EquiPro Investments saves 400 man-hours YTD with DocuWare!
With 15 years in operation and $13 billion purchases in asset receivables, EquiPro is an investment firm that works with vendors in recovering credit card debt. When the company’s old software became too slow to handle the volume of transactions, EquiPro looked for a new solution. “For us, speed is the main improvement. We were able to focus our employee resources on other issues. When it comes to dealing with document distribution, we achieved about 50 percent savings in man-hours,” says Leo Seicshnaydre, Senior Data Analyst.
Their DocuWare solution keeps track of and assigns access privileges to all documents related to EqipPro’s account acquisitions, processing and distribution to vendors.
Additional DocuWare benefits include:
- Achieved secure storage and access of 2.7 million documents in one central database
- Quickly and accurately distribute documents to vendors; vendors’ document access rights are stored in the company’s SQL database which DocuWare retrieves details from and assigns accordingly
- Saved a large amount of manual labor; currently save about 6 man-hours per week, totaling 400 man-hours to date
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