FINANCIAL SOLUTIONS

Large financial service companies save money, market services and reduce IT transaction and billing headaches with LaserNet’s seamless, end-to-end transaction data (transdata) management solution designed specifically for the challenging demands of the financial service industry.

One of the most critical aspects of managing transaction data for financial service companies is integrating data from multiple sources, including different business operations—all of which may operate on completely separate platforms. 

Download a PDF example of what LaserNet TransData EBPP solutions would look like to your clients

Learn how the LaserNet process works for financial service companies

LaserNet’s unique TransData Integration service performs the integration for the entire financial service enterprise, not only pulling and consolidating data from multiple operations, but also from completely unique software platforms.

This data is then archived by LaserNet. The financial service then has access to the consolidated data for multiple applications.

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Once the transaction data has been consolidated, then LaserNet can quickly and seamlessly create a web presentment for the statement. This is done by creating a unique web site that interfaces with the financial service company’s primary site. The navigation link appears on the financial services company’s primary web site, and links to LaserNet’s microsite. The financial service company’s customers can log on and access their statement at their own convenience. Each statement is stored as a PDF in a secure vault. To view the statement, the client calls it up from the vault via the microsite.

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LaserNet also offers its financial service companies a TransData Electronic Bill Presentment and Payment process enabling financial services companies to offer both web presentment of statements and web payment capability. Online payment processing lowers the incidence of payment repudiation, lessens supplier charges, expands payment options, better resolves disputes and, of course, expedites actual payment.

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LaserNet is the only firm that offers financial service companies a seamless, end-to-end integrated solution as well as the unique expertise required to produce and manage transpromo marketing messaging.

Transpromo is the process of including a marketing or advertising message on the transaction documents.

A rapidly growing number of financial service companies are using transpromo to leverage their investment in producing and delivering transaction statements. 

The two compelling benefits of this media are:

1. No other form of media or advertising receives as much attention and readership as a billing statement.
2. The message can be personalized based on the profile of the individual customer.

In the financial services industry, there are unique restrictions on how these messages can be used and which products or services can be promoted. However, as financial service companies continue to expand their services, promoting these services to their current customers is a key component of their marketing investment.