Reduce Compliance Issues
69% of community banks still rely on manual exception tracking processes (such as spreadsheets or stand-alone ticklers). AccuAccount’s integrated approach allows your institution to easily manage exceptions for credit documents, loans, and accounts. Exceptions are cleared when a document arrives, a file is scanned in, or an expiration date is changed. Custom and policy exceptions can also be configured, helping your organization reduce compliance-related issues. The system’s document scheduling feature allows your financial institution to set up new documents with monthly, bi-monthly, semi-annual, and annual exceptions. This means that documents can be set to show up as an exception in the future (for example, title policies, deed of trust, etc). Reduce exceptions and increase customer satisfaction with AccuAccount’s built-in exception management feature.