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THE UNITED STATES POSTAL SERVICE CHOOSES WFG SOLUTION
May 24, 2007, Bannockburn, IL-- The Weiland Financial Group, Inc.’s (WFG) BRMEdge™ Outsourced solution has been chosen as
the bank-fee monitoring system for the United States Postal Service (USPS). As part of its ongoing drive to optimize efficiency and
reduce banking costs, USPS needed a dynamic system to track bank fees from approximately 37,000 postal installations and many bank
accounts across the nation.
In fiscal year 2006, USPS paid approximately $30 million to process cash and checks. USPS needed its solution to be implemented,
managed, and maintained by the chosen vendor (WFG). Billing errors are identified for field deposits, payroll-controlled disbursement,
and lockbox.
BRMEdge™ Outsourcing will:
- Provide USPS with an expandable, hosted solution to process electronic and paper account analysis statements with mapped AFP
service codes.
- Allow USPS financial analysts across the country to download user-friendly reports with information organized around USPS’ structure,
as well as the bank, account, and service level. (Reports are available online via secure https and come in several common formats.)
Each month, WFG will:
- Automatically scan every account and service provided to USPS at all levels.
- Quickly identify discrepancies in billing and provide recommended action.
For more information about WFG’s solutions, please visit www.weiland-wfg.com or call Tammy Easton at 847.735.0577, ext. 240.
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