ReadSoft partners with Dinero Solutions to expand North American coverage of Oracle Accounts Payable Market (25 Aug)

Interim Report January-June 2008 (12 Aug)

ReadSoft delivers census software to Ecuador (17 Jul)

 


Events:

- Avanquest Customer events
- Avanquest Partner events
- Post-Expo 2008
- Oracle seminars
- SAP webinars
- SAP seminars

 



 

 

 

ReadSoft business solution for Retail Banking 

Automate key retail banking document workflow processes -
in one platform

With multiple product areas - including cheque accounts, loans, savings and investments, credit cards and mortgages - retail banks have a myriad of complex processes and relevant forms and documents. They include:

  • structured documents (such as application forms)

  • semi-structured documents (such as standing orders, change of address)

  • unstructured documents (such as correspondence)

ReadSoft's business solution for Retail Banking automates these processes and documents - in a single platform. It's an enterprise-level automated solution that enables inbound information to be captured, classified, indexed and routed to the appropriate department or personnel - reducing or eliminating complex workflow/approval processes.

Built on the proven reputation of the ReadSoft DOCUMENTS platform, our solution leverages our extensive experience of working with leading retail banks, helping them to achieve:

  • increased efficiency

  • significant cost savings

  • regulatory compliance

Our solution for Retail Banking automates the processing of documents in the following key areas:

Product Areas Processes Example documents *
Mortgages - Applications -

  new/existing

- Completions
- Statements
- Account Administration

- Application forms (S)
- Statements (SS)
- Certificate of Title (SS)
- Payslips (S)
- P60s (S)
- Proof of Identity (SS
- Correspondence (SS/US)
- Proof of Address (SS)
- Death Certificate (SS)
- Court Certificates (SS)
- Cheques (SS)
- Replacement Cards (S/SS
- PIN orders (S/SS)
- Standing Orders –
  new/cancel/amend (S/SS
- Account opening -
  closure/transfer (SS/US
- Change of Address (SS/US)
- Direct Debits (SS)
- Signature Capture (US)


 

Loans

 

 

- Bonds – 
  Capital/Equity/Maturity
- Personal Loan
- Account Administration

Savings &
Investments

 

 

- ISAs
- Trackers
- Cheque/Remittance
  processing
- Notification of Death
- Statements
- Account Administration

Credit cards

 

 

- Applications
- Account Administration
- Statements

Cheque accounts

 

- Applications
- Statements
- Account Administration
* Structured (S), Semi-structured (SS), Unstructured (US)
 

More about our success within in retail banking:

Bank of Ireland Read how invoice processing efficiency increased by over 20 percent'
Brown Shipley How ReadSoft automated invoice processing at a leading private bank
Abbey National Bank, UK Processes some 400,000 documents per year with ReadSoft software.
HSBC, UK Has processed application forms automatically since 1997.
ING, UK Processes application forms
Wachovia Bank, USA Captures incoming data from paper, fax and internet
SEB, Sweden Use ReadSoft software to handle their invoices

 

 
 

Do you want more information about Document Automation in retail banking? Use our contact form >>