The efficiency of any operations department within financial services depends on workflow. Saving employees time and making the team more efficient through automation will enable a company to do more with less stress or frustration, especially when working remotely during the coronavirus crisis.
Efficiency leads to bigger bottom-line profits. To streamline work processes and improve workflow, a business has to assess the entire operation from top to bottom. Financial institutions have to evaluate the use of paper in the office, including how forms are used, processed and archived.
The financial services industry has to look for areas of improvement that move towards digitising manual processes and eliminating physical paperwork from order forms, onboarding documents and agreements.
Learn from Banco Santander and bookkeeping startup Xendoo on Foxit’s webinar on digitising paperwork during the coronavirus crisis and the challenges faced when working remotely. From scanning documents, using OCR to make it text scannable and searchable, to the issues people face when relying on paper located in the office.