Janice Hurley Trailor BUSINESS Benefits of Statement Printing and Mailing Services

Benefits of Statement Printing and Mailing Services

Keeping online statements printing and mailing in-house can be costly in terms of time, money, and infrastructure. It also takes away from valuable staff resources that could be better utilized on core business functions.

Outsourcing to a statement processing company allows your team to spend more time on their day-to-day responsibilities while reducing your days sales outstanding (DSO). In turn, this helps you collect your revenue faster and improves your cash flow.

The right statement printer can provide you with a wide range of customizable options that allow you to deliver personalized statements that resonate with your customers. This could include incorporating QR codes and personalized URLs to create a digitalized experience for your customers. This is a great way to enable them to see their account details, make payments online, and more.

Understanding the Basics: What Are Statement Mailing Services

Statements that are written and organized help to reduce customer confusion, which in turn leads to fewer phone calls to your company for assistance. By partnering with an on-demand statement printing and mailing service provider, you can also increase brand credibility and trust by providing customers with a tangible record of their transaction history.

The right statement processing company can presort final statement output to help you lower your postage rates per piece. By doing this, you can save on mailing costs and ensure that your statements reach their destination promptly. In addition, your statement processor can use an address verification API to standardize and verify addresses based on the country where the statements will be sent to.

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