DOCUMENT MANAGEMENT SYSTEM FOR
Banking Industry
Digitise your banking document operations and improve the efficiency and productivity of your branch through document workflow automation. EisenVault document management software reduces the time spent on a bank's documentation processes; it is designed to streamline storing, organising and accessing customer information, financial records, employee information and much more. In addition, EisenVault Banking EDMS software ensures quality and improves customer satisfaction by enforcing all compliances. Eliminate unnecessary hassles and ensure your operations remain compliant with EisenVault - the leading financial document management software for bankers. Provide strong data protection with security features such as version control and security protocol enforcement.
Need For Banking Document Management
System Software
Banking firms require a huge amount of documents for their business operations, including a wide range of sensitive documents such as customer information, loan applications, financial reports, and legal contracts. However, manually managing and organising these documents can be time-consuming, costly, prone to human errors, and pose a security risk. Failure to manage banking documents can lead to compliance issues, legal liabilities, and damage to the firm's reputation. A dedicated banking document management system lets banking firms digitally capture and store documents in a centralised pool, ensuring easy access, efficient retrieval, and enhanced security. The right document management software is a crucial tool for any banking institution. EisenVault"s Banking DMS System offers banking institutions a dedicated solution with features like access control, version control, and audit trails that help maintain compliance. Our bank document management system ensures that only authorised personnel have access to essential documents, and any changes or actions taken on the documents can be easily traced. Make information sharing seamless and streamline document-intensive processes between teams and departments within your banking organisations with EisenVault. Eliminate the need for physical storage space and access documents from anywhere at any time with cloud-based DMS software and accelerate customer service.
What are the main types of Banking Documents that DMS helps manage
Facility Letters
The facility letter outlines the terms and conditions of the loan or credit facility extended by the bank to the borrower. It includes details like loan amount, repayment schedule, interest rate and collateral required.
Facility Letters
Term Sheets
The term sheet contains vital terms & conditions of the proposed financial transaction, such as interest rates, repayment terms, collateral and other important loan or investment details.
Term Sheets
Commercial Credit Document
With the help of a commercial credit document, financial institutions can assess the creditworthiness of the business of those applying for loans or credits. It includes loan agreements, promissory notes and other documents related to commercial lending activities.
Commercial Credit Document
Mortgage Documents
Mortgage documents include legal documents related to mortgage loans, such as mortgage agreements, promissory notes, trust deeds, mortgage loan terms & any collateral or property used as security.
Mortgage Documents
Lease Agreement
It is a legal contract containing the terms & conditions related to renting a property, such as documents related to rent, maintenance responsibilities, lease terms, and the leased property.
Lease Agreement
Instruction Sheet
An instruction sheet is a concise set of documents related to account opening, loan disbursement, fund transfer, and other banking-related activities.
Instruction Sheet
Guarantee & Security Documentation
Guarantee and security documentation refers to banking legal agreements or contracts containing the terms of a guarantee or security a lender provides to a borrower. It includes documents such as guarantee agreements and security instruments such as pledges, liens, and mortgages.
Guarantee & Security Documentation
Customer Credit Documentation
Customer credit documentation includes credit application forms, financial statements, credit reports, tax returns, bank statements, identification documents, and other relevant documents.
Customer Credit Documentation
Key Features of Cloud-Based Document Management System For the Banking Industry
By adopting a centralised, data-driven approach to manage the performance and risk of financial institutions, migrate to EisenVault. It reduces costs and losses resulting from human error, codifies best practices and complies with regulations.
Efficient indexing and tagging of documents based on metadata or keywords such as customer name, account number, date, document type and other relevant information. This makes it easy to search and retrieve important documents or files at the time of need.
Document Indexing and Metadata
Document Indexing and Metadata
Efficient indexing and tagging of documents based on....
Document Search and Retrieval
EisenVault's DMS System advanced search capabilities allow users to find and retrieve documents using keywords, metadata, or full-text search. Quickly and accurately retrieve documents from anywhere, anytime, save time and increase productivity.
Document Search and Retrieval
EisenVault's DMS System advanced search capabilities allow ...
EisenVault's web based DMS version control feature helps banking firms maintain a version history of each document. Easily track document changes through an electronic audit trail and fix accountability. This feature ensures the integrity and compliance of documents.
Version Control and Audit Trail
Version Control and Audit Trail
EisenVault's web based DMS version control feature helps banking...
Workflow Automation
Our banking document management system automates document operations and workflows such as account opening, loan approval, compliance checks, document review cycles, etc. Streamline document processing with workflow automation, reducing the likelihood of manual errors and improving efficiency.
