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KeyBank Offers Check Outsourcing for Corporate Clients
CLEVELAND -- Limited production capacity. Lack of secure document facilities. Heightened check printing and mailing costs. KeyBank sees its clients wrestle with these operational issues every day and has engaged in an alliance relationship to help its clients overcome these challenges.Through an agreement with Moore Wallace, an RR Donnelley company, Key's corporate and public sector clients now will have access to a full range of check outsourcing products and services. Benefits to Key's clients who opt for the service include added security; reduced paper, postage and handling costs; and access to the latest developments in check production to counter fraud. Additionally, check outsourcing eliminates the need for upgrading and maintaining check printing equipment, a costly endeavor that can severely impact the bottom line."Efficiency is the name of the game," said Jim Matousek, CTP, product manager, KeyBank Global Treasury Management. "As more and more organizations streamline operations to best focus on their core competencies, outsourcing becomes an attractive option."Check outsourcing is best suited for organizations that write a minimum of 3,000 checks per month, he added.Key will work closely with Moore Wallace to monitor the quality and ensure high service level standards for all aspects of the check printing and delivery process. Moore Wallace offers print communication services to its diverse customer base through a North American network of wholly owned facilities, Matousek said.RR Donnelley is a full-service global print provider and the largest printing company in North America. KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $84 billion.Visit RR Donnelley: www.rrdonnelley.comVisit KeyCorp: www.key.com"