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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?


To: Benny Baga who wrote (7823)7/8/1999 4:33:00 PM
From: TLindt  Read Replies (2) | Respond to of 20297
 
CBS is staying right on top of this Bill Paying Segment...good follow through coverage by these guys on PayMyBills.Com.

Right now, an estimated 25 billers are electronically enabled out of some 3 million U.S. billers, he said. Their biggest rival is "the status quo," he said, declining to comment on some of the banks, like Bank of America (BAC: news, msgs), which are building big bases online. Even electronic processing firm and software maker CheckFree (CKFR: news, msgs) "would be an awesome partner," he said. See Yahoo, Bank of America story.

cbs.marketwatch.com




To: Benny Baga who wrote (7823)7/8/1999 4:39:00 PM
From: Jon Stept  Read Replies (1) | Respond to of 20297
 
Benny Baga, re:"sure they could save a little money..."

Hi Benny,

I think this may take further research because large corporations mailings can take advantage of bulk mailing rates.. how these rates are calculated is a mystery to me. The corporation sending the bill would save money by bundling bills together, and it would also save money by removing the inserts. Would it be cost effective?.... it is open for debate at this point until we can get some hard figures. I would think so.

Another question I have is if the inserts are just filling in the mailing up to the postage required, or if they actually have to pay just as much to mail the insert as the bill. I would be surprised if it was the latter.

I don't agree with your comment, "the systems aren't set up to bulk mail consumer bills to one location". I have seen many bills from Pacific Bell to one address, each was a different account number. Don't take my word for it, ask someone who works in a large corporate accounting department.

I agree with your comment in regards to the inserts. That advertising space would be lost.

Just my opinion, and thanx for your comments.

Jon :)