The entire project will be implemented in stages, the first of which began last December with the installation of DocuTreev, a standard imaging application. Phase one will include capturing invoices for browser-based retrieval with phase two incorporating end-to-end invoice process automation through integration with the bank’s existing workflow system.
We have always believed that the effective utilization of technology can help improve operational efficiency, said Cindy Cindy Parker, senior vice president and IT Director at Sterling Savings Bank.
While we plan to streamline operations in our accounting and human resources departments in the short term, we expect the Deposit Solution to help us accommodate demands within our growing retail and delivery channel and the Lending Solution to aid us in managing increasing loan volume without the need to add staff.
The solution roll-out will continue in the first quarter of 2005 when the bank is expected to expand document imaging to the human resources department and install Treev’s Deposit Solution for the electronic management of signature cards and other deposit related documents. Integration to the bank’s S1 Zeus teller platform will provide tellers with access to signature card information and enable the bank to enhance security and compliance initiatives.
Later phases, scheduled for the second half of 2005, will include the implementation of Treev’s Report Manager for ERM and Treev’s Lending Solution for all consumer, commercial and installment loan documents.
