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If your IT outsource company is charging you more than $1.08 per DDA account per month, then you’re being ripped off. By Art Gillis Feb 21, 2006 at 10:00 AM ET by Art Gillis I have nothing more to say on the subject, except that the processing of an average DDA account (22 transactions) is a commodity, like a gallon of gasoline. Unlike gasoline, however, tech vendors achieve economic advantages from scale, improved technologies, and a never-ending reserve of capacity. As a result, the price of a DDA hasn’t changed (shouldn’t have changed) in years regardless of COLA increases. Topics: BS&T Contributors » Weblog Main | » View Entries By Topic | » View Entries By Date This is a public forum. CMP Media and its affiliates are not responsible for and do not control what is posted herein. CMP Media makes no warranties or guarantees concerning any advice dispensed by its staff members or readers. Community standards in the message center do not permit hate language, excessive profanity, or other patently offensive language. Please be aware that all information posted to this forum becomes the property of CMP Media LLC and may be edited and republished in print or electronic format as outlined in CMP Media's Terms of Service. Important Note: The Message Center is NOT intended for commercial messages or solicitations of business. |
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