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ID861 - Outsourced Invoice Mailing Overview & Sample:

Creates PDF file containing invoices to be mailed by your 3rd Party Snail Mail sender

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Overview

Overview

It can be very time consuming to print, stuff and mail invoices so some larger clients will outsource that project to a 3rd party. See below for return on investment. NOTE: We think you should be emailing all invoices using ID800.
This is a process to batch print invoices to a folder as a single pdf, which the client will review and forward to a 3rd party mailing house. This is for clients who want to send out new invoices for the day via snail mail and are using a 3rd party vendor who will burst and stuff and postmark the invoices and mail using bulk rates.  This will output a pdf file as YYYMMDDInvoiceType (ie: 20220727Contract, 20220727Sales, 20220727Service, 20220727Misc) due to the different formats for invoices. The outsourced portal takes notifies you of the batch file in your portal awaiting approval.

Run Schedule:  Daily

Type of Output: Data Push

 

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Sample

Sample

None at this time

 

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Variables

Variables

This process has no variables

 

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Alert Functionality

Alert Functionality

1. We built this process for a large client using https://mailxstream.com (see ROI details below)

2. Workflow Diagram (right click on image to enlarge or download attached PDF)

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Best Practices & Tips

Best Practices & Tips

Here is MailXstream's summary of return on investment:

Unless you are sending 10,000s of invoices and have your own presort postage capability, we will always be cheaper.

It is very hard to create a simple comparison because there are so many unknowns on the client side. Here are the items that have to be covered and volumes will affect piece costs.
• Paper
• Envelopes
• Ink
• Equipment maintenance and wear and tear
• Equipment floor space
• Supplies storage and management
Then you have manpower to print, insert, meter, and mail. For a large client, this could be many man-hours.

Your current cost varies based on whether you use stamps or are metered.

Currently, a stamp is $0.60 for 1 oz and $0.57 metered for 1 oz. $0.24 for each additional oz.
For a single sheet B&W invoice in a standard #10 double window envelope, we charge $0.269 to produce and mail it - that includes all material and handling cost. We charge $0.53 postage. Total single quantity price is $0.799. This is before any volume rebates. You are saving at least $0.03 on postage, $0.07 if you are using stamps.
You get real savings if you are sending multi page invoices. We can put 15 sheets in a 6x9 envelope and still only charge $0.53 for postage. The metered rate would be $1.05 - a savings of $0.52 per mail piece.

 

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Related Alerts

Related Alerts

ID800 - Email Past Due Invoices

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