
Background
The IFA client offers financial advice to people looking for mortgage quotes, personal investments or help restructuring their finances. They also offer business finance for individuals or companies looking for mortgage deals on investment properties, pubs, restaurants or hotels.
The sharing of information in the form of client files was proving to be a major challenge. In addition the importance the business attached to the client files gave rise to concern with regard to business continuity.
Solution
The challenge to seamlessly move the client from a paper based knowledge system included the collection of client files out of the normal working week. The files were catalogued and added to Storetec’s storage system. The client’s demands for file viewing were initially met by a 1 hour scan-on-demand service. In addition an agreed number of files were processed each month to ensure the whole client file archive was converted to electronic files within 12 months.
New files and additional information for existing files is collected weekly, keeping the knowledge base completely up-to-date. The client’s army of advisers now has instant access to the knowledge base, in the office, at home and on the move.
Client’s Opinion
So in short, my thanks. The system works. I’ve proved to all that I can obtain my files at the push of a button, rather than trying to find paperwork in the middle of a 2 foot pile. In the event of a real problem, ‘I’m alright Jack’ and can get on with my day to day business of providing a service and making money. The FSA love me, because I have a plan in place, and the staff now realise the real benefit of not retaining all that paper in our Office.
"My thanks once again to you and your team, for your guidance, patience, and vision in taking my business through to the streamlined, paperless organisation required for the 21st Century."
Senior Partner