PBI Offers Commingle Solutions - Analyst Blog
March 15 2013 - 9:00AM
Zacks
Pitney Bowes Inc. (PBI)
entered into a collaboration with GrayHair Software Inc. to improve
its customer service solutions with IMb (Intelligent Mail Barcode)
compliance and mail tracking in the U.S.
Pitney Bowes is a market leader in providing innovative services
to business mailers. Currently, Piney Bowes helps its customers
receive large postage discounts on first class letters and flats.
The company handles about 14 billion mails on a yearly basis
through its 36 facilities. This new mail tracking software,
MailTrak with Commingle solutions will help Pitney’s Presort
Services Customers significantly who are looking for greater postal
discounts with better visibility of their mails. This service will
be offered in four different options.
Additionally, apart from the above mentioned services, the two
companies also intend to develop a new service in order to expand
the range of their services to provide increased visibility of
their mails during the presorting delivery process. This service is
expected to be available by the second quarter of 2013
GrayHair Software Inc. primarily provides services that improve
and automate the management of business mails. The company’s
services are offered through a cloud based platform named
SelectSolutions. With more than one billion scans on a monthly
basis, GrayHair Software is the largest national user of IMb
tracking programs. This new software targets those mailers who are
interested in the 2014 USPS Full Service IMb requirements while
also allowing better handling of automated discounts.
Pitney Bowes currently has a Zacks Rank #3 (Hold), However, some
other companies that are worth looking into include
Symantec Corp. (SYMC) which has a Zacks Rank #1
(Strong Buy) and Tyco International
(TYC) having a Zacks Rank #2 (Buy) and
Xerox Corp. (XRX) with a Zacks Rank # 3
(Hold).
PITNEY BOWES IN (PBI): Free Stock Analysis Report
SYMANTEC CORP (SYMC): Free Stock Analysis Report
TYCO INTL LTD (TYC): Free Stock Analysis Report
XEROX CORP (XRX): Free Stock Analysis Report
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