Slow day at work can't you tell.... Experian Introduces ePIN+ SM for Collections Organizations August 6, 2002 â?? Experian', a global information solutions company, today announced the launch of ePIN+ SM, a sophisticated Web-enabled data analysis solution that helps collections organizations reduce expenses and improve operations by tracking the location of payments and statements in the postal system. "Our ePIN+ system simply takes the guesswork out of knowing when a payment has entered the postal system," said Laura DeSoto, vice president of marketing, Experian Information Solutions. "Now users know for sure if a customer¹s check really is in the mail â?¹ before it arrives â?¹ and the date it was sent. With this information, users can improve cash flow forecasting and reconciliation, while avoiding costly and unnecessary follow-up calls when remittances have already been sent. We believe ePIN+ is one of the best customer relationship management tools available." Utilizing the latest United States Postal Service (USPS) tracking technology, ePIN+ gives users precise information about any mail piece. It allows more efficient management of accounts receivable information, by providing the date customers receive billing statements and when their payments have entered the postal system. When a business provides its data file, Experian uses ePIN+ to build a unique database for each mailing and then assigns a unique PLANET bar code to each communication. The system securely stores data on a scalable server platform that is accessible over the Internet or via a company¹s Intranet. Information gathered through ePIN+ can be seamlessly integrated with a user¹s predictive dialing capability providing relevant information on the status of the mailed invoice or returned envelope for the debtor with whom they are speaking. Standard and customized reports are available along with data feeds from custom ePIN+ database queries that can be sent automatically or as requested to individual users or existing information systems. "The addition of ePIN+ to Experian¹s comprehensive collections suite, which also includes credit reporting, scoring, analytics, MetroNet®, and skip tracing tools, is further evidence of the company¹s commitment to improving productivity and results in the collections industry," said DeSoto.
Has anyone noticed on the back of the reply envelope their is a "CUSTOMER LOCATOR CODE" bar code? Could that be similar technology?