The Penstream solution means all of the information captured on paper-based forms will be electronically transferred to you, in seconds. Faced with increasingly complex regulatory compliance procedures, many financial institutions and businesses are searching for ways to improve the efficiency of their data collection workflows. Eliminate lost or discarded paper new account applications. Whether your employees are processing loan applications or filing insurance claims, Penstream Solutions ensure that the data they gather will be as timely and accurate as possible. Digital Pen and Paper is used for new account enrollment, credit applications, mortgage origination, branch automation and customer self-service in the financial and insurance industry.
Mortgage and Assurance brokers – can fill out a fact-find form or application in front of the client and have their mortgage submitted and approved, while you are still in front of them. IFAs – can complete product application forms and have the information collected stored instantly within a database – no more retyping information. Training and Competence Supervisors – can shadow monitor personnel and submit the full outcome of the session to a database without having to retype the information.