Integrating the Dynamics of Change

Where companies learn that dramatic improvement does not require dramatic change. 

Here, companies can finally eliminate paper from their environment, without giving up current business processes, without replacing computer systems, and without undertaking lengthy technology deployments. 

In a matter of hours, PaperClip Incorporated enables companies to go paperless with minimal financial investment and no programming. 

In an age when effective communications are critical to success, PaperClip Incorporated empowers companies to manage, communicate and transact with unparalleled speed and security while reducing operational costs.

Solutions

PaperClip Incorporated's line of products and services enable companies across a wide range of industries to easily receive, input, process, access, store, manage and deliver documents in electronic format. The company’s solutions work seamlessly with a user's current systems, are intuitive to use, and cost-efficient to run.

Implementing PaperClip Incorporated yields dramatic results.

  • Eliminates paper costs, including copying, faxing, shipping and archiving.
  • Puts an end to lost, misfiled, or misrouted documents.
  • Enables concurrent user access for collaborative business processing.
  • Dramatically improves customer service.
  • Eliminates paper archiving and the associated retrieval challenges.
  • Increases documentation quality with collaborative underwriting.
  • Collapses the time to process with electronic document exchange.
  • Ensures user acceptance thanks to ease of use.

What is Mojo?

Everybody talks about big data with many uses starting with predictive analytics of this big data. What you never hear is how do we create usable big data and that is PaperClip Mojo, where big data begins.

PaperClip Mojo is a new Platform as a Service born in the Cloud to engage Crowd Sourcing for Big Data processing. The ability to transcribe, translate and interpretation of Big Data faster and more accurate than ever before is a killer app. Cloud computing turns what took hours and days into seconds and minutes. Crowd Sourcing reaches a global workforce for accuracy and new capabilities never experienced before.

The promise to transform handwriting from paper to usable data by technology has never been achieved and never will. Large companies today hire off shore organizations leveraging their inexpensive labor pool providing 24 hour turnarounds.

New opportunities focus on multi-media interpretation into data allowing information never seen before used as a competitive advantage. Imagine now Realtors can send pictures to a Crowd Source group to capture room color, type of floor, how many windows, kitchen sink style and more. Working this data with predictive analytics can now show which homes may sell quicker and for more money.

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VCF

Virtual Client Folder is an all-inclusive document management, new business processing and document delivery solution.

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eM4

Email encryption is a reality today, so why not use the most compliant service that doesn't require logins or passwords.

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Internet Express

Internet eXpress was designed to be the internet version of Federal Express, simply, the electronic alternative.

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Capture Place

main doccapture

The Capture Place (TCP) is a set of applications with which end users and business applications can collect electronic documents.

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About PaperClip

Established in 1991, PaperClip Incorporated develops and markets products and services that enable effective communications within a company and with third parties. Through innovative solutions, PaperClip helps customers solve operational problems and reduce overhead associated with the capture, management, transmission, and storage of paper, images, faxes and reports.

PaperClip empowers companies to efficiently and securely communicate across the Internet, in a straight-through processing model, decreasing the cost and time to process documents by an order of magnitude. The company’s mission is to create electronic document solutions that enable the business document to remain in digital format for its life cycle. Thanks to its cutting-edge line of products and services, today companies can go paperless in a matter of hours.

PaperClip Incorporated has a customer base that ranges from small organizations to Fortune 1,000 multinationals in a wide range of industries, with a concentration in healthcare, insurance, and financial services. Today, PaperClip is poised to become the leading supplier of integrated document management (IDM) and Internet business-to-business (B2B) document delivery solutions focused in the “straight-through processing” market.

 

Our Team

William Weiss
Chief Executive Officer

William is the co-founder of PaperClip Incorporated. His experience stems from over 35 years in the technology industry. Previously, he was founder and president of Medical Registry Services, an organization that specializes in systems for cancer record-keeping in hospitals. He has also held numerous senior management positions at companies such as Numerax and Automatic Data Processing.

PaperClip CEO and Co-Founder discusses the foundation of PaperClip, Inc.

D. Michael Bridges
President

Since 1995, Mike has served as President, Vice President of Marketing and Sales, Director of Corporate Services, and Consultant for PaperClip Incorporated. In his current role, he is responsible for strategic direction, operations, and corporate communications. Prior to joining PaperClip Incorporated, Mike was the Executive Vice President and co-founder of CMF Design System, a custom software and systems integration firm. Mike received a Bachelor of Science from Rowan University and served as a Captain in the United States Marine Corps.

