Tech vendor IMM announced Wednesday that it's launching a cloud-based document service, Document Exchange.

The Linden, N.J. company said the new service will incorporate IMM's web-hosted eSignature capture system.

Wings Financial Credit Union of Apple Valley, Minn. is one of the first to use the Document Exchange service. In a press release, an executive said the system has streamlined what was once a manual process for the credit union.

"The Web-hosted document capabilities of Document Exchange enable greater employee productivity while providing members a much higher level of service," said Polly Belden, the credit union's deposit systems manager, in the release.