Fortune 2000 Case Study

CIRI Implemented a Secure Printing Solution

AT A GLANCE

  1. CIRI is one of 12 Alaska-based regional corporations to benefit Alaska Native people from the Cook Inlet region. 

  2. CIRI had virtually no visibility or reporting capabilities without a secure printing solution.
  3. CheckPartner Enterprise™ (CPE) empowered CIRI to easily print, or reprint, numerous check types from any of their companies’ databases to a secure MICR printer, including company logo, signatures, and addresses.
  4. CheckPartner Enterprise™ software provides the needed online visibility and reporting, exports PositivePay and ACH reports, and has led to considerable cost savings, fraud risk reduction, and increased efficiency.

BACKGROUND

CIRI is one of 12 Alaska-based regional corporations to benefit Alaska Native people from the Cook Inlet region. The Anchorage-based company has shareholders and interests across the globe. CIRI’s investments include: energy development, oilfield and construction services, environmental services, real estate, tourism, telecommunications, aerospace defense, private equity and venture capital services. CIRI also created non-profit service organizations that provide health care, housing, employment and education to Alaska Natives and others.

Secure Printing Solutions

CHALLENGE

CIRI was using a custom check writing system with over 50 check templates, each representing a bank account. With so many templates and accounts, their process required significant effort and cost. When issuing checks, CIRI manually uploaded a file to each bank account to transmit data to the antifraud banking feature, “positive pay”. CIRI had virtually no visibility or reporting capabilities without a secure printing solution.

 

SOLUTION

CheckPartner Enterprise™ (CPE) empowered CIRI to easily print, or reprint, numerous check types from any of their companies’ databases to a secure MICR printer, including company logo, signatures, and addresses. The organization now has a single, centralized web browser interface to process, approve, and route their print job, with an email notification system for confirmation. CheckPartner Enterprise™ software provides the needed online visibility and reporting, exports PositivePay and ACH reports, and has led to considerable cost savings, fraud risk reduction, and increased efficiency.