Payment Software
Super Case Study
“Dataline can even find savings with an unknown U.S. based system for this super company – now who can beat that?”
One of the largest superannuation administrators had an archaic preprinted cheque printing process that required manual processes for collation, cheque signing and mailing even though they were printing 2,000 to 2,500 cheques daily. They had 2 separate host implementations for a US based system and 40 bank accounts, thus they held stock for all of these accounts. Their system had limited local resources therefore any modifications would result in significant professional fees.
The organization was looking for a solution that would automate the cheque printing process but Dataline found more! Using LINKS suite of modules to provide an automated cheque generation solution, Dataline found further savings through generic cheque stock, added laser signatures, the opportunity for re-sorted print file and barcode printing to gain largest postal discounts as well as future opportunities for automatic collation of subsidiary paperwork to cheques. Furthermore, the company gained a cost effective solution that was not dependent on any host system if they decide to move to it in the future.
The solution paid for itself in 12 months and it has allowed the company to increase their business substantially without the need to increase staff numbers.
Here are some of the savings:
| Item | Initial | Recurring |
| Reduce cheque stationery costs |
$522,200 |
$522,200 |
| Reduction in professional fees to modify system to meet Australian regulations |
$100,000 |
|
| Redeployment of staff resources |
$50,000 |
$50,000 |
| Total savings achieved |
$672,200 |
$572,200 |
Call now on (02) 9882 6301 for your initial meeting with Dataline and let them show you how they can reduce your costs!