Pitney Bowes Business Insight Enhances Mail Efficiency Solutions with UAA Clearinghouse Alliance
November 15 2010 - 9:05AM
Business Wire
Pitney Bowes Business Insight, a data and analytics firm
that helps organizations acquire, serve and grow customer
relationships, today announced its partnership with UAA
Clearinghouse. The company will support both the UAA Suppression
and the UAA Re-Direct address hygiene offerings at Pitney Bowes and
incorporate them into its Enterprise Address Management solutions.
As a result, Pitney Bowes Business Insight customers can leverage
an extensive data repository to further minimize UAA mail, reduce
overall mailing costs, remain compliant with USPS mailing standards
and stay connected with their customers.
In the U.S., approximately 1.9 percent, or 1.4 billion pieces
annually, of all outbound United States Postal Service® (USPS°)
First Class Mail® does not get delivered. The USPS is strictly
enforcing regulations that require companies to proactively manage
their address quality which includes timely and accurate processing
of returned mail.
“Undeliverable mail is a critical business problem that extends
beyond the mailroom and impacts every facet of an organization.
Whether it’s marketing, customer service, billing or sales, every
department must communicate efficiently and effectively with
customers and prospects,” said Matt McPartlin, Global Portfolio
Director of Pitney Bowes Business Insight. “This alliance enables
Pitney Bowes Business Insight, in collaboration with UAA
Clearinghouse, to satisfy industry demand for a solution that will
help customers eradicate undeliverable mail so that they can
reallocate funds that would have otherwise been lost.”
“Understanding where your customers are located is critical for
cross-selling and communication purposes, yet it’s extremely
difficult for businesses to keep track of the millions of moves
each year that are not reported to the USPS,” Mark Shada, President
of UAA Clearinghouse. “Through this partnership, Pitney Bowes
Business Insight is able to leverage their current business
applications with the additional UAA Clearinghouse intelligence to
introduce a comprehensive solution that only they can bring to
their customers.”
With almost 40 million people filing a change of address every
year with the USPS, and a further 40% choosing not to file any
forwarding address details, businesses face the potential risk of
losing customers and prospects due to outdated addresses not
changed in their mailing databases. To help minimize these
challenges, the UAA Clearinghouse works with various magazine
publishers, telecommunications and financial services providers,
and private mail box providers to collect ACS (address change
service) intelligence on over 350 million mailings per month
covering 75 million+ households. In addition, UAA Clearinghouse
also receives self-reported consumer change-of-address records from
over 100 companies. Pitney Bowes Business InSight will provide a
secure, central repository containing the UAA data for all their
customers to use. The UAA Clearinghouse data, combined with Pitney
Bowes Business Insight’s innovative approach to Enterprise Address
Management; enables customers to efficiently manage address quality
prior to delivery - reaching more customers, meeting USPS mandates
and maximizing postage discounts.
About Pitney Bowes Business
Insight
Pitney Bowes Business Insight, a division of Pitney Bowes
Software Inc., a wholly-owned subsidiary of Pitney Bowes Inc.
(NYSE: PBI), helps organizations to acquire, serve and grow
customer relationships. Our leading-edge solutions in the areas of
Customer Intelligence, Customer Communications and Customer Care
enhance our customers’ operational systems and workflows, enabling
them to manage their customer relationships more effectively. We
offer unique and compelling capabilities, including location
intelligence; GIS; predictive analytics; data quality, management
and integration; and customer communications management. In
combination, our solutions and capabilities deliver customer
insights that create competitive advantages. Leading companies,
government agencies and systems integrators rely on our global
expertise and decades of leadership to improve their operational
effectiveness and business results. Visit www.pbinsight.com and
www.pb.com for more information.
About UAA Clearinghouse
UAA Clearinghouse provides the direct mail industry with a
practical solution for reducing the cost and waste associated with
undeliverable as addressed mail. They maintain a secured, central
repository for compiling the most comprehensive national database
of confirmed undeliverable mail. UAA Clearinghouse receives ACS
intelligence on over 350 million monthly, consumer-related mail
pieces covering 75 million households receiving over 500,000
undeliverable mail updates per week. For more information about UAA
Clearinghouse patent pending products and services, visit
http://www.uaaclearinghouse.com.
Pitney Bowes (NYSE:PBI)
Historical Stock Chart
From Jun 2024 to Jul 2024
Pitney Bowes (NYSE:PBI)
Historical Stock Chart
From Jul 2023 to Jul 2024