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Decision Support Module Added to ImageSoft Suite of Applications.


MAITLAND, Fla.--(BUSINESS WIRE)--July 14, 1997--

Image-enabled Corporate Products Represent Next Generation in Imaging

ImageSoft Technologies, a business solution of Fiserv, Inc., announced today the availability of Decision Support, an addition to the company's image-based suite of software applications serving the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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 industry.

The Decision Support application enables financial institutions -- and their corporate customers -- to make pay/return decisions on exception items of virtually any type, using imaging technology to support and enhance the process. As a result of this built-in flexibility, institutions will find a wide variety of applications for this image-enabling strategy. These range from enhancing the internal exception item workflow to the delivery of image-based products to corporate cash management customers for on-line, remote decision-making.

"This image-enabled module empowers our clients by providing a more streamlined work flow, greater speed, convenience and accuracy of information that only imaging can provide. This has ramifications ramifications nplAuswirkungen pl  for every area of a bank's cash management operations," said Ron Thompson Ron Thompson (born 20 November 1966) is an American politician from the state of West Virginia. A Democrat, he served as a member of the West Virginia House of Delegates from 1994 to 2007, representing the state's 27th District in Raleigh County. , vice president of business development for ImageSoft Technologies.

Decision Support has been designed to offer the added benefits of image technology to several key cash management products -- such as Positive Pay, Controlled Disbursements, High Dollar Review and Payable Through Drafts -- typically offered to corporate clients.

Clearly, one of the greatest benefits provided by this application is derived from ImageSoft's internal design approach, which created a universal Decision Support capability rather than a series of individual point products. This means ImageSoft can deploy a single, enterprise-wide module to address many distinct product offerings.

The overarching o·ver·arch·ing  
adj.
1. Forming an arch overhead or above: overarching branches.

2. Extending over or throughout: "I am not sure whether the missing ingredient . . .
 nature of this image-enable application for Decision Support allows ImageSoft customers to link together all cash management applications under one imaging architecture and one client workstation format. This creates a consistent interface for all exception item functions, resulting in greater ease-of-use, operational efficiencies and cost savings.

Further, these new capabilities enhance the performance of financial institutions in a number of ways, including increasing fee income, reducing exposure to fraud and improving their ability to attract new customers, Thompson said.

"The added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:

Added Value = Sales - Purchases - Labour Costs - Capital Costs
 of incorporating image into the pay/return process provides for faster results and, therefore, more timely decisions, improved customer service and accessibility from any location. This all adds up to reduced exposure to fraud and increased customer demand for the product," Thompson said.

Operating as an integrated component of ImageSoft's Image and Document Management architecture, Decision Support utilizes several other ImageSoft applications to ensure a reliable end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved.

Compare: turn-key solution.
. These include Image Archive as the enterprise-wide repository for images of checks and other documents. Add to this Image Library as the Windows-based workstation software component that presents data and images to the customer for decision-making. To further automate the process, workflow and data formats are provided to interface Decision Support to the banks' existing exception and return item systems.

ImageSoft Technologies, based in Maitland, Florida Maitland is a city in Orange County, Florida, United States. The population was 12,019 at the 2000 census. As of 2006, the population recorded by the U.S. Census Bureau is 14,172[1]. , has been providing imaging solutions to the financial services industry since 1989. The company has maintained industry leadership by building dynamic, real-world imaging solutions for financial services organizations of all sizes, including banks, thrifts, credit unions, brokerage and mutual fund companies, and service bureaus. ImageSoft's software is currently in use by hundreds of financial institutions and other businesses in the U.S. and abroad.

Fiserv, Inc. is an independent provider of technology solutions and related information management services and products to more than 5,000 banks, credit unions, mortgage companies, and savings institutions worldwide. A publicly held company headquartered in Brookfield, Wisconsin
See also: Brookfield (town), Wisconsin


Brookfield is a city in Waukesha County, Wisconsin, United States. The population was 38,649 at the 2000 census, but the city's population recently exceeded 40,000 people.
, Fiserv is traded on the NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 over-the-counter market over-the-counter market

Trading in stocks and bonds that does not take place on stock exchanges. Such trading occurs most often in the U.S., where requirements for listing stocks on the exchanges are strict.
 under the symbol FISV FISV Fiserv, Inc (stock symbol) .

CONTACT: ImageSoft Technologies

Ken Kundis, 407/667-3847
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 14, 1997
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