Reduce Costs
We help financial institutions improve and streamline processes that impact clients, client-facing staff and revenues. By reducing the time and expense required to onboard a client – as well as the costs around equipment, supplies, service and power consumption – we can help banks operate more efficiently.

1. Minimize or eliminate the need to courier documents between locations for processing.
   Digitization and electronic transfer of documents dramatically reduce the need for manual intervention in client account opening, residential mortgage processing, equity credit lines and personal loans. By drastically reducing paper, we’ll help you remove process steps, better serve your clients and manage your bottom line.
   
   
2. Know the true cost of your print infrastructure.
   Whether it’s your corporate office, branch or back-office customer service and operations environment, we can manage all of your office devices—printers, copiers, fax machines and scanners—regardless of manufacturer or model. We also manage the supplies, maintenance, support and training that go along with them. Based on your specific requirements, we design the optimal document output environment for you. This helps you boost productivity and reduce costs by as much as 30% over time.
   
   
3. Reduce cost and waste stemming from preprinted inventories and obsolete collateral.
   By optimizing your centralized operations, we can deliver highly flexible, customized print management solutions. We can help manage your internal and outsourced document production -- like pitch books, client presentations and marketing materials -- while providing a single point of control. From job submission and high-quality colour to complete finishing and distribution, we can take your operations to the next level.
   
   
4. Enjoy more sustainable operations.
   Optimize your print environment to use less paper, power and equipment. We thoroughly analyze your current print processes – whether centralized or distributed across local offices -- to help you make a real impact on your sustainability goals. As more financial services firms decrease their carbon footprint, the print environment is an optimal place to start to achieve a measurable impact.
   
   

Reduce Costs
“In addition to the market-leading technology on offer from Xerox, and the speed with which they could deliver the solution, Xerox also had immense experience working with financial services organizations—something that was important to us.”
--Dick Parkhouse, Executive Director for Strategy and Change at Co-operative Financial Services (CFS)

Co-operative Financial Services (PDF 820 KB) Co-operative Financial Services (CFS), a large consumer co-operative that includes banking and insurance subsidiaries, outsourced their communications management of inbound correspondence to Xerox to improve customer service and cut costs. Business Department: Marketing Industry: Banking Service Offering: Xerox Managed Print Services, Document Transaction Processing Services

Global Wealth Management Leader (PDF 895 KB) One of the world’s leading wealth management firms wanted to transform its new account opening process to reduce cycle time from days to just hours. It also significantly reduced error rates and operating costs more than $500,000 per year. Business Department: Customer Service, Information Technology (IT), Sales Industry: Banking Service Offering: Xerox Communication and Marketing Services, Document Transaction Processing Services

Nationwide Financial Services (PDF 508 KB) Nationwide used Automated Document Factory (ADF) to manage every step of its customer communications printing and mailing process. This helped the financial services company fulfill and deliver all member communications without risk of failure, improve call center effectiveness and reduce postal costs. Business Department: Mailroom, Print/Copy Center Industry: Banking Service Offering: Xerox Communication and Marketing Services, Enterprise Print Services - Centralized Print