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Electronic Document Workflow in the Financial Industry

Are you looking to streamline your company’s processes in your company and reduce time spent handling daily documentation? Do you want the internal workflows to run more efficiently? With AMODIT’s electronic document workflow platform, you can easily manage business processes and tailor them to your needs.

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Who Benefits from EDW in the Financial Industry?

The AMODIT platform is designed for organizations that handle large volumes of documentation, such as loan applications, contracts, invoices, and financial statements. By implementing an electronic document workflow (EDW), you can accelerate customer service, improve communication, and streamline information flow between employees and departments.

Why Use EDW in the Financial Industry?

From loan agreements to accounting documents, consents, reports, and invoices, efficient document management in the financial industry has a direct impact on operational effectiveness. Many companies are moving to electronic workflows to increase productivity. Easy access to information and smoother communication between departments lead to time savings and greater efficiency.

Key Benefits of AMODIT’s EDW for Financial Companies

How will AMODIT streamline business processes in your company? Among the key benefits are:

Convenient Document Management

electronic workflow eliminates the need for manual filing and organizing of paper documents

Increased Work Efficiency

automating routine tasks related to manual data entry frees up valuable time for employees to focus on more important tasks

Cost Reduction

save on printing, postage, and physical storage of paper documents

Access Control and Security

AMODIT ensures that only authorized individuals can access sensitive documents, providing an extra layer of protection for confidential information

Additional Benefits for the Financial Industry

Easy Access to Essential Information

With AMODIT’s electronic archive, you can quickly retrieve any document, confident that it’s secure from unauthorized access. Registration is simple—just email the document or scan it into the system.

Quick and Accurate Invoice Data Capture

Automatically extract data from invoices to save time and reduce the errors that often occur with manual entry.

Flexible Document Approval Path

To streamline the internal process of invoice approval and annotation, invoices are automatically routed to the right people for approval, based on the rules and workflows you define.

Built-in Verification Tools

AMODIT’s system can verify if a contractor is an active VAT payer by checking the Ministry of Finance database or the VIES search engine during the invoice workflow process.

Process Automation

The system identifies the supplier of each invoice and routes it accordingly. Additionally, you can define workflows based on invoice amount or type (e.g., cost, correction, pro forma).

Integration with the National e-Invoice System

AMODIT offers an optional KSeF Connector web service, which integrates your ERP system with the National e-Invoice System. This allows you to send sales invoices directly to the Ministry of Finance and receive purchase invoices seamlessly.

Schedule a free consultation

with one of our specialists. We will guide you step by step on how to effectively optimize your financial area using AMODIT.

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