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New postal standards spark reassessments.
New postal standards spark reassessments
Postal delivery standards, long recognized as a key variable in any corporation's collection equation, are poised to undergo dramatic changes. Treasury managers would be ill-advised, however, to rush to redesign their collection systems. Although there's little doubt delivery standards will change, precise details remain unclear.
What's more, other service changes, already in the works within the U.S. Postal Service, could ameliorate many of the planned changes in delivery standards. Chief among those changes is the phase-in of Accelerated Reply Mail, which USPS has announced it will begin to roll out next month in about 200 cities where post offices are outfitted with automated sorting equipment.
"ARM is the major new mousetrap in consumer remittance processing," observes Richard Poje of Treasury Strategies Inc., Chicago. "In the worst case, it will let companies recover half the float lost on consumer remittances" as a result of slower postal delivery standards, he says, adding that float loss recoveries could be even greater.
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- Postal changes irk bankers. (delivery standards)
- Magazine article from: ABA Banking Journal January 1, 1990 700+ words
...bankers believe that the U.S. Postal Service is resorting to similar tactics in its proposal to "redefine" its delivery standards in order to improve service. While the USPS says the new standards would improve its operations, banks argue...
- STEELCASE SETS NEW QUICK-DELIVERY STANDARDS WITH 48-HOUR AND 12-DAY PROGRAMS
- Press release article from: PR Newswire March 2, 1992 700+ words
STEELCASE SETS NEW QUICK-DELIVERY STANDARDS WITH 48-HOUR AND 12-DAY PROGRAMS GRAND RAPIDS, Mich., March 2 /PRNewswire/ -- Steelcase Inc. today announced the launch...
- IN BRIEF: Half of UK councils contribute to NeSDS.(survey on national eService...
- Magazine article from: New Media Age September 22, 2005 700+ words
Over half of all local councils in the UK have contributed to the creation of the national eService Delivery Standards (NeSDS). 51% of local authorities have been actively involved in drafting the best- practice guidelines, which will shape...
- OmniTI Joins Email Sender and Provider Coalition; Company's Suite of Email...
- Press release article from: Business Wire April 18, 2006 700+ words
...legitimate email. The group's active involvement in the war against spam and goal of achieving worldwide email delivery standards makes this an excellent fit for OmniTI, as we have long marketed solutions necessary to support these goals...
- Cedar Point Communications Formed to Revolutionize Cable Telephony Delivery;...
- Press release article from: Business Wire November 5, 2001 700+ words
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- Overnite Transportation Expands Regional Services: New, Quicker Delivery...
- Press release article from: PR Newswire September 13, 2000 700+ words
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- Haines versus Fisher. (ISBA Conference).(Brief Article)
- Magazine article from: Campaign Fisher, Carol Haines, Bruce March 29, 2002 700+ words
...whether it should be pistols at dawn or arm wrestling but we discovered that...achieving our objective of improving delivery, standards and relationships. Less painful than pistols but perhaps less fun than arm wrestling. Carol Fisher and Bruce...
- Phoenix Marketing International and Nipuna Services Team Up to Launch Customer...
- Press release article from: Business Wire May 9, 2007 700+ words
...with Nipuna Services Ltd., the BPO arm of Satyam (NYSE:SAY), to launch...Services Limited (Nipuna), the BPO arm of Satyam (NYSE:SAY), is the world...and manufacturing. Nipuna's global delivery standards have resulted in numerous longstanding...
- Claritas Partners With CAP Index as eCommerce Provider; Through New Service...
- Press release article from: Business Wire August 6, 2002 700+ words
...the Claritas expertise will help us maintain high product delivery standards and work more efficiently with our product offering," said...audience research. VNU MIG is a part of VNU Inc., the U.S. arm of VNU, which also includes Nielsen Media Research, VNU...
- Satyam BPO Wins 2 Six Sigma IQ Excellence Honors.
- Press release article from: PR Newswire July 9, 2008 700+ words
...announced today that Satyam BPO, its business process outsourcing arm, won two prestigious Six Sigma IQ Excellence Awards. Satyam...pharmaceuticals, financial services, and manufacturing. Its global delivery standards have resulted in numerous longstanding client relationships...
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