Ramsey, NJ – July 29, 2014 – Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta) today announces a new automated workflow solution to help financial providers securely capture, process, and distribute financial documents with ease while meeting regulatory demands. Part of Konica Minolta’s EnvisionIT Finance solution portfolio, Dispatcher Phoenix Finance helps banks, financial institutions and accounting departments streamline paper-based document processes to reduce costs, increase efficiency and improve access to information.
“Delivering solutions that become an extension to our customers business is key when introducing new products that are relevant today. The security around information is a top concern for all businesses – especially for those businesses that deal with financial statements or client information,” says Sam Errigo, senior vice president, Business Intelligence Services, Konica Minolta Business Solutions U.S.A., Inc. “With Dispatcher Phoenix Finance, our customers have an integrated document capture and distribution solution that automates financial document workflows and helps safeguard financial information.”
Dispatcher Phoenix Finance integrates directly into the Konica Minolta bizhub MFP control panel and offers file conversion, barcode processing, zonal OCR, integration with content management systems and cloud-based storage providers, making it easy to automate financial document processes. With Dispatcher Phoenix Finance, administrators will be able to:
- Secure Personal Identifiable Information (PII) and financial information – Dispatcher Phoenix Finance includes file conversion to PDF/A features for archiving, intelligent redaction, automatic file conversion to password-protected PDFs, and direct integration with Active Directory.
- Automate manual paper-based processes – Streamline time-consuming manual processes, including renaming, splitting, routing, converting, and indexing files, with just a touch of a button.
- Access information quickly - Loan packages, appraisals, credit applications, insurance claims, etc. can be easily converted to a large variety of Microsoft Office formats, such as Excel and Word, and Searchable PDF format for quick accessibility of important information.
- Scan to secure folder or content management system – Dispatcher Phoenix Finance includes a connector to Microsoft SharePoint that allows you to scan, index, and route files to SharePoint either from the MFP control panel or via an automated workflow. In addition, files can be automatically distributed to various destinations at the same time, such as email recipients, network folders, FTP servers, and more.
- Leverage barcode and OCR technology for improved data processing – To improve the management of financial records, Dispatcher Phoenix’s barcode recognition feature allows documents to be automatically routed to various destinations based on barcode values. And powerful zonal OCR capabilities allow financial providers to automatically extract relevant data for use in back-end systems.