For something that basically boils down to ink on paper, statement printing and mailing is a surprisingly complicated task. There are complex print software programs to build, file transfer standards to adhere to, and a host of other behind-the-scenes considerations to deal with. Source https://www.onlinestatements.us/
Statement processing companies can help you get the most out of your monthly statements by ensuring that they look professional and communicate your brand, messaging, and offers in a way that’s consistent with other business communications. They’re also familiar with privacy laws such as HIPAA and know how to keep your customers’ private information from hackers.
“Efficiency and Accuracy: Choosing the Right Statement Processing Company for Your Needs
They can offer you a higher level of security than your staff can, with encrypted file transfers, secure printing facilities, and strict data handling protocols. They’re also constantly upgrading their hardware technology, so they stay five moves ahead of hackers.
When you outsource your statement processing to a service provider, they can save you money by eliminating the need to pay your staff overtime and by helping you keep up with postage rate increases. They can also streamline your workflow by automating tasks like inserting, presorting, and affixing stamps.
Some of the best statement processing services also provide a variety of customization options that enable you to tailor your statements to each customer’s individual needs. These services can include personalized statement content, encounter roll-ups, duplex printing, A/R aging reporting, and more. They can even add promotional inserts to your statements to promote your brand. This type of marketing is called “transpromo” and is an effective way to communicate your branding, message, or offer to a targeted audience in the form of transactional correspondence.
