Sunday, October 26, 2008

City of Oakland Gains Efficiency with Lockbox Functionality

The City of Oakland has sucessfully completed negotiations with Bank of America regarding the format and operating procedures to be used for processing up to 80,000 city business tax renewal payments.

PSI has successfully accomodated the import specifications.

The new procedures are expected to significantly reduce the labor expended in the processing of tax returns using the previous process.

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