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The Phoenix-Hecht Retail Mail Analysis™ is designed
to accurately depict float in retail remittance processing centers.
You can request performance results
for specific retail processors.
The Retail Mail Analysis™ uses actual mail time observations
in a semi-annual study conducted by Phoenix-Hecht. Over 250,000
items are mailed from the 170 largest population centers in the
country to major lockbox processing centers to calculate the mail
time matrix.
In addition to mail times, the Retail Mail Analysis™
incorporates multiple processing assumptions integrated with the
expected funds availability. The processing assumption establishes
which availability deadlines will be met once the mail is received
and compensates for capacity constraints. Deposit deadlines having
the most impact on availability of funds include the local clearinghouse,
direct sends to other Federal Reserve districts and on-us items.
The Retail Mail Analysis™ report assumes all checks
are drawn on banks local to their sending point.
Key features of the Retail Mail Analysis™:
- Measures mail times from 170 originating points into all surveyed
remittance processing centers.
- Presents realistic float times representing various processing
structures characteristic of retail environments.
- Illuminates how each of four different processing assumptions
impacts float.
- · Integrates ledger credit deadlines with mail arrival
patterns and availability deadlines.
The Retail Mail Analysis™ is also available as an optional
database for the Phoenix-Hecht Collection
Model™. The retail data utilized with the Collection
Model™ provides a highly accurate calculation and comparison
of total float for both the current and any potential processing
alternatives being considered.
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