Case Study: a financial and life insurance company reduces lease-related costs with Docufree backfile conversion

Financial and Life Insurance Company digitizes 30M+ images with Docufree

A financial and life insurance company sought to reduce costs and manage leased space more effectively as part of a strategic "going paperless" initiative. With paper backfiles growing across its 100+ US branch locations, the company faced significant storage needs and associated lease expenses. It partnered with Docufree for a backfile conversion service to digitize its extensive records.

Docufree implemented a branch-by-branch digitization project aligned with the client's lease renewals. The solution included transporting files, conversion, indexing, and secure storage. To date, Docufree has digitized over 30 million images from more than 37 branches with a 99% accuracy rate. This allowed the client to significantly reduce the square footage needed for paper records, driving down lease-related expenses and providing the flexibility to renovate, relocate, or transition to smaller offices.