AutoMail by SynTel Installed at Bank Data Services; Bank Saves Time and Money with Mail Automation.Business Editors/High-Tech Writers TechMecca BOOTH # 231 AUSTIN, Texas--(BUSINESS WIRE)--Dec. 4, 2002 SynTel, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , the financial industry's pre-eminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae provider of mail automation software, announced today at the 2002 Tech Mecca Technology Expo and Conference, the successful installation of the company's mailing software, AutoMail(TM) PRO, at Illinois-based, Bank Data Services (BDS BDS abbr. Bachelor of Dental Surgery BDS Bachelor of Dental Surgery BDS n abbr (= Bachelor of Dental Surgery) → título universitario BDS ), a provider of data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a services to financial institutions. BDS processes more than 24,000 statements per month for the Bank of Edwardsville in Edwardsville, Ill., and with the installation of AutoMail(TM) PRO, the bank's production costs have been reduced immediately. BDS officials estimate that the Bank of Edwardsville will save $3,000 per month, $36,000 annually in postage POSTAGE. The money charged by law for carrying letters, packets and documents by mail. By act of congress of March 3, 1851, Minot's Statute at Large, U. S. 587, it is enacted as follows: 2.-Sec. 1. savings and will no longer need an outside mailing service nor additional full-time employees. "Before installing AutoMail(TM), a significant amount of money was being spent on postage for our bank customers," said Dennis Hessel, president of BDS. "SynTel's AutoMail PRO enabled us to save money for our customers on mailing expenses by both reducing postage and allowing them to bring mailing in-house, eliminating additional costs associated with mail outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. ." AutoMail(TM) works by automatically correcting, standardizing and verifying all codeable addresses. Using a PC with any version of Windows(R), mail is presorted and printed, qualifying for the lowest allowable postage. At the end of the process, a manifest is printed certifying that each step of the process was done correctly and all United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Postal Services' (USPS (1) (Uninterruptible Switching Power Supply) A power supply for a computer that contains its own battery and uninterruptible power supply (UPS) circuitry. See power supply and UPS. ) requirements were met. The mail qualifies for a discounted postal rate as low as 27.5 cents postage instead of 37 cents regular postage, resulting in a possible 9.5 cents savings per item. "The great thing about the AutoMail(TM) suite of products is that it, in effect, pays for itself," said Harry Herget, co-founder and director of Marketing at SynTel. "Our system has been designed in such a way as to provide immediate positive results for financial institutions that incur significant expenses due to routine bulk mailings to their customers." About Bank Data Services For almost 20 years Bank Data Services has helped its customers find solutions to all their data processing needs. BDS' complete package of applications and innovative products allows banks to choose the system that's right and customize to particular needs. For more information about Bank Data Services and its products, visit the company's Web site at www.bankdataservices.com, e-mail bds@bankdataservices.com, or call 618.659.6400. About SynTel, LLC SynTel, LLC is a technology company whose ownership and management consists of leaders in financial management and marketing, computer programming and education, database and mailing services. SynTel is the developer of the AutoMail suite of products, fully integrated mailing software specifically programmed for financial institutions to help save money by automating the mailing process. AutoMail is offered in EXPRESS, PLUS, or PRO formats with customizable kits available to accommodate the needs of each particular mailroom mail·room n. A room in which ingoing and outgoing mail is handled for a company or other organization. . For more information on SynTel, LLC or its products and services visit its Web site www.syntelllc.com. |
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