SAN DIEGO – A functional document management system can reduce operational costs by 20% and improve employee productivity by 30%.
Bluepoint Solutions President/CEO Hal Tilbury told Credit Union Times Best Practices Conference attendees these statistics yesterday afternoon, and said by his count, there are 2,000 dysfunctional document management systems being used by credit unions. They are not only inefficient and expensive, he said, but create a poor service environment for members.
Assigning the project to Information Technology staff is usually a credit union's first mistake. Tilbury said most IT departments are already overworked, and staff typically doesn't approach document management with an operational mindset.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.