Online Printing Can Revolutionize Financial Institutions

Gaining control of printing costs is one easy step toward reducing internal spending

without layoffs or budget cuts.In many companies, especially financial institutions,printing services are fractured.This means each department secures its own printing solutions.Instead of taking a scattered approach to printing,companies can easily find a solution that consolidates efforts and saves time and money.

Decentralized printing means a company does not hold a single contract with a single print provider.This method of printing leads to a large number of print suppliers with a variety of warehouses and numerous ordering methods used to fulfill printing needs.

Employees,especially ones who work in the field, are the biggest victims of this kind of system.When there is no standard for ordering new items,employees have no idea where to go for their printed materials.In some cases,they may need to speak with various departments to obtain the materials necessary for completing their jobs.

Employee print requests can take a long time to process and there is no way to track the status of each request.These obstacles are not in line with any business's daily operations,especially with the needs and requirements of financial institutions.

Business in these circumstances can make changes to turn the situation into a positive one.A print management partner is the best way to get back on track.The right partner can consolidate print vendors,leverage the amount your company spends on printing and implement an e-procurement system for your entire organization.The goal of this partnership should be to increase your buying power and streamline processes to reduce print-related expenses.

Centralization also allows for consistent corporate graphics standards and improves the ability to maintain a strong branding identity.Your marketing department works hard to create a brand image and marketing message for your company.When unapproved print jobs are placed by various departments,that well-crafted brand and messaging can be lost.By having one organization in charge of printing,it ensures your logo remains the same every time,your messaging is consistent on every piece of paper,and so on.This alone is worth the investment.

E-fulfillment should be another aspect of your print partner's contract. Online printing, or print on demand capabilities,give your employees access to important documents from their desktops.An effective online printing portal should consolidate multiple vendors, if needed, giving your users access to all their critical documents in one place.It should also provide robust reporting on usage activity and establish approval models to give companies streamlined production,inventory and distribution capabilities-all from their desktop computers. Online printing will reduce the total amount spent on printing,giving employees access to the documents they need with the ability to easily reorder additional copies as needed.

Print management partners provide a company's employees with what they need,when they need it and where they need it.Making it easier for your employees to complete their job will turn into big returns for your company.

Online Printing Can Revolutionize Financial Institutions

By: ErinLea

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