Workflow Automation
Our banking document management system automates...
Our banking document management software allows users to simultaneously work on documents from anywhere, leave comments, and annotate, improving seamless collaboration between departments and employees.
Collaboration and Annotations
Collaboration and Annotations
Our banking document management software allows users...
Simplify banking document workflow with EisenVault's e-signature feature. Verify, sign and store documents digitally to streamline processes and ensure legal compliance for efficient banking operations.
E-signature
E-signature
Simplify banking document workflow with EisenVault's...
Regulatory Compliance
The compliance feature of our Banking document management systems helps banks comply with regulations and standards such as KYC requirements, data protection laws and Anti-Money Laundering (AML). It also includes audit trails and automated document retention policies.
Regulatory Compliance
The compliance feature of our Banking document...
Reporting and Analytics
Our Banking DMS solution's comprehensive reporting and analytics capabilities provide insights into user activity, document-related KPIs, document usage and compliance metrics. It helps banking firms to identify bottlenecks, monitor performance and make data-driven decisions.
Reporting and Analytics
Our Banking DMS solution's comprehensive reporting...
Advantages of EisenVault Banking Document Management Software
WHY CHOOSE US?
Streamline banking operations with EisenVault's Banking document management systems, including approval processes and greater control over data, and save significant time and money. As a result, banking firms around the world, large and small, rely on EisenVault to save significant time and money.
Regulatory Compliance
Our banking document management system best helps banking and financial institutions with regulatory compliance by electronically storing and organising documents. This makes it easier for banks to access or retrieve documents when needed and helps ensure that only authorised personnel have access to sensitive information.
Regulatory Compliance
Instant Access To Documents
EisenVault DMS systems support quick search and retrieval of documents and records at the time of need. It also comes with full-text search features that allow users to search for documents by keywords or metadata. With our cloud document management software, ensure secure access to data from anywhere, anytime.
Instant Access To Documents
Reduce Operational Costs
Our banking file management software helps banking firms save significant money by eliminating the need for paper storage space, which can be costly. Automating manual tasks such as document scanning and indexing with the right document management system saves time to complete tasks.
Reduce Operational Costs
Robust security for Sensitive Data
Our eDMS software supports robust data security features such as access control, encryption and audit trails to prevent banking firms from unauthorised access to sensitive customer information.
Robust security for Sensitive Data
Improved Customer Service
EisenVault's bank document management software helps in better customer service. Banking staff can reduce response time and enhance customer experience by providing accurate and timely information by ensuring quick access to customer information.
Improved Customer Service
Better Workflow and Collaboration
Our online document storage system allows bank employees to access and work on documents simultaneously, improving your branch's overall efficiency by reducing bottlenecks and increasing productivity with streamlined workflows.
Better Workflow and Collaboration
Version Control & Document Tracking
Our electronic document management solution maintains a complete version history of each document for long periods, enabling users to easily track document changes and compare and revert to previous versions when necessary.
Version Control & Document Tracking
Scalability and Integration
EisenVault can integrate seamlessly with other banking systems, such as core banking platforms or customer relationship management (CRM) systems, enabling seamless information exchange and process integration.
Scalability and Integration
Document Management Case Studies In The
HR Industry
CASE STUDIES
Transform your HR operations with EisenVault's HR EDMS.
HR Document Management Case Study – Luminous Power Technologies Situation
Luminous had thousands of employee files in hard copy, stored in physical storage across multiple office locations in India. However, the client wanted a better solution for storing files online and running compliance reports.
Action
EisenVault had all files scanned, categorised and tagged. Then, files were uploaded into employee folders in the EisenVault Cloud DMS. A custom report was built which showed compliance - i.e. Which documents are present and missing for which employee ID.
EisenVault has custom solutions for HR professionals, including reports, management dashboards, integrations with third-party HRMS software and scanning solutions.
EisenVault Document Management Software For Other Industries
Document Management System For Engineering Industry
Document management solutions help to organise and manage document operations in the engineering industry efficiently. Timely completion of projects in the engineering industry is already an onerous task, and on top of that, maintaining work efficiency with documents such as CAD files, engineer design blueprints, regulatory permissions, project plans, technical documents, proposals, invoices etc., and Collaborating can seem like a never-ending loop. EisenVault document management software is an easy, fast and error-free way to manage engineering documents more efficiently. Automate your document handling with precise categorisation, enhanced security, faster searching, and an audit trail.
