The Corporation of Lloyd's has chosen Albany Software's Connect etransactions software for electronic document delivery.
Lloyd's administrative centre already uses Albany's Albacs to automate all payments to suppliers and employees.
Cash and hardship accounting manager, Tony Cullum, said the two programmes allowed Lloyd's to make significant operational savings.
“Albany's etransactions software will provide a considerable reduction in manual administrative duties across our business, such as cheque writing, sorting and posting business documents,” he said.
