Reduce & Control operating costs.
The single most important tactical reason for outsourcing is to reduce and control operating costs. Additionally, companies that try to do everything themselves may incur vastly higher research, development, marketing and deployment expenses. Access to the outside provider's lower cost structure, which may be the result of a greater economy of scale or some other advantage based on specialization, is clearly and simply one of the most compelling tactical reasons for outsourcing.

Improve company focus.
Outsourcing lets the company focus on broader business issues while having operational details assumed by an outside expert. For many companies, the single most compelling reason for outsourcing is that several of the 'how' type of issues are siphoning off huge amounts of management's time and attention. Too often, the resolution of these issues are stuck in middle management 'decision gridlock.' This creates financial and opportunity costs that affect the organization's future.

Access to world class capabilities.
FPI capabilities are the result of extensive investments in technology, methodologies, and people - investments made over a considerable period of time. FPI's capabilities include specialized industry expertise gained through working with many clients facing similar challenges.

Redirect resources toward activities which have the greater return.
Most often, the resources redirected through outsourcing are people resources. By outsourcing non-core functions, the organization can redirect these people, or at least the staff slots they represent, onto greater value-adding activities. People whose energies are currently focused internally can now be focused externally -- on the customer.

Non-core business functions are on an "as used" operational expense basis.
Outsourcing is a way to reduce the need to invest capital funds in non-core business functions. Instead of acquiring the resources through capital expenditures, they are contracted for on an "as used," operational expense basis. It can also improve certain financial measurements of the firm by eliminating the need to show return on equity from capital investments in non-core areas.

Share Risks.
When companies outsource they become more flexible, more dynamic, and better able to change themselves to meet the changing opportunities. There are tremendous risks associated with the investments an organization makes. Markets, competition, government regulations, financial conditions, and technologies all change extremely quickly. Keeping up with these changes, especially where each next generation requires a significant investment of resources and dollars, is very difficult and "bet your company" types of investments are all too common. Outsourcing is a vehicle for sharing these risks across many companies. Outsourcing providers make investments not on behalf of just one company, but on behalf of their many clients. By sharing these investments, the risks born by any single company are significantly reduced. The result is that when companies outsource they become more flexible, more dynamic, and better able to change themselves to meet the changing opportunities.

Improve production & eliminate backlogs.
Increased productivity - more forms / documents get processed in less time outside the company facility thereby allowing corporate energy to focus on core functions.

Immediate access to information & images.
By providing the best way to process and store documents it becomes seamless to have nearly instantaneous access to all stored documents from any desktop.

Scaleable.
A cost effective solution that may begin moderately can grow exponentially without any increase in capital expense or human resources.

Expert Professional Staff
Upper management at FPI boasts a combined experience of over 16 years in data and forms processing and have gained this experience by serving as an outsource for processing thousands of medical bills since 1991. In addition the Forms Processing, Inc. staff is comprised of highly skilled workers who supervise the data as it is being entered and processed.

Accuracy
Because FPI specializes in systems, such as OCR & ICR, which contain strict quality controls, utmost data accuracy is preserved. We not only employ computerized validation routines, but our trained staff supervises the data processing at all levels ensuring quality and accuracy.

Efficiency
FPI boasts a quick turnaround time from as few as five minutes to within 36 hours, for recurrent clients, without sacrificing data integrity or accuracy.

Convenience
Our professional staff is on hand to consult with you and answer your data questions at any time. And data may be transmitted to FPI's offices by fax, modem, Internet, FTP or through our dedicated T1 lines.

Cost Effectiveness
Using FPI means increased productivity for your business. More forms/documents get processed in less time. Fast turnaround in data processing means that more customers can be served sooner. This inevitably leads to better customer service.

Additional benefits
Convenient and simple to implement
Powerful, Flexible & Secure
Reduce or eliminate storage needs.
Better morale - workers are used in higher skill capacities,which increase self-esteem.
Elimination, reduction or repositioning of data entry personnel.
Increased productivity- more forms / documents get processed in less time
Improved records control - ICR systems contain quality controls which improve accuracy and accessibility of data captured and stored.

Specific soft-dollar benefits which are a direct outcome of hard labor savings are primarily ergonomic and would include: fewer Carpel Tunnel Syndrome, less Repetitive Stress Syndrome, reduced eyestrain, and reduced radiation risk. Cost savings from fewer lawsuits, of course, would be a natural outcome of fewer claims from these ailments.

Major benefits can be calculated in terms of organizational responsiveness and not just cost savings. In other words, redefinition of jobs, plus better use of people and corporate resources are very likely to play a greater role in the decision to outsource the data, forms and document processing. The benefit of outsourcing is field tested and proven. Few service bureaus can compete with the quality and turnaround time of FPI.