There may be no other industry that could benefit more from automation than the mortgage banking industry. This industry is full of time-consuming, error-prone, and paper and labor-intensive processes, all perfectly-suited for automation. And with huge volumes of loans being generated each year (nearly 5 million new consumer mortgages alone), it may soon become impossible to move forward without the use of automation.
The concept of a digital mailroom has been around a while. The idea is pretty simple - all incoming mail is scanned on entry and delivered electronically to the appropriate department or process. In reality, only mail with business value is likely to be processed. This will predominantly be documents with a structure such as forms, orders, invoices, delivery dockets, and vouchers.
Making an ECM implementation successful requires planning and attention to detail. The best way to create the right solution is to identify organizational goals and priorities. Learn how to manage a successful implementation in our free guide.
Many of us find ourselves working from home – often rather suddenly and unexpectedly. Organizations of all sizes and in all industries are now in the position of figuring out how to ensure that the business of the business continues while staff stay home and practice effective social distancing. The good news is that the technology needed for effective working from home exists and is generally mature – though some providers have found that the sudden surge in volume can cause issues with particular solutions or capabilities.
For many across the globe, limiting their human contact, the home has become…well, home base for just about everything. Folks are taking advantage of virtual meeting software like GoToMeeting and Zoom to video chat with friends, host virtual dinner parties, and even play board games! And that’s just in our personal lives. In our work lives, companies are piecing together Digital Workplace strategies to allow their employees to work from home. Today, workers everywhere are booting up their laptops at kitchen tables and temporary home offices – many for the very first time. And with this change comes some new challenges like – deciding where in your home you should work from, how to deal with the new distractions, and more. Here at AIIM, remote working has been a priority of ours for many years now, and our staff has experienced it all when it comes to working from home. So, we thought we’d gather our best WFH tips for those newly remote workers.
It seems like everyone is talking about coronavirus: what it means to the global and local economies, how it impacts different industries, even how to make your own hand sanitizer to combat it. One of the key approaches many organizations are taking is to minimize sustained contact with large groups of people. This has led to the cancellation of numerous conferences and other events; many schools and universities are asking students to stay home and participate remotely.
The dream of going paperless has been on the minds of businesses of all sizes and industries for years. The idea is simple - minimize the use of paper to reduce costs and carbon footprint while at the same time increasing operating efficiencies and profitability. But just because a concept is simple doesn’t mean it’s easy to implement. And so for many, the dream of a paperless office continues to be just that…a dream.