How Address Verification Can Eliminate Postal Issues
Computers October 4th, 2009Although it seems that it would be relatively simple to keep an address database up to date, address verification is one of the most important things that a company can do to streamline their operations. And in this economy, these kinds of cost cutting measures can be crucial to your long term success.
There are a lot of companies that lose a lot of money because of packages sent to the wrong place. According to a survey conducted by the US Post Office more than 22 percent of all mail is returned to sender because of a mistaken address. This means that the company is wasting paper, ink, postage, and all the hours the sales and design team may have put into the mailing. With an address verification system, these problems can be greatly if not completely eliminated.
Imagine a database that has hundreds of thousands of names worth of information. Each name represents not only an address, but a zip code, phone number, and other pertinent information that gets the right products to the right people.
Now, imagine that each one of those names moves every three to five years. That represents hundreds of thousands of possible mistakes over that same period of time. This is where address verification makes all the difference.
Address verification software is convenient allowing the user to update names and addresses into the database whenever they need to. And since a person is required to register with the postal service when they move, the software is able to link to the USPS database and verify the person’s new address information.
It might seem simple and maybe trivial but having correct address information will save a company a lot of money. Returned mail fees can add up quickly but with address verification time is saved and money can be spent on more important things.
For every phone call that the service center makes dealing with an address issue, it could be working on the next sale. For every returned catalog, there could be a new order coming through. Your company could and should be working at optimum level to both reduce operating costs and maximize the return on investment.
Address verification is a great way to lower your costs and increase your ROI. Increasing your profit and revenue starts with the simple, everyday activities that must be taken care of. With the right software you can automate these important processes and start to operate more efficiently than ever before.
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