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 user 2005-03-21 at 9:57:00 am Views: 95
  • #10964

    XEROX Helps FAST-TAX Sail Through Tax
    Season with automated production system
    By automating its production operation with continuous feed printers
    from Xerox Corporation , Fast-Tax, the nation’s leading processor of
    trust tax forms, is sailing through the tax season with fewer errors, higher
    quality output and a 83 percent reduction in temporary staff.  

    Fast-Tax, part of The Thomson Corporation, performs
    about 50 percent of the nation’s annual trust tax processing.  Working with
    Xerox, Fax-Tax automated the labor-intensive process of assembling and stapling
    printed tax documents. 
    From mid-January to mid-February, Fast-Tax
    prints nearly 2 million images per day, seven days a week, in an operation
    managed by Xerox Services through an outsourcing contract. A new automated
    system has resulted in fewer assembly and mailing errors, and a reduction of
    seasonal staff from 270 to 45.
    “Improving production automation
    helps our customers comply with privacy requirements in recent legislation, such
    as the Sarbanes-Oxley and Gramm-Leach-Bliley Acts, and also boosts productivity
    and quality control,”
    “Automating the operation was complicated by the need for
    staples of various sizes to accommodate 1041 and 1099 tax form packages that
    range from two to 40 pages in length.”
    “It quickly became clear
    that nobody could handle precisely the kind of assembly we had,”
    said. “But Xerox helped us to understand what we were up against and had the
    willingness to try and solve the problem.”
    Solving the
    Technical Challenges

    At the heart of the new system are three Xerox
    DocuPrint 500 CFs, which print on roll-fed paper at the super high speeds of
    more than 229 feet per minute.  Each DocuPrint 500 is equipped with feeders and
    rewinders from Roll Systems, Inc., which reduce manual paper-loading and
    unloading requirements.  They also employ the same Xerox DocuSP controller used
    on the shop’s four cut-sheet Xerox DocuPrint 180 Enterprise Printing Systems,
    giving operators a common system for easily balancing workloads.
    addition, Xerox worked with Bell & Howell to custom-build a high-speed,
    variable-stitching machine that automatically matches staple size to document
    thickness for automatic stapling.
    About The Thomson Corporation
    and Fast-Tax
    The Thomson Corporation, with 2003 revenues from
    continuing operations of $8.10 billion, is a global leader in providing
    integrated information solutions to business and professional customers Thomson provides
    value-added information, software tools and applications to more than 20 million
    users in the fields of law, tax, accounting, financial services, higher
    education, reference information, corporate training and assessment, scientific
    research and healthcare.
    As part of The Thomson Corporation, Fast-Tax
    is the leading provider of innovative trust services, estate administration and
    corporate payment reporting solutions in the United States.  With headquarters
    in Carrollton, Texas, the firm serves more than 500 customers, including banks,
    law firms, brokerage firms, corporations and private trust companies. 
    said Ken Adams, vice president, development and
    support, Fast-Tax.