Business Issue: A large in-house records center for a major financial institution wanted to find the most efficient way of producing upwards of 5000 color coded files and labels they required for loan documents generated daily.

Solution: They outsourced the work to TAB’s Rapid Response Color Coding file production service on a pilot-project basis.

Results: 

• Project was a complete success, with TAB delivering the required files in the correct order on demand.
• Client was able to assign their exisiting RM personnel and resources previously used in the production of files to more important RM assignments, making them more efficient all around.
• Using TAB’s Rapid Response Color Coding service saved the client an estimated $250,000 to $350,000 a year.
• The pilot project was designed for the Wholesale Mortgage business, but the entire Consumer Lending Retail business of this organization has since switched to Rapid Response Color Coding service.

To read the full case study on how TAB helped this organization free up its internal Records Management resources and save $250,000 to $350,000 dollars a year in production costs, download the case study here.