FCS Financial Saves Ten Percent on Loan Processing Costs Using eCopy ShareScan from Nuance
FCS Financial Uses eCopy to Automatically Turn Paper into Automated Digital Information, Increasing Business Opportunities without Increasing Staffing Levels
BURLINGTON, Mass., July 28, 2010 – Nuance
Communications, Inc., a leading provider of speech and imaging solutions,
today announced FCS Financial uses Nuance eCopy ShareScan to automate
their loan processing documents, using the solution to automatically
turn paper into digital information. eCopy ShareScan is the best-selling
software solution for automating document workflows from multifunction
printers (MFP) and network scanners.
FCS Financial provides credit and financial services to agricultural producers,
rural residents and agribusinesses in Missouri and has deployed eCopy
ShareScan in all 30 of its offices. The software helps enable FCS Financial
to replace manual paper processes with digital document workflows.
With eCopy ShareScan, FCS Financial personnel take incoming documents
for loan applications and scan them into PDF files to create electronic
workflows. FCS Financial can access scanned documents from Microsoft
SharePoint and CRM to drive business processes. After scanning, documents
are returned to customers or discarded, reducing internal hardcopy storage
needs.
“Through the use of eCopy, our business has averaged double digit
annual growth rates over the last eight years without adding headcount,
something we could not have accomplished if our loan processes depended
on hardcopy and fax documents,” said Dennis Risinger, CIO at FCS
Financial. “Better still, eCopy ShareScan has generated cost savings
of ten percent in our loan processing operations and created a 25 percent
reduction in time involved to process a loan by enabling us to work in
a paperless office environment.”
eCopy ShareScan provides one-button integration with Microsoft Office
and Outlook, and the company’s content management repository, allowing
documents to be scanned directly to those applications from an MFP or
scanner. With eCopy ShareScan, users are authenticated at the document
capture device leveraging FCS Financial’s existing security infrastructure
via Microsoft Active Directory.
“eCopy ShareScan provides a consistent, simple-to-use interface
on all our scanning devices, so no matter which office FCS employees
are working from, they have a standardized way to scan information to
document management, fax and Microsoft applications,” said Risinger.
Working in a paperless office environment has improved document accessibility
and customer services. FCS Financial has a highly mobile workforce – more
than 60 percent of workers regularly access information from remote locations
using Microsoft Remote Desktop. Working with PDF files allows them to
pull up relevant documents very quickly even when working from outside
the office.
“eCopy ShareScan has helped us stay relevant in a highly competitive
market from a customer service perspective. Our loan officers are more
mobile than ever and can access all the information they need – wherever
they are – when meeting customers. This is invaluable to our business,” said
Risinger.
More information on the full range of eCopy network scanning solutions
from Nuance can be found at http://www.ecopy.com.
Nuance Communications, Inc.
Nuance Communications, Inc. is a leading provider of speech and imaging
solutions for businesses and consumers around the world. Its technologies,
applications and services make the user experience more compelling by
transforming the way people interact with information and how they create,
share and use documents. Every day, millions of users and thousands of
businesses experience Nuance’s proven applications. For more information,
please visit www.nuance.com.
Trademark reference: Nuance, the Nuance logo, eCopy, and ShareScan are
registered trademarks or trademarks of Nuance Communications, Inc. or its
affiliates in the United States and/or other countries. All other company
names or product names referenced herein may be the property of their respective
owners.
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