Why Your Checks May Still Be in the Mail

by Jon Casher Incorrect zip codes, misspelled cities, invalid state codes may keep your vendor payments from being delivered. Up to 95 percent of the addresses in the typical company’s vendor file do not conform to postal service addressing guidelines and the impact can be costly. When checks don’t arrive at their intended destination, vendors start calling, discounts may be lost, costs may be incurred investigating and reprocessing payments, and you may even incur charges for placing a stop…