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Document Management and Dormant Accounts

Question: 
How can document management software reduce risk on dormant accounts?
Answer: 

Certain document management systems can automatically place dormant accounts into a "restricted" status, which prevents further access to documentation and related information (such as signature cards). Compared to paper documents, which take time to restrict access to, digital documents can be instantly hidden based on the account status.

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Learn more about document imaging.

Vendor: 
AccuSystems

AccuSystems develops document management and exception tracking software for financial institutions. Trusted by more than 15,000 bankers worldwide, AccuAccount automates exception tracking, streamlines audits, and simplifies loan imaging. Request a demo, register for a webinar, or download a free whitepaper.

First published on 02/14/2021

Filed under: 
Compliance
Filed under compliance as: 
Personnel
Dormant Accounts

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