After weathering the global financial crisis, banks now forecast increased lending activity – and bluer skies. Yet this upturn brings a challenge: implementing workflow management that eliminates paper-based processes and the associated delays, errors and costs.
Nuance Document Finance Solutions can help automate your distributed offices and branches, improve efficiency and increase the number of loans processed by up to 50%. All while winning, satisfying and retaining customers.
Average net cost to originate a new loan – a 21% increase from 20131
Average time to close a loan2
Fewer than 1 in 5 branch banks scan loan-related paperwork into back-end electronic systems3
growth in private and business loans through 20124
1 Mortgage Bankers Association, Q1 2014
2 EllieMae Market Trends, Q1 2014
4 European Central Bank Facts & Figures, 2012
Nuance can help your financial institution transform business processes into a faster, more compliant and better customer experience. Our document print, capture and distribution solution is built to accelerate processing time, automate time-consuming, error-prone processes and improve your regulatory compliance efforts.
Nuance provides complete control of documents and information so you can feel secure in every step of every process. Here’s how:
Nuance Document Finance Solutions deliver seamless interoperability with your core banking systems, existing network systems and workflows – making adoption and use incredibly easy.
Nuance Document Finance Solutions can help address the challenges of manual and paper-based workflows – adding more security, more efficiency and more productivity across your organization.