With the growing demands of customers and tightening regulatory and security requirements, the financial service industry is requiring a smarter document workflow. As a consequence, many financial firms are making the move towards digitization and mobile technologies. Part of this move is the convergence of personal and business usage of smart devices, such as BYOD (bring your own device).
Nearly seventy percent of IT leaders say smartphones and tablets will replace PCs in financial services.
Sixty percent are strongly committed to boosting the use of mobile devices for business purposes, such as printing and document workflow.
Let’s meet Matt, who works at a bank as a sales manager. Matt travels frequently so he relies on his smartphone and tablet to stay connected with his office and gain real-time access to documents.
Since Matt is hardly at his computer, most of his printing is done with his mobile devices through the cloud. Cloud printing makes it easy for Matt to view and print documents while on-the-go. When he’s especially busy, hopping from one client meeting to another, cloud printing comes in handy, allowing him to print from anywhere and simply pick up his print-out at a nearby printer.
Now, meet Lauren, who works at an investment management firm as an administrative assistant. Lauren is responsible for preparing financial reports and processing contracts. Every day, she makes copies of these documents and sends them to the managers who need them. This includes printing, faxing, copying, and scanning documents.
Thanks to document digitization and distribution solutions, Lauren can take care of this administrative headache in a snap. Each document is labeled with a barcode or ID number, so that when it’s scanned, the printer’s OCR* technology recognizes these codes and sorts the documents automatically. So all Lauren needs to do is assign each code to a folder or e-mail address. Then the printer scans and sends the documents to their respective recipients in one easy step.
*OCR= optical character recognition, technology that converts printed text into digital code, allowing automatic digitization of hard-copy text
Due to the strict regulatory compliance standards in finance, IT security is of utmost importance. To ensure that no document falls into the wrong hands, Lauren uses secure pull printing solutions. These solutions allow her to protect each print job with user authentication. The print job is not released until the intended recipient authenticates it.
Although Matt and Lauren manage different tasks, both of their work lives become much easier with Samsung Printing Solutions. It’s all about enabling smarter document workflows. With Samsung’s printer interface being fully customizable to every type of user, digital to print workflows are more efficient and seamless.
Samsung’s world’s first Android-powered multifunction printer offers enhanced productivity with a wide range of printing apps. These printers are engineered for today’s workforce, providing users the flexibility to print, scan, and manage documents seamlessly. If you want to transform your work, give the Smart MultiXpress series a try.