San Antonio City Employees Federal Credit Union (SACEFCU) recently eliminated a cumbersome and expensive magnetic tape exchange process by implementing DropChute Enterprise, Hilgraeves Internet document delivery solution. By automating this process, SACEFCU protects its loan base by exchanging car insurance records with SWBC, the largest reinsurance company in the nation. Fern Thibodeau, SACEFCUs information systems administrator says, "Automating our lease and purchase data transfer with SWBC to a virtually hands-free process is a huge time saver for us. That lost time can translate into big savings given the volume of car loans we handle."
Eagles goal is to become a paperless company an ambitious goal for an industry that has traditionally centered on the verification and exchange of documents. By watching technology trends and listening to its customers, Eagle has developed several initiatives the last few years to accomplish this.