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Tracking Verification Forms

Question: 
How do financial institutions track verification of income and deposit forms?
Answer: 

Verification of income and deposit forms are commonly managed in hard copy format. Printed documents that are mailed from one location to another can be difficult to track. Tracking the generation, distribution, and collection of verification forms can be done in spreadsheets or in a core-provided tracking module. To streamline exception reporting, some banks opt for document management software that offers advanced exception tracking capabilities.

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Read more about the verification forms.

Vendor: 

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 12/19/2021

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