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Challenges of manual back-office workflows for payments

Question: 
What are some challenges of relying on manual back-office workflows?
Answer: 

Technology gaps can lead to an unscalable reliance on time-consuming back-office processes, such as manual reconciliation and posting. Such processes can detract from a financial institution’s productivity, lead to data entry errors, and erode bottom-line performance.

Learn more about back-office transformation.

Vendor: 

Alogent provides proven, end-to-end check payment processing, digital, online, and mobile banking, and enterprise content and information management platforms to financial institutions. Our unique approach spans the complete transaction ecosystem —capturing and digitizing transaction data, exception tracking, and automating entire transaction and loan management workflows so that information is available across the enterprise.
www.alogent.com

marketing@alogent.com
+1-678-966-0844

First published on 03/19/2023

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