A discussion of PaperClip's Document Management Solutions and their evolution over time.

How an analog paper based system lead to a digital platform and on to Mojo.

Michael Suleski
VP of Development

A visionary and co-founder of PaperClip Incorporated, Mike is responsible for product conception, design and software engineering. With over 30 years of software development experience, he has developed software products and systems for Synercon Corporation, Henderson Industries, Singer/Kearfott and Pyrotronics. He received his Bachelor of Science in Electrical Engineering and Master of Science in Computer Science from Fairleigh Dickinson University.

Discusses the development methods used to maintain and expand our services.

Suzanne G. Tuck
VP of Sales

Since joining PaperClip Incorporated in February 1996, Suzy has spearheaded the company’s successful business development efforts. Prior to joining PaperClip, she served as Sales Manager for Anacomp, a Fortune 1000 company delivering micrographics and COLD hardware, software, and service solutions. She also served as Software Manager and Senior Systems Analyst for Datagraphix, and was a Senior Systems Analyst for Nixdorf Computer Corporation. Suzy received a Bachelor of Science in Computers and Information Systems from Tulane University.

Our sales staff discuss the Mojo project.

Scott Smith
VP of Professional Services

In 1994 Scott began his career at PaperClip in helpdesk support and was quickly promoted to support group leader to include professional services. Today Scott is the Vice President of Professional Services managing the design, deployment and operations of the PaperClip data centers. Prior to PaperClip Scott worked as Field Service Technician for Tandy Computer Services. Scott studied Electronics Engineering Technology at DeVry University in Atlanta, Georgia.

Professional Services discuss data center opperations and the benefits of the Azure platform.

Mitch Mond
CIO

Mitch joined Paperclip in 2015 and is responsible for the software development, product content and operations of the Mojo product. Prior to joining Paperclip Mitch worked for Ness Technologies for over 15 years in positions including VP of Development and VP of Sales. He also worked for IBM as a software development manager. Mitch has an MBA in Finance from Fairleigh Dickerson University and a BS in Computer Science and Applied Mathematics from State University of New York at Albany.

PaperClip CIO and Mojo Project Leader discusses the Mojo project and it's use of the Azure platform.

Event Calendar

Recent Press

Press Page

What you didn’t know about Email Encryption

Mar 03, 2014
Mike Bridges

Our story focuses on a Financial Services (Mortgage, Securities, Insurance) Company with 25 employees.  What this Company does in the supply chain is irrelevant; the fact remains the same, they manage non-public information (NPI) as a third party.  The Company is required by law, regulations or rule to protect third party NPI and log who had access to it.  The Company has the potential to do business with 200 trading partners as they conduct their business.  Now let’s see their secure email options and what they really cost.

 First, their choice of solution has an underlying architecture which directly impacts how much money they’ll spend each year.  Three fundamental choices are available, Transport Layer Security (TLS), Vendor Solution and PaperClip eM4 Compliant Email.

TLS

TLS as a “Point to Point” architecture has been positioned as a Silver Bullet; simply install a commercial certificate on my mail server and I’m done.  Average commercial certificate cost $900 per mail server per year.  No, you’re far from done, now you need to test your trading partners and verify your mail actually traveled encrypted to the receiver.  Because you can only tell TLS was used by the receiving party, you must talk to them and interrogate received email headers; yes this requires a professional with knowledge of email headers because different email servers document it differently. 

TLS Verification Testing is required at least twice a year for minimal compliance documentation.  This testing is to verify potential changes made in the last six months by your trading partners did not break TLS.  This testing does not guarantee your email will be encrypted tomorrow, it will tell you that since the last testing your emails were or were not encrypted.   

TLS Solution

 

IT Professional Salary

$80,000

Number of Trading Partners

200

TLS Verification Time (Hours)

1

Total Time to Verify (Hours)

200

Total Time to Verify (Weeks)

5

Salary to Verify TLS

$7,692

Bi-annual TLS Verification

$15,385

Certificate Cost

$900

Annual TLS Cost

$16,285

 

TLS does not satisfy the reporting requirements for compliance for “who had access to NPI” because very few email servers report on receiving TLS which means if you’re audited for email compliance, you’ll have to rely on your trading partners for the evidence of TLS used.

