Paperless Enterprise

Paperless Bank Software Overview

Do much more with what you have.

The retail branch: highly valuable, expensive to operate. Less than 15 percent of FIs are investing in new branches or redesigning existing ones. Instead, FIs need to make the existing retail branch network more efficient. Going paperless within the branch has become a key initiative—and WAUSAU has the scalable, modular solutions for getting there.

Twenty-three percent of FIs have no consistent audit trail. Seventeen percent of checking account fraud is driven by new accounts. Courier runs will cost the average bank $553K this year. Seventy-five percent of branches lack detailed workflow data, and 3 percent of all documents are lost, costing $120 per document. More than 50 percent of financial institutions in a recent Aite study reported that moving from paper to electronic processes is a top priority—yet some still fail to see many of the paperless opportunities. (What if you weren't printing documents in order to scan them, for example?) Our Paperless solution helps you leverage all of those opportunities, everywhere in the branch network—on top of your existing teller platform.