V1 Limited
33 Case Studies
A V1 Limited Case Study
Davies Group, via its claims arm Davies Managed Systems, was processing about 30,000 claims a year using handwritten cheques from some seventy different cheque books — a slow, error‑prone process that created security, fraud and compliance risks. To address this, Davies Group engaged V1 Limited to replace manual cheque handling with an electronic cheque‑printing solution.
V1 Limited integrated its DbChequePrint module into the claims system so cheques and remittances are printed automatically onto secure, fraud‑resistant blank stationery, removing the need for multiple cheque books and improving authorization controls and audit trails. The change delivered faster, more reliable payments, compliance with FSA requirements, a dramatic reduction in error and fraud risk, and estimated annual savings of over £80,000.
Vanessa Greatbatch
Client Services Director