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Address Verification Can Help Save Time and Money

By DJ Willis Subscribe to RSS | March 6th 2012 | Views:
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Setting up an online business is exciting; making your very first sale even more so. It could be difficult, however, to handle every detail on your own, especially when you get a lot of orders on a regular basis. Business software designed specifically for the difficulties that online companies encounter can help with order processing and enable you to ensure compliance with all government regulations.

USPS Address Verification Software

Order processing can be challenging by the simple fact that customers make mistakes. Usually when making an online purchase, customers will be in a hurry or pay no attention, and without recognizing what they are doing, will enter their personal information incorrectly. This can be a issue for businesses because without a correct address, the item could be delivered to the wrong person or not be delivered at all. On the customer’s side, disappointment and order cancellation usually result.

This issue can cost online companies lots of money in shipping charges and lost sales. USPS address verification software is created to conquer this problem by working to fix spelling errors and typos that may otherwise make the package undeliverable. Using this software, the address entered by the customer at checkout time is confirmed against the USPS and Canadian Post’s database of correct addresses and return with correct addresses.

OFAC Compliance Software

Businesses that do business overseas, regardless of how small, need to be in compliance with government polices. The Office of Foreign Assets Control (OFAC) enforces economic and trade sanctions against particular firms and individuals in foreign countries. These entities could possibly be listed as terrorist organizations or narcotics traffickers.

Here again, software makes OFAC compliance simpler, because the software can check against a database of sanctioned individuals or corporations and can even look for known nicknames or aliases. OFAC compliance software helps online companies stay on track legally.

These are just two of the company solutions that the right software can offer online businesses. No matter whether your company is big or small, applying this software into your procedure can help to save your business both money and time.

DJ Willis - About Author:
Many small businesses don't realize how vital address verification or anti money laundering software is to their success. These types of software save small companies hundreds even thousands of dollars.

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