Financial Industry Solutions

Policy Filing Solution (Insurance and Financial organizations)

Client's Agreement Filing Solution (Security and Stock Trading firms)

Industries Business Challenges

To cope with the large volume of clients' contracts, agreements, policies and claim application forms, financial organizations require large office storage spaces. Filing and searching hard copy documents have become time consuming manual operations in the office.

With ParaDM's automate electronic filing and searching system, financial businesses shall be able to manage all important paper documents with clients' signatures in a more effective way. Filing and searching can be performed in seconds.

How it works

Archiving

Hard copy documents with client signatures can be scanned into ParaDM's system by scanners with automatic document feeders or multi-function copiers.

All scanned documents are automatically filed to the system. At the same time, the system crops out all signatures from the scanned documents for future signature matching purpose.

Searching

Users can search for document by account number, customer name, application date, type of product, etc.

Also, users can retrieve stored client signatures for ongoing claims matching purposes.

Benefits

Instant retrieval - office operations such as document filing, searching, signature matching, can be done in seconds. The overall operational costs can be reduced.

Reduce Administration Costs - manual filing workload and large office storage spaces can be reduced to a minimal level.

Centralized information - a united and centralized filing system provides a reliable platform for managing the policies.

Reliable backup system - all documents and signatures are stored electronically which provides a better back up and disaster recovery for the company.