Memphis, Tenn. (Vocus) September 21, 2010
Banks can now become paper-free using electronic document management. Software Earnings, Inc., through an alliance with Bluepoint Solutions, offers a set of products for paperless banking that enables digital storage of all documents, front teller capture, and electronic receipt and signature capture. These solutions allow banks to go green by eliminating their paper use, while saving money in shredding and courier fees.
On average, office workers each waste about 1.5 pounds of paper every day(1). Finding an alternative to paper waste is essential for banks who want to make a positive impact on the environment. Software Earnings’ Paperless Bank™ solution set includes multiple products that work together to reduce waste while improving business.
FastDocs, an electronic document management solution, eliminates paper storage and increases document security. The product enables banks to store all customer and transaction information in one server, accessible by authorized persons from any computer in the branch. Employees can simply scan each document as they receive it and shred the original, halting paper trails before they begin. At any given time, all archived documents are available right at their fingertips. This system restricts access, allowing only those who have permission to view each document and preventing information from getting into the wrong hands. Since each employee can retrieve archived information from any computer, they no longer need to make paper copies of documents. This green solution drastically reduces paper use, cuts down on office space used for paper storage, and saves expenses in shredding fees.
ImagePoint Teller, a front teller capture solution, allows the front teller to begin deposit truncation while the customer is present. This creates a smoother, more constructive customer experience. Tellers can inform the customer face-to-face whether or not deposits are acceptable, rather than discovering problems later and taking steps to notify the customer. Front teller capture also lets tellers balance transactions as they receive them. This increases employee productivity, as tellers no longer have to devote time at the end of each day to transaction balancing. Since truncation takes place at the front teller, branches no longer have to deliver checks to the regional capture center, eliminating courier fees.
Receipt Manager and eSign & Capture make digital versions of transaction receipts and customer signatures, respectively. Tellers can compare customers’ signatures to their archived signatures, making each transaction more secure. By storing receipts electronically, banks can save paper and search through archived receipts using a convenient search engine.
“The paperless bank solution set gives banks the option of reducing paper waste while saving money and improving productivity. Banks can join the green movement while doing what is best for their company in terms of customer service and implementing a smarter business. Software Earnings customers have always trusted our company to deliver reliable, effective software, and now they can look to us for paperless bank products that are highly advanced and eco-friendly,” said Larry Thornton, president and CEO of Software Earnings.
Products within the paperless bank solution set are sold together or individually. Customers can select and buy only the solutions that best fit their bank. This purchasing arrangement allows banks to purchase solutions according to their needs and budget.
(1) Waste Management Think Green website http://www.thinkgreen.com/recycle-what-detail?sec=paper-and-cardboard∏=office-paper
About Software Earnings
Software Earnings, Inc. (SEI) specializes in providing financial institutions with leading-edge payments processing and document management solutions. SEI’s Payments Navigator provides consulting, applications, and installation resources to create a paperless bank. SEI solutions are designed to take banks to an optimum level of performance, efficiency and expense reduction. For over 22 years, Software Earnings’ innovative technologies have met the needs of the banking industry, impacting over 25 million items daily. For more information, visit http://www.SoftwareEarnings.com.