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QAS addresses data quality at Meat Industry Employees Super Fund

Announcement posted by QAS Singapore 23 Mar 2005

Address management software delivers efficiency gains and reduced administration costs at meat industry super fund
Address management specialist QAS today announces the deployment of its QuickAddress software to the Meat Industry Employees Super Fund (MIESF), implemented by new QAS partner Financial Synergy.
MIESF manages the Super Fund requirements of 30,000 members associated with the meat industry. The meat industry has a large mobile workforce and MIESF processes a large number of applications each year, often with difficult to read addresses. QAS address management software will ensure the accuracy of these addresses.
MIESF first saw QAS QuickAddress software at a Financial Synergy user event and purchased the software as it highlighted a requirement for data quality within its organisation and was impressed with the functionality of the QuickAddress product.
Doug Lamb, MIESF said, We are moving from an in-house Unix based Super Fund software solution to a proprietary product, and QAS QuickAddress Batch allowed us to clean and sort our database prior to sending out annual statements to members. This ensured all our contact data was accurate and uniformly formatted to ensure efficient delivery. Moving forward QuickAddress Pro will be integrated with the new financial platform to ensure address data is accurately captured at the point of entry.
By increasing the accuracy of our address database we will reduce the quantity of return to sender mail, avoiding lost super for our members and providing savings on the administrative costs to MIESF associated with return to sender mail.
The implementation was completed by Financial Synergy, a leading provider of software, eCommerce and administration service solutions who currently provide the Acurity member administration software to MIESF. Financial Synergy identified the QAS QuickAddress products as complementing the Acurity software and reinforcing its principles of an accurate, secure and efficient solution.
Brian Mitchell, General Manager, Business Solutions Group at Financial Synergy said, We are always looking at ways to improve the offering to our clients, and QAS was a natural fit and simple to integrate with the Acurity software. QuickAddress helps us ensure the accuracy of our clients data while reducing the cost of operation.
Following the success of this first installation of QuickAddress at MIESF, Financial Synergy is eager to provide the QAS solution to additional clients.
Glenn Parker, Managing Director Australia and New Zealand at QAS said, MIESF is a great example of how QAS address management software can deliver significant cost savings to an organisation while allowing it to provide an enhanced service to its customers through improved data quality. The financial sector is a major area of growth for QAS, where institutions are trying to re-engage with their customer base, which itself is reliant upon having accurate contact details.
By working with trusted partners such as Financial Synergy, QAS will be able to deliver the benefits of increased data accuracy, improved efficiency and reduced administration costs to an ever increasing pool of users.
Ends.
About QAS
QAS is the leading supplier of address management solutions. Its QuickAddress range of software helps organisations capture accurate address data and conserve database integrity over time. The flexibility of QuickAddress means it can be tailored to suit any industry specific requirements and business processes.

QuickAddress brings tangible business benefits to organisations by enhancing and maintaining their most important asset - their databases. Any company that holds data on customers, suppliers, employees or distribution networks will benefit from the efficiency gains and cost savings achieved with QuickAddress.
Based on data secured from national postal authorities and other leading data sources, QuickAddress captures, cleans and maintains name and address records. In December 1998, QAS became the first authorised AMAS (Address Matching Approval System) approved supplier of Address Matching software in Australia, and has since been working closely with Australia Post to promote the benefits of address management and data integrity. It is also an Endorsed Government Supplier.
Due to market demand, QAS opened its Australian offices in 1998, with headquarters in Sydney and additional offices in Melbourne, Perth and Canberra. QAS has also extended its operations with the opening of offices in the Netherlands, Boston and Singapore.
Award winning solutions from QAS are a result of a 13-year investment in technology development to ensure QuickAddress delivers the highest level of functionality and service support. QuickAddress supports more than 8,500 customers worldwide across all industry sectors.
QAS is a wholly owned subsidiary of Experian, the global information solutions company. Visit us on the web at: www.qas.com/au

About Financial Synergy
Financial Synergy is a leading provider of software, eCommerce and administration service solutions. Proven reliability and performance and over 25 years experience in the superannuation and financial services sectors give Financial Synergy solutions the security, flexibility and efficiency to contend with todays challenges.
The Acurity administration platform delivers a cost-efficient high performance solution for superannuation, investment and post-retirement products.
For further information visit www.FinancialSynergy.com.au or contact: