MailMyStatements Blog

Statements are a crucial part of the banking industry. They provide valuable data on account-holder activity and relay urgent payment details. However, as competition within the banking industry increases — and advances in technology develop exponentially — financial institutions must focus on growing their brand and staying relevant. When conducted in-house, bank statement printing and mailing duties can take up an unnecessary amount of time and resources. By outsourcing these tasks, companies can focus on improving customer relations, building comprehensive marketing strategies, and monitoring compliance issues. Banks that outsource services to third-party vendors can streamline these processes and free up employees. Customizable designs and secure mailing systems are just a few of the tools used by vendors to improve operations and increase efficiency. By removing superfluous in-house administrative duties, banks can redirect resources back into the company, develop ne...

Collecting outstanding medical bill balances can be one of the most frustrating revenue cycle challenges for any healthcare system. Lost revenues not only reduce profits but also the number of funds available to provide top-quality treatment. There are a variety of reasons as to why a patient may struggle to pay their owed balance in full or within a timely manner; many of which are out of the medical practices’ control.  However, a personalized medical billing statement is one simple and effective way any healthcare system can exercise control over their revenue cycle and help encourage patients to pay their financial obligations. Receive Payment Faster With an Integrated Personalized Medical Billing Statement and Payment System As technology continues to advance, many medical practices are taking their billing systems online. Patients are opting in to receive  eStatements  to their email, which offers a variety of benefits as compared to a traditional paper stateme...