Wednesday, August 21, 2013

Business Process Solutions - Problem/Solution

The Problem: 
In today's economy companies are looking to their finance function for insights that will drive business improvement. Telamon's Business Process Solutions division has the next-generation approach to help. Recently, a well-known bank in the Midwest approached Telamon looking for a more efficient method to organize and centralize storage retrieval of bank signature cards (the account holder's signature) across multiple bank locations.

The Solution:
Only the signature area from a document is captured and clipped as an image file and appears as a field, not a scan of the entire bank signature card document. Next, the account holder's details, account number and branch identification number are indexed into the cloud-based document management system. Telamon also audits and reports back to bank managers any bank signature cards that are missing signatures so they can follow-up. Because the solution doesn't capture the entire document and only the signature area, uploading and scrolling the entire document to locate the account holder's signature has been eliminated. The search and validation process is now much more efficient - saving significant time and cutting costs! 

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