Finance & Accounting tasks like Accounts Payable and Accounts Receivable are notoriously paper-intensive and maintaining control over all document-based financial information is critical for process efficiency and compliance. Document Management solutions from DataBank will allow you to capture and control all transactions and supporting information regardless of their original format--paper, e-mail, office/electronic documents, etc.—enjoying secure, on-demand access to any desired document.
When financial records are captured and managed in a central electronic repository like our DataBank Online Services, customers cost-effectively fulfill common requirements for compliance — data integrity, confidentiality and accessibility, critical for satisfying provisions of Sarbanes-Oxley and other demands.
In addition to providing an effective archive and achieving compliance initiatives, our offerings empower organizations to manage and move documents throughout the enterprise electronically, regardless of location. With workflow, documents are delivered to users based upon established business rules, thereby automating previously manual paper-centric processes. When the previous manual tasks (physical filing, copying, tracking down paperwork, etc.) are eliminated from the work process, employees are freed to spend time in functions that contribute more value to the business.
Solutions for managing document based information and automating paper-centric business processes in Finance & Accounting offered by DataBank allow organizations to reduce cost and achieve objectives by
- Reducing cycle times with automatic content-centric processing
- Ensuring complete information and accuracy for improved vendor and customer relationships
- Integrating with other applications for simpler retrieval of documents
- Reducing storage costs with a central electronic repository
- Mitigating risk with automatic audit trails, document histories and records management
DataBank provides document scanning, hosting services and complete installation of Electronic Content Management (ECM) to support Finance & Accounting applications. Because our outsourced offerings allow you to deploy rapidly your savings toward return on your investment begin immediately. Regardless of the size of your organization, we are able to customize a solution that’s right for you. This may include:
- Discovery and Design
- Document preparation and handling (mail or files)
- Document Scanning
- Document Indexing
- DataBank Online Services (Document Hosting)
- Image-enabled Workflow
- Integrating images with existing business systems
- Imaging system installation ( OnBase, PaperVision)
Contact a DataBank Expert
To learn more on how DataBank can help you manage your documents more efficiently, lower your operating costs, and improve your organization’s access to information in a highly secure environment, contact us today.