Banking Solutions. Management of Holdings

For the banking sector, SGAIM implements an automation service for the documental information generated in the management of Holdings, optimising the response time, productivity and saving costs.

As an outsourcing company, SGAIM makes a wide variety of solutions available to Financial Institutions. The National Electronic Clearing System (SNCE) together with the Bank of Spain, allow the traditional processing of paper documents to be replaced by the scanning of these.

Banks face slow processes to verify clauses for each type of holding, incidences and delays caused by the manual processes for data recording, matching entry remittances, modifying data and particularly due to the decentralisation of paper documents.

Within this new environment, SGAIM provides solutions based on the automation of processes which affect the Management of Holdings, improving their operational efficiency, response times, reliability and costs.

SGAIM adapts its solutions to the specific processes of each Financial Institution. Intelligent capture processes and automatic validations are some of the tools used to speed up the management of holdings. SGAIM guarantees the total control over the collection and entering of holdings, with their centralisation, by identifying and returning those documents that present irregularities.

SGAIM’s outsourcing platform offers its clients the Business Process Management and Business Intelligence modules to speed up business processes and for immediate error detection and correction.

Through the SGAIM web platform, TTID Plus, the client can immediately access the documents scanned via document scanning of the holdings, thus optimising the control and response time and facilitating the Business Process Management.

Holdings management presents the following benefits:

• Time and cost savings of up to 50%.
• Reduces the average payment reception period by 40%, to prevent non-payment.
• Control of incidences between the physical bank bills and remittances in order to correct them immediately.
• Automation in bank bill validation processes, ensuring zero error.