Optimize your bank operations with OnBase ECM

There are scores of transactional processes taking place at the same time in every financial Institution that could benefit from the streamlined efficiency OnBase creates. Account opening. Courier management. E-signatures. Fraud mitigation. Line-of-business integrations. Loan shipping. Wire transfer execution.

Using OnBase to manage these processes across departments and locations helps financial services organizations cut costs and save time. It also gives them one single reference point to consult across departments and processes. This makes it easier and more satisfying for customers to do business with them. 

OnBase also gives organizations increased transparency into documents, information and processes. Executives and managers gain improved visibility using a dashboard that presents an overview of critical information in one easy-to-read screen, so they see how processes are working in real time. 

Not only does it increase the ability to share information internally and externally, it also helps identify roadblocks and measure the effectiveness of processes. By measuring key performance indicators and process statistics, management optimizes processes, creating a competitive advantage in the marketplace.

Create consistency for account origination and management 

Paper-based processes slow new business and fail to capture critical information, but even banks doing business digitally can be at risk for slow-downs. Just because you can access customer data electronically or scan documents into line-of-business systems doesn’t mean your processes are efficient.

Instead of managing paperwork when opening new accounts or managing existing accounts, you simply capture data directly in OnBase, regardless of original format. Employees enter required information without leaving familiar applications and capture signatures digitally. That means employees never leave the customer’s sight or ask them to wait.

With OnBase, banks:

  • Reduce the overall processing time per transaction while increasing accuracy 
  • Create consistency in processes 
  • Gain increased visibility and transparency 
  • Protect against fraud and mitigate risks 
  • Enable straight-through processing and use E-signatures to increase speed

That optimization can be deployed departmentally or enterprise-wide, depending on needs and budgets.

And, with ShareBase by Hyland, you can share your account origination documents with customers to speed processing even further. The natural interaction between ShareBase and OnBase allows you to securely share those files automatically as part of the OnBase new account opening and maintenance processes with those who do not have access to your OnBase solution.