PEACHTREE CORNERS, Ga.–Alogent, a software provider in the banking and financial services market, has the acquisition of AccuSystems, a provider of document imaging and tracking software that enhances compliance, workflow management, and business process automation for financial institutions.
The company said the acquisition will pair two principals in the enterprise content and information management (ECM / EIM) market, strengthening its commitment to the industry and expanding the automation capabilities available to banks and credit unions of all asset sizes.
“Having a single, centralized data and document management platform with easy-to-use insights is becoming a prerequisite for financial institutions,” said Dede Wakefield, CEO of Alogent. “The addition of AccuSystems to our process automation suite allows us to extend workflow experiences to new market segments with complementary capabilities proven to drive higher asset growth, improved efficiencies and profitability for banks and credit unions.”
According to the company, institutions that embrace digital transformation solutions see enhanced account holder relationships because of reduced manual bottlenecks and faster access to business intelligence,” the company said.
“AccuSystems has always focused on streamlining difficult to manage processes and transforming them into intuitive, digital workflows,” said Alan Wooldridge, Founder & CEO of AccuSystems. “After a record year for AccuSystems, joining forces with Alogent means we can be more impactful on our mission by providing our clients with increased access to resources and an expanded banking ecosystem of solutions.”