You can control the costs associated with processing checks.
For starters, consider the benefits of automating the way you handle your checks. A check management system can streamline your operations and simplify the process. Here’s how a system like this can help you cut costs, gain efficiencies and improve your cash flow from deposit through collection.
Click to learn more about each feature.
Scan checks from your office.
You avoid deposit preparation costs as well as the "soft" costs of manually preparing deposits, tallying totals, copying checks, filing and taking unnecessary trips to the bank. You save yourself time and money.
Reduce the time and resources needed to post checks.
By integrating a comprehensive check management system with your accounting or software package, you spend less time posting checks.
Get checks credited to your account fast.
Access your money quickly with extended posting hours and virtually eliminate float.
Verify bad checks so they don't enter your system.
If you accept a bad check, you incur recovery costs. A verification system allows you to use the internet — or your cell phone — to validate a check before you accept it. The system automatically houses information on previous bad check writers enabling you to quickly determine each check writer’s status.
Eliminate return handling expenses.
Automated recovery provides early notification of a returned check via email and an online report. You collect the money fast — at no cost.
Get 100% of every recovered check.
If the money is not collected, eligible checks are automatically filed with your local prosecuting attorney – where available – ensuring you receive the full amount.
Reduce your company's carbon footprint.
By switching to an integrated, paperless system managed on one web platform, you save on expenses and become more environmentally friendly.