The Tall Group of Companies has launched a secure statement printing solution as part of its business process outsourcing offering.
The service is designed to help banks and building societies to better manage risk, achieve time savings and reduce cost by outsourcing the design, production and mailing of these business critical secure documents.
The Group has invested more than £50,000 in the latest laser printing technology and intelligent mailing equipment to support the service and ensure high levels of security, accuracy and efficiency. As a result, all documents will be securely printed with a unique barcode that matches items to envelopes, whilst multi-page statements will be automatically inserted into larger or multiple envelopes as required.
A newly created Digital Print and Mailing Room will house the operation at the Group's production facility in Hinckley, Leicestershire. These secure premises, combined with the company's ISO 27001 certified information security management system, means it can provide a complete printing and fulfilment solution with reduced risk and a fully audited process.
Martin Ruda, Managing Director of The TALL Group commented: "We have found that many emerging banking groups, UK branches of foreign banks, and building societies are still printing and mailing their statements in-house creating a drain on internal resources and missing out on an opportunity to reduce risk and operational overheads. The secure management of sensitive financial data and its controlled application to produce perfect print matering is at the heart of our business, so we are best place to meet these requirments.
This latest statement service forms part of our Business Process Outsourcing offering that takes away the burden of costly and time consuming internal procedures to improve service levels, efficiency and performance."
The Business Process Outsourcing solution combines a number of secure financial-related services across payments, contingency and stock management. For example, the Integrated Payments Bureau is able to handle a wide range of secure payments on a planned or ad hoc basis including cheque, Bacs, Faster Payments, Direct Debit collections and foreign payments. Meanwhile, the Auto Replenishment service enables uniquely numbered and referenced cheques, credits and other financial documents to be automatically replaced based on usage and real-time stock levels at each branch.