JPMorgan Chase will implement Oracle Distributed Document Capture from Oracle Corporation Australia across their global enterprise to facilitate the electronic capture and management of a range of critical business documents including loan applications, financial statements, invoices and checks.
Oracle Distributed Document Capture provides scalability, easy administration, support for multiple input devices, and a user-friendly, web-based interface.
JPMorgan Chase expect to benefit from faster document cycle times, improved regulatory compliance and records management, more automated business processes, and better access to information.
Oracle Distributed Document Capture initially will be rolled out to more than 750 U.S. users at JPMorgan Chase. By the end of 2009, more than 3,000 employees across the U.S., Europe, Africa and Asia are expected to be using the software.