Protect Your Business from a Postal Service Strike

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Protect Your Business from a Postal Service Strike

Posted: 01/08/2016 12:00am

postal strike

Every day when we go in to work, we rely on outside services to get the job done. We rely on the power company to ensure the lights come on, the phone company to be able to make calls, the internet provider to make sure we can access the web and communications, and Canada Post to deliver mail. Typically we do not give any thought to these requirements until there is an issue. 

Recently, Canada Post employees threatened a strike notice as part of negotiations between the corporation and the Canadian Union of Postal Workers. While this may have little or no effect on your individual mail usage, most businesses use traditional mail as their main source for transmitting business critical documents (such as invoices, payment cheques, purchase orders, field tickets, etc.).  According to a 2013 survey from the Canadian Federation of Independent Business (CFIB), 98% of small-business owners use its letter mail services on a monthly basis1.  

Unfortunately in the case of mail, disruptions happen quite frequently. In the last 50 years, there have been 20 work stoppages as a result of labour relations issues2. Considering Canada Post has over 65,000 employees3 and delivers to a larger area than the postal service of any other nation4, they have an excellent track record. However, the needs of your business are critical and you cannot afford to have your business negatively affected if something does go wrong.

What would a postal strike mean for Cortex customers? Well, it is business as usual in their A/P departments. Many businesses see mail as the only way to conduct business, but Cortex customers are using data instead and insulating their business from the impact of outside forces. 

Cortex offers an e-invoicing system that replaces paper and email formats with a true data transfer method of document exchange. This means that invoices received from vendors can be directly transferred into your accounting system, therefore eliminating reliance on the traditional postal system. 

We are a company built on finding better ways to transmit documents in the B2B sector. Besides mitigating the impact of a mail strike, e-invoicing further increases your control measures with improved accuracy and visibility throughout the entire process. If you would like to talk to us about how Cortex e-invoicing could benefit your business, please call us at 1-866-716-6272.

 

[1]CFIB – Canada Post hikes rates on small businesses http://www.cfib-fcei.ca/english/article/6129-canada-post-hikes-rates-on-small-businesses.html

2Wikipedia – Canada Post: https://en.wikipedia.org/wiki/Canada_Post

3Canada Post Annual Report 2014: https://www.canadapost.ca/assets/pdf/aboutus/financialreports/2014_ar_complete_en.pdf

4Wikipedia – Canada Post: https://en.wikipedia.org/wiki/Canada_Post