Returned Mail Solutions Continues to Improve Find Rates up to 70% without the need for Social Security Numbers
January 19, 2007 (PRLEAP.COM) Business News
NAPERVILLE, Illinois, January 19, 2007 – Returned Mail Solutions, Inc. (RMS) continues to improve successful find rates to new levels with Level 1 processing and Full Recovery address data recovery solutions. “We initiated the industry first Verification process in August 2006, and continue to provide unmatched returned address find results,” said Robert Hedstrom, President of Returned Mail Solutions. “We’ve been able to consistently add value to our search process, which has yielded results up to 70%, without the need for Social Security Numbers. Our find results are extremely high due to the combination of our multi-channel address data recovery solution and proprietary Verification and Full Recovery process. Attaining up to 70% without credit data such as Social Security Numbers is unheard of.”
“I’m extremely pleased with the system we’ve built to address the growing need for Returned Mail for small, medium and large companies. We continue to automate many processes, which makes our solution more turnkey and cost effective. It appears we’ve developed the perfect solution for Chief Financial Officers, as normal Return on Investment is typically in the thousands and is immediate. I have yet to find a company, albeit health care, telecommunications, insurance, financial services or any other vertical that does not need our solution,” said Robert Hedstrom.
Each year, more than 44 Million Americans change their address. The mobility of the American public along with data input errors has caused a tremendous financial strain on the United States Postal Service as will as the mailers themselves. Of the greater than 5 billion mail pieces per year that are Undeliverable as Addressed (UAA), approximately 39% are forwarded, 24% are returned and 37% are treated as waste. The Postal Service will continue to work at reducing UAA mail by 50 percent by 2010. The handling and processing of UAA mail costs the Postal Service over $1 billion annually.
RMS’ solution considers all elements of the document lifecycle. Their solution ingests both data and mail and searches billions of records for the most recent address. Their additional services offer support to typical in-house receivables management departments. RMS offers a unique solution that will significantly reduce and eliminate the costs associated with Returned Mail, improve cash flow and customer service.
About Returned Mail Solutions
Returned Mail Solutions, Inc. is a premier provider of solutions that reduce and eliminate costs associated with Returned Mail. The company helps organizations with turnkey customer care and support; solutions that increase efficiency, mitigate risks, grow revenue and meet the challenges of a changing and mobile American public. More information is available at www.returned-mail.com.