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Frazier Insurance
Success Story
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| Company |
| Frazier Insurance |
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| Company Profile |
| Frazier Insurance, located
in Little Rock, AR, is a Nationwide Insurance
provider to over 3,000 clients. |
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| Industry |
| Insurance |
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| Key Business Challenges |
| Reduce the amount of time
spent going through files. |
| Eliminate lost and
misfiled documents. |
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| Key Business Solutions |
| Eliminated misfiling of
business critical documents. |
| Reduced the amount of time
to retrieve filed documents. |
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| Applications |
| Scan, Store, Retrieve,
Send to, Print Driver. |
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| Installation Overview |
| PaperWise was deployed on
the company’s server for local users and on
Terminal Server for remote users |
| Full TAM integration
allows single key access to images. |
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| Benefits |
| Allows the agency to be
faster with their response time, freeing them to
focus on expanding their business. |
Frazier Insurance, located in Little Rock, Arkansas, has
been providing its customers with all of their insurance
needs for over 20 years. Frazier is a Nationwide
Insurance™ agency that also does independent work for
other lines of business that Nationwide doesn't offer.
They currently have over 3,000 clients, which naturally
challenges them with huge volumes of paperwork. Recently
they found a solution in a document imaging system from
PaperWise--the PaperWise Office Edition.
In the insurance industry paperwork
runs your life. When you have been in the business for
over 20 years with a client base the size of Frazier's,
the amount of paperwork your office deals with can be
astounding. Frazier's 10 filing cabinets were taking up
valuable office space, and creating an ever-growing
obstacle to efficiently conducting business. "Prior to
PaperWise, we had all of our documents in file cabinets
piled full. When you would go to find a customer's file,
invariably something was missing or someone had the file
pulled and you didn't know where it was," Richard
Frazier, company president, explained. To a growing
business like Frazier Insurance, the everyday
inefficiencies in their manual filing system were
beginning to take their toll.
Realizing the cost associated with
lost or misfiled documents, as well as the inefficiency
of manually filing his documents, Frazier decided to
look into going paperless. He began with an Internet
search and looked into a several solutions, including
the PaperWise imaging solution. After preliminary
contact with several candidates, more extensive research
was done with the top vendors. PaperWise was ultimately
the choice that Frazier felt would be the best fit for
his company.
Frazier Insurance worked with an IT
consultant to help them install the product. After a few
minor modifications to their existing system, they had
PaperWise up and running. "PaperWise was extremely
helpful getting us up and running on the product,"
Frazier said. Frazier initially spent some time
back-file scanning all of their existing documents, and
today uses their PaperWise system to scan all new
documents as they come in. "We scanned and shredded all
of our old stuff. Now when we get documents, we scan
them as we get them. We scan applications, rejections,
endorsements, and we scan entire policies. Today, when
someone calls asking for a policy, we just go into
PaperWise and e-mail it to them," Frazier added. This
process has made their daily tasks much easier, more
efficient, and more reliable. "Before, I would be
looking for a document and it might take 3 or 4 hours in
some cases to find it. I actually have some I have never
found. But that just doesn't happen anymore," Frazier
said. "I don't have to get up from my desk and go to a
file cabinet, I don't have to search for a lost
document, I don't have to file stuff. Just creating
files and cabinets is time consuming and expensive.
PaperWise has eliminated all of this."
Frazier Insurance currently scans
between fifty and one hundred documents a day. They have
approximately 20,000 multi-page documents in their
database, all of which are retrievable in sub-second
time. They scan their documents using two Fujitsu 4120
series scanners. Richard also automatically backs his
system up and takes it to another location to make sure
that his data is never lost or destroyed. When asked
about his thoughts on PaperWise Richard said, "PaperWise
is great. It has been a huge help. I love it, our staff
loves it, and now that we have done all of the back
scanning, we are seeing some definite benefits. One of
my first directions to anyone who works here is
'everything gets scanned'." Now that they are free from
the restraints of a manual filing system, Frazier
Insurance is able to focus on taking care of their
existing clients, as well as growing their company.
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