ibml, a leader in information capture solutions for the enterprise, recently announced that it has deployed its intelligent data capture software and hardware at INTRUST Bank, a regional Midwestern bank. ibml's technology is helping INTRUST reduce costs, enhance customer service, and position itself for success against its competitors.
INTRUST selected the ibml intelligent data capture solution based on its automatic document feeder (which eliminates the need to "hand-drop" documents), left-justified scanning (which reduces document preparation), automatic out-sorting of documents based on pre-defined business rules, and its dynamic image enhancement software (which reduces the possibility of checks being rejected by the Federal Reserve Bank). INTRUST also was drawn to ibml's scalability for effectively managing spikes in transaction volumes - a key consideration in the lockbox processing market where backlogs can negatively impact a biller's working capital.
The low total cost of ownership of the ibml solution enabled INTRUST to purchase ibml's capture software and three ibml ImageTracDS 1085 desktop scanners for what it would have cost to purchase a single multifunction workstation from the bank's old technology provider. INTRUST installed one of the ImageTracDS 1085 scanners in its disaster recovery facility.
Since deploying the ibml solution, INTRUST has:
The ibml solution is so efficient at scanning full-page documents that INTRUST is considering scanning all full-page documents it receives on behalf of its clients as a value-added service.
INTRUST is leveraging the functionality, flexibility and efficiency of the ibml solution to centralize document scanning for the bank. The ibml solution initially will scan documents for the bank's private wealth management and retirement department before including other departments.
"After visiting with ibml and seeing its technology firsthand, we immediately knew ibml was the right choice," said Norma Estrada, item processing supervisor for lockbox and check processing at INTRUST. "ibml's technology improves our competitive position today and in the future."
"With the dynamics of check volumes and the increasing demands of customers, succeeding in the lockbox processing business is increasingly more challenging," said ibml CEO Derrick Murphy. "ibml's intelligent capture solution enabled INTRUST to reduce costs, improve customer service and provide a platform for new capture processes producing a win/win/win scenario."
ibml provides intelligent data capture solutions that eliminate content chaos. Our solutions automate the ingestion of paper and electronic documents from any source, in any format, classify and extract data based on business needs, purify information to reduce downstream exceptions, seamlessly deliver information to any downstream system or process, and manage processes in a single, secure environment. ibml's comprehensive solutions automate the most demanding document applications in banking, financial services, government, outsourcing and more. Every day, ibml customers around the globe rely on our technology to automate the capture and processing of millions of documents. For more information, visit www.ibml.com.