Case Study: Lincoln Savings Bank achieves lean document management with Alogent AccuAccount

Lincoln Savings Bank scans its entire paper backlog in 1 year with Alogent

Lincoln Savings Bank, a community bank based in Reinbeck, Iowa, faced significant inefficiencies and rising costs due to its reliance on paper loan files. As a proponent of lean operations, the bank sought a document management solution to address these challenges and improve workflow. They partnered with vendor Alogent and selected its AccuAccount platform to modernize their processes.

Alogent's AccuAccount provided a lender-friendly system that streamlined back-end operations and visually appealed to the lending team. The bank implemented a strategic backlog scanning plan and used Alogent's tools to develop an in-house training program, ensuring a smooth transition. The results included a fully digitized backlog within a year, reduced audit costs, shorter closing times, and an improved customer experience. Lincoln Savings Bank credits the Alogent solution with supporting its growth and helping it stand out in its market.

Lincoln Savings Bank