Neopost Limited

Neopost Limited

April 01, 2009 05:00 ET

Neopost Helps SME Invoice Finance to Improve Their Mailing Process and Reduce Their Postage Costs

Neopost's mailroom equipment provide efficiencies and improvements in cash flow

ROMFORD, UNITED KINGDOM--(Marketwire - April 1, 2009) - With an annual gross income of Pounds Sterling 13.5m and over 80 employees, SME Invoice Finance is a key provider of invoice discounting and factoring services to small and medium sized businesses.

Driving efficiencies and improvements in cash flow is the core activity of SME Invoice Finance. Prompt and efficient processing of outgoing mail plays a pivotal role in cash flow improvements for both SME and its clients.

Predominantly focusing on regular communications to both clients and debtors, SME were looking for an effective solution to handle their typical monthly mailings of 6,500 items.

Efficiency, cost savings and cash flow improvements

In making the decision to invest in new mailroom technology, SME were looking for productivity improvements versus their previous equipment. After a thorough evaluation of their options, including proposals from their existing supplier, SME chose a tailored Neopost solution, which consisted of an IJ-70e franking machine and DS-70 folder inserter to automate and streamline the mailing process.

Steve Sayers of SME Invoice Finance commented that "Neopost were selected because they took time to understand our needs and design a solution. We were also impressed by the total support package, including service. The clincher was a very impressive demonstration of the benefits these machines would bring."

After 6 months using the new equipment, SME has observed clear improvements in mail processing speeds and ease of use "...the solution from Neopost was far easier to use than that presented by our previous supplier. We can now turnaround our mail more quickly and this has enabled us to reduce staffing costs

In addition, the new investment has generated postage savings by giving access to the Royal Mail's postal discounting programmes. "The Neopost solution has also allowed us to access the Royal Mail's Cleanmail Advance tariff, saving us a minimum of 12% on postal costs."

Putting customer support and service first

In embarking on a professional business relationship with Neopost, SME has also benefitted from the market leading technical support from the service team at Neopost.

"Knowledgeable and helpful engineers and confidence in the equipment itself has given us tremendous peace of mind and I would not hesitate to recommend Neopost as a supplier" Mr Sayers commented.

About Neopost

Neopost is Europe's leading supplier of mailing solutions. It has a direct presence in 15 countries, with more than 5,500 employees and annual sales of EUR 918 million in 2008. Its products and services are sold in more than 90 countries, and the Group has become a key player in the markets for mailroom equipment and logistics solutions.

Neopost supplies the most technologically advanced solutions for franking, folding/inserting and addressing as well as logistics management and traceability. Neopost also offers a full range of services, including consultancy, maintenance and financing solutions.

Neopost is listed in the A compartment of Euronext Paris.

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