Valley National Bank turned to Square 9’s GlobalSearch to improve its document management and streamline audits, resulting in significant operational savings. The bank faced issues with missing files during audits, inefficiency in managing paper-based records, and high storage costs. With GlobalSearch, they digitized over a million pages of documents, saving nearly $150,000 annually and freeing up office space previously used for paper storage. The solution also reduced labor costs by eliminating manual document handling, cutting down staff and saving an additional $100,000. The bank now efficiently handles audits and meets regulatory requirements while ensuring business continuity.

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