Inserting Error Cost Calculator

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CALCULATION FOR DIRECT MAIL APPLICATIONS
How many pieces of DIRECT MAIL do you produce per month?>
On average, how many DIRECT MAIL jobs do you run per month?>
What is the average value to your customers of each DIRECT MAIL document you mail?>
For marketing pieces, enter the average order amount for the advertised products or services
Estimate how many uncaught inserting errors per thousand DIRECT MAIL pieces?>
Include double/stuffed, empty envelopes, obscured addresses, missing components, etc.
Research shows the average error rate for service providers is 1.790 per thousand
How many DIRECT MAIL pieces are damaged during production per thousand processed?>
If you have a success rate of 99.9% enter 1 to the right (One damaged document per thousand)
How many DIRECT MAIL envelopes contain mis-matched or out of sync contents per thousand processed?>
Manual spot-checks do not catch all mismatches. Most shops should enter 1 or 2 in the box to the right.
Estimate your PER-INCIDENT/JOB cost to research, respond, and resolve customer-reported errors>
DIRECT MAIL organizations can spend $50 - $200 PER INCIDENT/JOB investigating and correcting errors
Do you create TRANSACTIONAL documents?

No

Bills, statements, invoices, notices, claim forms, etc.
Your customer's annual potential unrealized revenue
YOUR ESTIMATED ANNUAL EXPENSE TO DEAL WITH DOCUMENT INTEGRITY ERRORS
INFORMATION ENTERED IN THIS CALCULATOR IS NOT SAVED, ARCHIVED, OR TRACKED
The calculator DOES NOT include loss of service provider customers due to errors,
impact from negative publicity, fines, lawsuits, or the cost of mandated remediation measures or audits.
THESE ADDITIONAL COSTS CAN BE SUBSTANTIAL.
The DDS Inserting Error Calculator uses factors based on industry averages to compute results. Acutal costs are dependent upon attributes of individual operations.
Go to iDataScan™ to learn about Document Data Solutions integrity solutions.