Case Study

GlobalSearch® Takes a Heavy Burden Off Of a Consumer Finance Company

GlobalSearch® Takes a Heavy Burden Off Of a Consumer Finance Company

Industrial Acceptance Corporation (IAC), a consumer finance company, implemented GlobalSearch to address inefficiencies in its paper-based filing system. With a growing number of fireproof cabinets consuming valuable office space, IAC needed a better solution for managing documents, particularly automobile loan contracts. GlobalSearch enabled quick scanning, indexing, and retrieval of contracts, reducing the time spent on document management. Within two years, IAC stored over 336,000 documents electronically, saving significant office space and labor costs, equivalent to half the cost of a full-time employee. The company plans to expand its use of GlobalSearch and is considering adding GlobalForms to further streamline the loan process.

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