Banks and credit unions looking for an efficient mortgage processing system should consider mortgage capture software. Capture software is an alternative to manual entry that maximizes resources and enhances efficiency through document digitization. When files are digitally scanned and sorted, you can manage mortgage and loan documents, and streamline mortgage processing.
Key Benefits of Mortgage Capture Software in Your Business
In a digital landscape filled with constant technological advances, it’s crucial to take advantage of efficient software that improves company operations.
Document capture software enhances efficiency by digitally scanning and extracting relevant data from mortgage and loan documents. Capture software maximizes information intake resources, increasing productivity within workplaces.
In addition, mortgage capture software allows banks and credit unions to better serve clients by:
- Improving Efficiency – Manual file processing, sorting and scanning wastes resources. Mortgage capture software eliminates processing delays and quickly delivers mortgage documents, as opposed to standard manual entry. Quick turnaround results in less downstream exceptions and more time to focus on other client requests.
- Ensuring Regulatory Compliance – In addition to wasted resources, regulation violations are also common results from manual processing. Banks and credit unions with paper-heavy tasks need a secure, reliable system that will reduce risk of non-compliance penalties. Document capture software ensures all mortgage documents are securely scanned and stored, while meeting corporate and federal compliance standards.
- Delivering an End-to-End Solution – It’s easy to fall behind when manually processing documents. But banks and credit unions can’t afford lost time that results from antiquated document management. Document capture software ensures efficiency and security for all elements of the mortgage lifecycle. From processing to servicing loans, your files are safely scanned and stored in minutes.
Ready to Enhance Company Efficiency?
At ibml, we understand the importance of efficiency in banks and credit unions. That’s why we offer mortgage capture software to accelerate mortgage document processing.
We take pride in our efforts to maximize resources within companies. Each organization is different, which is why we offer several services customized to your business needs, including:
- Document Automation
- Remittance Processing
- Revenue Cycle Management