Vendor Solutions

Selecting a Vendor product or service is the next option; the fundamental flaw here is an “One to Many” architecture.  The Company can buy an appliance that offers “Rules or Policies” which scrub every email looking for NPI.  If NPI is detected, the email will evoke TLS or route to a Webmail where customers login and review mail. 

Appliance Solution

 

IT Professional Salary

$80,000

Annual Appliance Cost

$12,000

Rules/Policy Maintenance (Hours per Week)

2

Annual Rules/Policy Maintenance (Hours)

104

Annual Rules/Policy Maintenance (Weeks)

2.6

Annual IT Rules/Policy Maintenance Cost

$4,000

Appliance Cost

$16,000

 

Webmail requiring authentication frustrates receivers because they have to use logins and passwords to review their emails.  Logins have a hidden cost, time lost.  According to an analysis of 5 million emails from Baydin, an email management service, the average email user gets 147 messages per day.  Within the financial services industry, 50% of those emails carried NPI and required encryption.  Receiving an email, clicking on the link and logging in takes on average 15 seconds.  The Company now receiving Webmail loses $32,000 a year in lost time.

Webmail Solution

 

Encrypted Emails per Day

74

Minutes a Day to Login

18

Hours a Week to Login (40 Hours/Week)

1.5

Hours a Month to Login

6.4

Hours a Year to Login

77.2

FT Cost per Hour @ $35K

$17

Cost per year to open Encrypted Email per employee

$1,298

25 Employees

$32,465

 

Vendor Solutions may or may not offer reporting for "who had access to NPI".  Therefore, if our Company selects a Policy based Encryption Appliance with TLS and Webmail options, they are paying in hard and soft dollars - $65,000 per year.

Vendor Solution Direct & In-direct Cost

 

Annual Appliance Cost

$16,000

Annual TLS Cost

$16,285

Annual Webmail Cost (25 Employees)

$32,465

Annual Vendor Cost

$64,750

 

eM4 Compliant Email

eM4 was designed by users with several core objectives, basically everything they didn’t like about the current landscape.  Its "Many to Many" architecture provides the optimal model eliminating the cost of support and maintenance while maximizing compliance.  At the top of their list were no logins or passwords, absolute encryption rules and compliance reporting.  They wanted a friendly B2B environment where the user didn’t have to think about NPI or depend on their IT Staff to maintain Scrubbing Policies.  As third parties in a supply chain the majority (89%) of their traffic was with their trading partners (B2B) and 11% was with the end customer (B2C). 

eM4 Service 2007 - 2013

Sent

9

Million

B2B & B2C

Received

7

Million

B2B

Webmail

2

Million

B2C

Total

18

Million

 

 

Subscribers wanted deployment options because one size doesn’t fit all.  Some wanted in-house deployments, those who outsourced to public or private Cloud providers wanted to participate and not be forced into the Cloud providers solution therefore they wanted PaperClip to host the Relay and some wanted a simple email client option as a Private eM4 Cloud.

Relay Type

 

Hosted

16%

Cloud

24%

In-house

59%

 

Pricing was also important whereas the community wanted the largest user down to the smallest to be able to participate.

eM4 Solution

 

IT Professional Salary

$80,000

Setup Time (Days)

1

IT Setup Cost

$219

eM4 Enterprise Relay Cost

$500

eM4 Full Subscriber Rate (25 or less)

$75

Number of Employees

25

Annual eM4 Cost

$2,594

 

eM4 Compliant Email is a fast growing service that does more than encryption.  It maintains User Friendly balanced with Compliance at an affordable price. 

 

PaperClip Blog

Technology and Character Recognition

Monday, 13 February 2017
by Mike Bridges

Overview

Handwriting Recognition and Optical Character Recognition (OCR) have been around for decades and remained a less than effective solution for transcription to accurate data.  OCR even though starting in the late 1800s, took on practical application in the late 1950s.

Read More...

Cyber Attacks in Financial Services

Monday, 10 October 2016
by Mike Bridges

Cyber criminals, Hackers and Governments continue to enhance their abilities to enter your computing environment.  The tools are becoming more sophisticated and their skill to go undetected is improving.  These attacks have methods where history shows “elevated privileges” is the primary objective.The end goal then is to steal, replace, hold hostage or destroy your data.  Now the problem, most if not all cyber defense tools and strategies are built to stop yesterday’s attack.  That why when I sit through conferences they always say the same thing, “It not a matter of if, it’s a matter of when”.

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helpdesk@paperclip.com
Phone:
1-800-929-3503
1-201-881-1299
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contactus@paperclip.com

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