Pitney
Bowes Business Insight, the leading global provider of location and
communication intelligence solutions, today announced the newest version
of its Aura™ solution, which enables companies to automate the
cumbersome process of correcting customer addresses while reducing costs
from undeliverable mail and providing improved customer service and
targeted marketing opportunities.
Currently, businesses are required to update their bulk mailing lists
with correct address changes within 95 days of the mailing date. A recent
survey conducted by Pitney Bowes Business Insight revealed that 54
percent of surveyed companies rely on the U.S. Postal Service (USPS®)
Address Change Service (ACS™) to ensure mail is delivered to the correct
address and that new addresses are updated within the companies’
systems. However, only 55 percent of the responding companies actually
analyze the ACS notices, therefore missing out on key information about
non-deliverables. Effective January 4, 2010, companies whose mailings
are not compliant with the USPS Move Update standards, which aim to
reduce the number of returned and undeliverable-as-addressed (UAA) mail,
will be subject to additional postage of $0.07 per assessed piece.
The Aura solution enforces a closed loop process for enterprise address
management in compliance with the USPS Move Update standards as well as
regulatory standards imposed by the SEC or HIPAA. To ease the burden of
regulatory compliance, the Aura solution captures information from the
USPS® NCOALink® system, which aids mailers in identifying address
changes before mail enters the mail stream. In addition, the Aura
solution utilizes codes returned from ACS to create workflows that alert
mailers to take specific actions for correcting address changes in their
customer databases.
By automatically processing information from ACS and NCOALink, the Aura
solution provides a powerful enterprise address management solution that
translates the USPS codes, prompting mailers with actionable steps to
regularly and accurately update their customer databases according to
specific industry governance rules. The Aura solution can also alert
users to life events that offer cross-selling opportunities, as well as
early warning on undeliverable addresses on new accounts, which can help
reduce fraud and improve overall customer satisfaction.
"Accurate addressing is the last mile in the customer relationship
lifecycle and every company should have a data governance strategy in
place for enterprise address management,” said Matthew McPartlin, global
portfolio director of communications intelligence for Pitney Bowes
Business Insight. "With the Aura solution, companies can ensure that
their customer address data is up-to-date, reducing the overall volume
of costly return mail pieces and improving customer relationships
through consistent and intelligent communication.”
For more information, please visit http://www.pbinsight.com/products/mail-postal-compliance/mail-efficiency/aura1/.
About Pitney Bowes Business Insight
Pitney Bowes Business Insight (PBBI), a division of Pitney Bowes
Software Inc., a wholly-owned subsidiary of Pitney Bowes Inc., provides
a unique combination of location and communication intelligence
software, data and services that enable organizations to make more
informed decisions about customers, competition and market expansion.
With the industry’s most comprehensive set of solutions for maximizing
the value of customer data, PBBI provides the tools required to more
effectively locate, connect and communicate with customers in today’s
global markets. Leading organizations rely on PBBI solutions to increase
the accuracy and effectiveness of customer information delivery and
drive profitable growth. Visit www.pbinsight.com
and www.pb.com
for more information.
USPS, ACS and NCOALink are trademarks owned by the United States
Postal Service.