Financial Services
BCS Systems has worked to help our banking, insurance, money management and real estate clients navigate the highly regulated world of financial services. GDPR, PCI DSS, IDS, SOX, GLBA and an ever-growing list of regulations require deep integrations with transaction systems that require a high degree of security and compliance while remaining easy to use.
With our iConnect™ Suite of solutions we can help ingest hundreds of millions of objects and make them available to the necessary employees for further processing all while remaining secure and compliant without overburdening knowledge workers and legal staff.
Typical Pain Points:
- Falling behind in daily work (claims, cases, etc.), churn, abandonment
- Cannot hire /retain enough knowledge workers to keep up
- Documents handled manually, mailed in, or lost
- Sole copy/original documents kept in employee desks or filing cabinets
- Routing documents internally using physical file folders – even email
- Printing, then scanning in documents OR scanning at end of process instead of upon arrival in the organization
- Dedicated document scanning department
- “Stare and Compare” / many manual reviews & “touch points”
- Errors in approvals/denials, non-compliance w/ SOPs
- Limited process visibility and productivity measures
- Same data entered in multiple systems
- Customers and Users cannot work remotely
- Difficulty integrating Content w/ business applications
BCS Areas of Expertise:
- Policy management
- Claims management
- Underwriting
- Portal integration
- Client self-service
- Real estate
- Fraud Investigations Case Management
- Loan application and approval
- Mobile capture
- Human capital management
- Employee onboarding / employee life cycle process orchestration
- HCM platform integration
- Financial process automation
- Accounts payable transaction automation
- Integration with multiple financial systems
- Vendor / customer onboarding and ongoing compliance
- Corporate Legal
- Compliance
- Corporate records