1. Current Situation…Statement Recall and Archival
An organization has 10,000 customers it bills every second month. They have their statements produced and mailed by an outside print house.
Each print run of statements is returned to the organization by the print house on disk at an added cost. When CSR’s need to view a statement, they have to locate the disk the statement is on, load it onto a PC and then search for the appropriate file. If a client has requested a copy, the CSR will have to print it on their local printer and mail it to the client.
For long term archival and disaster recovery purposes, the organization has to store all of the statements at an outside facility (ideally two). Storing and recall of records from the outside facility is time consuming and expensive.
The FileNexus® Cloud Services Solution…
“Loris has worked with, and taken the lead in regards to integration with our CIS vendor, NorthStar, resulting in the delivery of the exact copy of our customer bill. Both our customer service representatives and customers now access the same bill. Loris has provided the seamless integration that we needed.” – Garry Symons, Director of Corporate Services, Entegrus – NorthStar User
Every time the print house prints a statement run, have them electronically transfer the print data stream directly to FileNexus® – where it will be automatically indexed, secured and redundantly archived in the identical format it was printed.
When a CSR requires a statement, a few key strokes are all that are required to recall it virtually instantly. Once it’s recalled, the CSR can email, fax or print it for the client as required – right from the desk top, something like this:
How Much Would That Cost…?
Based on the 10,000 customers above and assuming 5 CSR’s required access to the files, the one-time project set up cost would be about $6,900.00 and the cost per month thereafter would be about $650.00 – on a month by month basis. Taxes extra.
2. The Organization Would Like to Make Statements Available Online
Rather than having clients call CSR’s to get their bills – the organization wants to make statements available on-line to their entire client base (even the ones who had a statement delivered by mail). They already have a client facing web site interface.
The FileNexus® Cloud Services Solution…
FileNexus® has a full set of API’s to allow the organization’s web master to link their web site directly to the FileNexus archive containing the client statements. Clients can now securely view their statements on-line, something like this:
How Much Extra Would That Cost…?
Based on the 10,000 customer base above, the cost for unlimited recall of statements by all clients would be about $9600.00 per month ($1.00 per client per year) – on a month by month basis. One time project roll out cost would be approximately $6,900.00. Taxes extra.
*All project costs quoted above are estimates only. They do not include a one-time set up fee of $5,000.00 for the organization to be set up on the FCS platform or the base site fee of $100 to $200 per month for the organization to maintain its location on the FCS – regardless of the number of projects deployed. Prices do not include applicable taxes. Please contact us to discuss your individual business needs and obtain an appropriate quote..
How Much Extra Would I Save…?
To download a work sheet to calculate some of the current costs that FCS might impact at your site, click here.
For more information on acquiring FileNexus® please visit www.filenexus.com, call 416 -252- 4701, or email sales@filenexus.com.