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Which is right for me? In-house or outsourced IP?

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In-house or Outsourced IP: What's right for my financial institution?

The benefits of imaging and image exchange have been amply demonstrated and discussed, but the question still remains - should you run your check imaging in-house or outsource it? If you answer "yes" to seven or more of the following questions, an in-house imaging solution may be appropriate for your financial institution. If you answer "no" to seven or more questions, your financial institution may be better served by outsourcing its item processing. If you answer with a combination of responses, a blended or hybrid environment could be the right choice for your institution.

NOTE: To view your survey results, please turn off any pop-up blockers OR simply hold down the CTRL key when clicking the submit button.


Do you consider imaging technology primarily a strategic application that supports your business objectives?
 Yes
 No
Do you consider imaging technology primarily a back-office application that supports financial transactions?
 Yes
 No
Are you processing checks in-house today?
 Yes
 No
Does your check and customer data currently reside on an imaging platform?
 Yes
 No
Does your institution's growth strategy include acquiring other financial institutions?
 Yes
 No
Is superior customer service a critical differentiator for your institution?
 Yes
 No
Does your marketing group depend on technology for new fee-based products and services?
 Yes
 No
Are your competitors successfully appropriating your customers by offering technology-based products and services?
 Yes
 No
Are your back-office operations automated?
 Yes
 No
Are you being pressured to reduce your operational overhead?
 Yes
 No
Do you find it difficult to find and retain qualified IT personnel?
 Yes
 No
Is your institution outgrowing its current facility?
 Yes
 No
 


In-house, Outsourced or Hybrid
Of course these 12 questions represent only a few of the things you should consider when deciding the IP environment for your institution. For best results, speak to one of our imaging specialists who can help you identify an imaging solution that will best serve your institution's needs now and down the road. Whether you are interested in fully outsourced item processing, an in-house solution, or a hybrid of the two, we have the knowledge and expertise to meet your processing needs.

Open Solutions
Imaged Payment Technologies
2188 Parkway Lake Dr.
Birmingham, AL 35244
Phone: 205.314.1100
Toll-Free: 800.849.8061
Fax: 205.314.1500




 
   

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