What is a collection letter? A collection letter is a critical communication used by the ARM (accounts receivable management) industry. They stand as the official and formal notice to a debtor from a business regarding bills and payments due. It includes key information and must comply with compliance regulations. While all these documents are [...]
The activities of your accounting department often venture into the realm of manual or inefficient. While your staff has technology that improves their productivity and workflows, the problems usually reside in check printing and mailing services. As with any area of business, you want to accelerate efficiency, accuracy, and quality. However, you have to [...]
Printing and mailing checks can be tedious work. It also must be an error-free work zone and be completely secure. That often requires steep investments in technology and processes. This literal cost center keeps rising in costs. As a result, you may be wondering if it’s time to outsource or change your vendor for [...]
The accounts receivable management, or ARM, industry must comply with regulations in communications to consumers. As a result, these companies send high volumes of transactional mail. Those who wish to outsource this function will need accounts receivable management compliant print and mail services. So, what does that mean exactly? And what should organizations seek [...]
Payroll check printing can be a laborious and expensive task. Internally running all this can be a big time drain, no matter how sophisticated your operations. That’s why so many businesses choose to outsource payroll print and mail. If you want to reduce costs while not compromising quality or security, you’ll want to ask [...]
Compliance is always top of mind for those in the collections and accounts receivable management (ARM) industry. The Fair Debt Collection Practices Act (FDCPA) defines permissible print and digital communications. Failure to follow the rules can result in a debtor recovering actual and statutory damages, attorney’s fees, and other costs. For organizations to ensure ARM [...]
In the modern world, customers have expectations that communications from businesses should be relevant to them. In other words, personalization is critical to engagement and more. When executed well, it can drive better responses. This notion covers every industry, and it’s something telecom companies are eager to explore. Personalized telecom communications directly on statements [...]
Cities, municipalities, and utility companies often have challenges around billing operations. The problems faced include rising costs, issues with quality, and concerns about compliance. You also want to deliver utility bills that engage customers to remit payment and inform them of important information quickly. If all these things are impacting your organization, outsourced utility [...]
An increase in postage costs can impact any business. It’s also something you have little control over. For industries with a high volume of transactional mail, any rise, no matter how small, will inflate your budget. We’re breaking down postage changes for 2022 and beyond to provide insight into this topic. Postage Rate Changes 2022 [...]
In the modern world, efforts for debt collection need an upgrade. By leveraging multi-channel communications, you can improve your debt collection efforts. With an encrypted, certified digital platform, you can remain compliant and gain the advantages of digital mail delivery. Find out how this works so you can recover more for your customers. What [...]
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