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DnB NOR Is First in Norway to Choose Readsoft's Latest Solution for Document Handling

Published 02 June 2009 | By ReadSoft

DnB NOR comments on why they chose ReadSoft software: "The objective of this investment is to ensure the quality of information and to streamline our processes. This in turn leads to greater efficiency throughout our organisation."

DnB NOR Bank ASA is one of the Nordic leaders in banking, finance and insurance and has approximately 13,000 employees. The group has long been the clear market leader in Norway. Strong trademarks such as Nordlandsbanken, Cresco, Postbanken, DnB NORTH and Carlson are all part of the DnB NOR group.

Managing consultant Sissel B Nyheim, of DnB NOR Bank ASA, said: The objective of this investment is to ensure the quality of information and streamline our processes. This in turn leads to greater efficiency throughout our organisation.

Together with ReadSoft's solutions for handling invoice and forms, DnB NOR Bank ASA has been using automatic data capture for years in its electronic archive solutions. Advances in new technology made evaluating ReadSoft's new solutions the natural choice, and now the handling of document processes within the group will be even more effective.

CLASSIFY and INDEX make it possible to automatically separate, classify, capture and index information from incoming documents, then send this information to an electronic workflow and/or archive. Plans are in the works for possible future development where the DnB NOR solution would grow to cover the bank's needs for handling incoming post, faxes and e-mail. ReadSoft is starting implementation immediately and counts on the solution being in operation by the first half of this year.

ReadSoft CEO Jan Andersson said: We are extremely glad that DnB NOR has taken the strategic decision to invest in our latest solution for document handling. Our solution gives them the ability to improve the handling of important documents and this will result in simpler, faster and more cost-effective processes throughout the group – an obvious competitive advantage in the banking and insurance markets.