How to Solve the Challenge of Corporate Incoming Mail Delivery
From NPF Show Newspaper: Spending on technologies and services that enable the digital transformation (DX) of businesses approached the $2 trillion mark in 2022, according to market research firm International Data Corp. (IDC). One of the best places for an organization to jumpstart its DX is its mailroom — the main point of entry for documents. An inordinate number of documents still arrive at the office in paper form, making mailrooms one of the most manual-intensive areas of most corporations. That’s because most physical mailroom “silos” operate outdated, inefficient workflows.
Corporate mailrooms are responsible for much of the incoming and outbound messaging between an organization and its customers, suppliers, regulatory authorities, and other entities. Yes, some of that communication has transitioned to electronic delivery, but most companies still process a healthy volume of physical mail every day.
“On-premise mailrooms are slow, error prone and require too much labor and valuable real estate,” contends David Winkler, a contributor to Entrepreneur.com. “Not to mention [that] they simply cannot support today’s ‘new world of work.’” Due to such inefficiencies, companies lose between 20% and 30% in annual revenue, IDC reports.
Outdated manual mail processing procedures can have a negative effect on high visibility corporate objectives like customer experience and regulatory compliance. An emphasis on automation and new technologies, combined with changes prompted by remote and hybrid workplace environments, are encouraging companies to seek better ways of dealing with incoming mail.
Automation in the mailroom means taking some of the human-based decision-making, routing, transporting, and tracking tasks associated with inbound mail and assigning them to specialized hardware and software. Automation allows the mailroom to process more mail with fewer employees while simultaneously speeding delivery … (click to read more)