Successful companies know where their strengths and weaknesses lie. They remain competitive in the market place by knowing their customers, concentrating on their core business and outsourcing services that are not cost effective or distract from their key operational goals.
Credit Unions provide financial services and credit at competitive rates. that is what they are created to do, and they are extremely good at it. But as with any business, there is always admin that comes with the territory. Much of this admin needs to be done by the company itself but there are some admin tasks that can now be outsourced to make companies more efficient and cost-effective.
Every member of a Credit Union receives regular credit Union statements and all these statements need to be printed, processed and mailed at pre-determined intervals but they do not necessarily need to be printed and mailed by the Credit Union themselves. By outsourcing their statement printing and mailing Credit Unions can become far more cost effective and focus their time and energy on the work that they were created to carry out. PSC offers in-house low cost, reliable commercial printing and mailing services for Credit Unions in the UK.
Reliable, regular statement mailing
Investors and Credit Union members like to be kept up to date on financial trends, new products, services and investments that may have an impact on their finances. Credit Unions need to communicate regularly with their members and send out statements either monthly, quarterly or annually. This process takes time and requires manpower. But if the Credit Union is only mailing statements monthly or less frequently, they can’t justify having a department just for this purpose or employing full-time staff to process, print and mail statements. A Credit Union also can’t afford to have printers and other expensive equipment standing idle for three weeks of the month or to continuously invest in the latest software and technology needed to print monthly statements efficiently.
A dedicated printing service, however, can offer top-quality,cost-effective printing because they take on many different clients and have the dedicated staff, technology, and equipment to offer provide customer service and good value of money. PSC continuously updates their systems and invests in the latest software, technology, and security measures, ensuring the fast and accurate printing and delivery of Credit Union statements and offering various printing and mailing packages that are competitive, affordable and reliable. Whatever the printing needs of a Credit Union, PSC is able to deliver.
As a Credit Union grows, the volume of printing and mailing will also increase, and the needs of the Credit Union may change as they move from sending out quarterly statements to monthly ones, but PSC constantly upgrades their technology and equipment so that they are fully equipped to deal with any company’s expanding customer base, guaranteeing a fast, reliable mail service and delivery of monthly statements.
Outsourcing statement printing is cost effective
Outsourcing Credit Union statement printing and mailing can reduce costs and improve the bottom line of a Credit Union, and those savings can be reallocated to offset other expenses, reduce rates and fees, and offer a more competitive service. Due to the volume of mail generated by a printing and mailing service, these companies can usually negotiate cheaper mailing rates and in many cases are able to print and post direct mail for less than the average cost of a stamp and those savings are passed on to the Credit Union.
At PSC we understand the needs of Credit Unions and offer a complete printing service tailored to their specific requirements, including the printing and mailing of promotional leaflets, information booklets, quarterly reports, annual reports, and other important communications. We also produce bar-coded labels and cards, business cards, letterheads, booklets, envelopes, continuous forms and plastic products like payment cards and presentation folders. This wide selection of products makes PSC a one stop print solution for all UK Credit Unions. We save our clients time and money by enabling them to fulfil all their printing and mailing requirement in one convenient place.
By printing everything in one place the Credit Union is also guaranteed consistency in terms of print quality, design, and layout. This consistency allows Credit Union members to quickly and easily recognise correspondence from their Credit Union and differentiate it from junk mail sent by other companies.
Data Security and Confidentiality is crucial
With more and more people falling victim to cybercrime, fraud, hacking and identity theft, it is crucial for Credit Unions and their subcontractors to ensure that all their members personal and financial information are protected at all times. PSC is trusted by many of the UK’s largest companies because we prioritise data security.
All printing and mailing carried out on behalf of Credit Unions is completed in an APACS (Association for Payment Clearing Services) approved and ISO27001 accredited facility. ISO27001 is one of the most recognised standards for an Information Security Management System and is a systematic approach to the responsible and secure management of all sensitive information.
Dedicated and well-trained staff members
At PSC we pride ourselves in providing outstanding customer service and to this end, all our staff are appropriately trained and vetted before they join any of your Credit Union statement printing facilities. Our dedicated quality control inspectors ensure that all Credit Union statements and other correspondence meet the client’s quality requirements and are correctly addressed and properly sealed. Effective quality control checks and security measures have reduced printing and delivery errors to almost zero.
At PSC we understand that good communication is key to the success of any business and we recognise that incorrect or tardy mailing of statements can have a huge negative impact on a Credit Unions reputation and business. That is why we consistently strive to provide a fast, accurate Credit Union statement printing and mailing service that is both secure and reliable.
Contact PSC for all your statement printing and mailing needs and allow us to help you meet the needs of all your customers and grow your business at the same time.
Posted on Monday, April 1st, 2019 at 5:01 pm in .