Mail Delivery Change Could Cost a Large Company Up to $100 Million Annually

Encourage payments via electronic means.—“Organizations should, now more than ever, conduct focused efforts to transition more of their customer payments to electronic methods such as using an automated clearing house (ACH), wire, or debit/credit, starting with those customers accounting for the majority of revenue. ACH payments are a fraction of the cost of checks and ensure faster delivery,” said Heald. “For some companies, it could be as simple as making sure that electronic payment remittance information is included on the face of the invoice.”