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September 2015
31
Community Bankers Association of Illinois
Bank
notes
Streamline Employee Communications
When it comes to employee intranets, your institution can
capitalize on several advantages. Intranets simplify document
sharing to minimize hard copies, mailed materials, faxes and
emails. And with their ability to centralize communication
and resource distribution, they also can lead to enhanced
collaboration and knowledge sharing as well as improved
productivity, since employees have a more efficient way of
interacting with each other across departments and branches.
What’s more, this solution provides a number of human
resource functions, including time-keeping and attendance,
vacation tracking and policy management.
An employee intranet also offers your staff productivity tools
to better assign, manage and track workflows and daily tasks.
Strengthen Regulatory Compliance
A critical point to remember is that, when partnering with
an online portal provider, you must perform due diligence
on your vendor’s security controls, including related proof,
because examiners will ask for it.
That said, web-based portals offer several advantages from a
compliance standpoint. Directors gain access to the most up-
to-date, clickable regulatory changes, as well as convenient
online compliance training. After all, no single entity is more
accountable for, or deeply affected by, a compliance slip.
Portals also make examiners’ jobs easier by giving them greater
accessibility to such organized and archived materials as
board minutes and compliance manuals.
Finally, online portals add stronger compliance and efficiency
to policy management, since they allow you to post and
archive financials, bylaws, training documents and manuals,
disaster recovery plans and more—and compel both directors
and employees to accept or deny them, when necessary, with
a simple click.
Bottom line—online Web portals stretch beyond the
boardroom to benefit your financial institution’s entire
staff, and put powerful technology at your fingertips. They
save time, energy and money that can be put toward what
counts—protecting the institution, employees and, of course,
customers from unnecessary risk.
n
The CSI Board Portal Intranet is a preferred service of
Community BancService Corporation (CBSC). Evers can be
reached at
.
DID
YOU
KNOW?
Portals
also make
examiners’
jobs easier.
