Bank statement printing services  are regularly responsible for sending statements to their customers, which is a time-consuming, labor-intensive process. Outsourcing the printing of bank documents to a transactional print and mail service provider is not only fiscally responsible, but it can also help improve customer relations and free up internal resources for other priorities.

Outsourcing can save banks up to 30% of what they would spend in-house on statement processing services. This is because the transactional print and mail companies specialize in reducing document production costs by optimizing postal rates, optimizing mailing list accuracy and applying other best practices.

Managing Finances: Bank Statement Printing Services

In addition, outsourcing can allow a bank to offer its customers a more convenient way to receive their documents by providing online access to statements and notifications. This can help a bank boost its eStatement enrollment and improve its customer experience.

A trusted document management company offers a wide range of customized print and electronic delivery options, including black-and-white or full-color documents that can be personalized with logos, tables, marketing, and other important information. This enables a bank to stand out from competitors while communicating critical information to its customers in an easy-to-understand manner. A well-designed, clutter-free statement design can also reduce the anxiety that many consumers feel about their money. It can also encourage them to visit their local branches or websites. This is a critical aspect of building customer loyalty.