How Utility Companies Handle Address Verification

More from Eldon Broady

  • Sharepoint Developer
    1 comment, 0 likes
  • The Effect of Stress on Your Pregnancy
    1 comment, 0 likes
  • How To Stay Sane As a Parent With a Newborn
    1 comment, 0 likes

More in Politics

  • Norton antivirus account login
    31 comments, 143,629 views
  • Liquidity Locking Made Easy
    10 comments, 82,839 views
  • Ang jili178 login ay nagdudulot sa iyo ng mga laro ng slot at karanasan sa laro ng soccer
    2 comments, 46,382 views

Related Blogs

  • The Ultimate Guide to Buying BJD Dolls Online: Tips and Tricks for Beginners
    0 comments, 0 likes
  • The Ultimate Sofa Buying Guide: Key Features to Consider for Stylish Comfort in 2024
    0 comments, 0 likes
  • The Ultimate Guide to Choosing the Right Hardware Crypto Wallet for Your Needs
    0 comments, 0 likes

Archives

Social Share

How Utility Companies Handle Address Verification

Posted By Eldon Broady     March 9, 2021    

Body

Online shopping would come to a screeching halt if the products never made it to the shoppers’ front doors. But as a society, we could go without the random late-night impulse Amazon buys if we genuinely had to. What we can’t go without: heating, cooling, water, electricity and all the essentials at the bottom of Maslow’s hierarchy of needs. For that reason, utility providers must implement a robust address verification process. If you are looking for address verification process, visit this website.

Right now, at the end of each billing cycle, federal law requires that utility companies provide billing data to their customers. These laws are meant to protect the consumer and the company alike, but all it takes is a simple administrative mistake for both parties to suffer. For example, if a utility provider has an incorrect address on file, they will fail to comply with federal law, subjecting them to hefty fines. Meanwhile, the customer won’t receive their bill on time, which inevitably leads to late fees that are no fun for the customer to pay or for the utility provider to collect.

A general address verification process typically follows three steps:

  1. Gather: The customer enters their address and other identifying information into a website landing page or email chain.
  2. Authenticate: The utility company parses the customer’s info and submits it to an automated address verification software that validates its authenticity.
  3. Verify: The utility company then verifies that the customer’s info is identical across all channels.

While errors can and do happen at every step, a utility provider can significantly reduce mistakes by using dependable software exclusively dedicated to the address verification process. Although initially the price tag can seem like a burden, the investment is well worth it in the long run. By itself, the money saved by merely avoiding financial losses associated with noncompliance offsets the startup costs of many software options. But apart from helping utility companies avoid hefty fines and legal fees, address verification streamlines business operations and is proven to increase customer satisfaction and brand awareness by facilitating reliable deliverability. When considering your address verification process, be sure your software is compliant, convenient and reliable across all channels.

Read a similar article about address verification here at this page.

Comments

0 comments