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The Importance of ECM's in Banks

3/20/2019

Enterprise Content Management (ECM) can be an effective tool for financial institutions’ overall progress and success. ECM's help banks and other financial institutions in addressing common problems associated with business processes, including manual processing, disorganization of data and documents, and the burden associated with larger amounts of paper.

Importance of ECM in Banks
When an ECM solution is implemented in corporations it enhances customer service, compliance, productivity, while increasing ROI. If all the crucial data and documents are intelligently linked with relevant processes and people, ECM solution can help in easily connecting with employees by giving them the information they require.

When bank use a FileBankINC ECM they make an investment in their operations and overall strategies that can help in maximizing and benefiting greatly from that investment. This is especially true when it is integrated with business processes and other applications.

Following are some tips for banks to utilize ECM to its fullest advantage:

Uploading Clients Documentation

Client portals can be utilized to assist clients and their advisers to safely and securely upload and share documentation.

Automated Recognition

Documents can be segmented into categories that can help in creating a recognition system over time. This can help banks reduce the time consumed and providing faster services to their clients.

Document Management

All documents should be uploaded in the system that is shareable. This means all bank officials can easily access the database to find the appropriate document when and as required to help the clients.

Improved Workflow

Managers and leaders should utilize this system to automate the process throughout the product lines and ease their management. This ensures a digital environment which reduces the paper based methods.

Management of Electronic Records

The ECM’s storage and records management capabilities should be utilized to enforce disposition and retention of electronic documentation.

For more information about FileBankINC's Enterprise Content Management solutions, and how to go paperless, contact us at info@filebankinc.com.

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ECM In The Healthcare Industry

3/14/2019

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The need for technology is growing everywhere. We are observing a growing need for more efficient healthcare and hospitals throughout the world. To offer high-quality healthcare services to a wide variety of patients, hospitals need to invest in the latest technology, and this is where Enterprise Content Management (ECM) comes in.

Safety of Patient's Records
If you want to keep your patient's records safe and secure, then an ECM is a must. You will certainly benefit in a myriad of ways from using an ECM in the healthcare industry.
Too much dependence on paperwork and manual procedures of safekeeping medical records will expose confidential information to a variety of risks. Protect patients' records and confidential information from misuse and abuse; having an ECM will prevent cases of fraud and theft of confidential patients' information.
It would be wise for businesses in the healthcare industry to be up to date with the latest technology, such as an ECM, that can help them protect their medical records.

Better Operations
The healthcare industry must constantly upscale methods by adopting changes to better its operations and business processes. More and more hospitals rely on electronic health records and digital results. Checking one patient often involves using several documents at once.

Dealing with the patients' medical history, medical records, treatment history, treatment duration, changes in treatment procedures, and other particulars can be a taxing encounter.

Having ECM in the healthcare industry streamlines everything. Whether you want to manage documents, save them, or fetch them from old records, ECM is the best solution that can allow you to keep all documents under control.

Better Management
Having ECM at a hospital facilitates safe and secure migration of paper-based medical records to digital form. It assists in sorting and filing each and every document related to a particular patient.

Hospitals using ECM as a solution enjoy better document searching capabilities, dependability, and easy retrieval of medical records.

An secure ECM allows only certain employees to access a patient’s medical records and history. The hospital can restrict access to confidential data and information and only allow specific members to access confidential documents.

Moreover, patient billing is a complex task on its own. An ECM solution makes procedures and processes easy, and allows coding and billing to become more efficient. An ECM solution organizes and keeps track of a patient's treatment progress. A hospital can make sure its records are kept and maintained securely and accurately with the help of ECM.

Conclusion
When you have ECM in the healthcare industry, hospitals can easily distribute medical records for authentication and verify them. Medical records can be received in accordance with the special requirements and regulations. With the help of a FileBankINC ECM, any patient's data can be uploaded to the ECM directly, eradicating human errors.

Want to know more? Let's us know. Contact us at info@filebankinc.com

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The Importance of ECM's in Banks

ECM In The Healthcare Industry

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