Case Study: a large scale bank reduces labour and shipping costs with XBP Global's IntelliScan XDS5 Scanner

Large Scale Bank cuts labour and shipping costs with XBP Global, scanning 9 million pages monthly

A large bank sought to digitize its physical archive of original mortgage documents to mitigate the risks of manual handling, such as loss or misfiling. The client also needed to fulfill investor requests for document samples without incurring shipping risks or losing access to the originals, aiming to reduce labor costs and create a new digital revenue stream. XBP Global was engaged to address these challenges with its IntelliScan XDS5 scanners.

The solution involved deploying eight IntelliScan XDS5 scanners across two of the client's sites for secure, in-house high-volume document capture. XBP Global integrated the scanners into the bank's workflows and optimized performance. This automation reduced labor and shipping costs, enabled a monthly scanning volume of 9 million pages, and opened a new revenue stream by selling electronic copies to investors. XBP Global's implementation also provided the client with a reliable digital audit trail for its original documents.