determined that electronic loan management is the next large technology investment community banks are planning. Many banks had made the strategic decision to move ahead with implementing document imaging systems to eliminate the manual loan file management processes that have been in place since banks began lending money. The turmoil in the global economy beginning in the late summer of 2008 delayed the start of most of these decisions to move forward. The prevailing attitude was "if it ain't broke, don't fix it...yet".

Unfortunately for many financial institutions, their plight was amplified by the innate inability to manage their loan portfolios efficiently, track and cure exceptions timely and appease auditors and examiners by their inability to identify and grade loans because of the sheer volume.