Usually, ordering checks and waiting for arrival will take up much time for businesses. The check printing Costco orders will take up to 7 business days to arrive. A busy city utility company that needs many checks will find it difficult to do their transactions with these delays. Therefore, they can use Zil Money to instantly print their checks.
With the significant increase in urbanization and population, the demand for essential services like electricity, water, gas, etc. is growing. As a result, the number of City utility companies is increasing in the U.S. Over the last three years, the utility sector has seen a consistent increase in their earning up to 13% per year. Even though they are changing according to the modern world, city utility companies still rely on checks for large payments. This is because checks are more reliable and provide a physical transaction record. Therefore, they use checks to handle bulk transactions, especially vendor payments and payrolls.
For making check payments, usually, you will be ordering checks. But there are certain issues you will face while ordering checks.
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Check Ordering Issues Faced by Utility Companies
- Delays: When you order checks from third parties, you will have to wait several days for their arrival. Typically, a check order will take 7-14 days to arrive. This can lead to late payments to your vendors and employees, affecting your company’s relationship with both.
- Possible Errors: Utility companies will usually order in bulk. If there are any mistakes or errors, the only option left will be ordering a new set. For companies like city utilities that do not have much profit, these unexpected expenses will lead to significant losses.
- Limited Customization Options: When you order checks, they usually provide only less customization options. Therefore, it will be very difficult to incorporate any changes later. Also, you will have to pay more for customization.
- Security: Pre-printed checks are always at risk. This is because they contain sensitive information like your financial details. These details can be easily manipulated for fraudulent activities.
To overcome these issues of check orders, print checks instantly utilizing Zil Money. With the platform, you can easily customize and print checks on demand. This helps to eliminate the need to wait for check orders. Pay your vendors and employees on time without any delays.
Easily Create and Customize Checks
You will have only a limited customization option when you order checks. If you need more customization or need to make any changes, you will have to pay more. This can be very expensive for utility companies that order in bulk.
Utilizing Zil Money, create and customize checks instantly on-demand. The drag-and-drop feature of the platform allows you to easily customize your checks. With this, you can incorporate company logos, font styles, and background images into your checks. Also, you may simply add or delete any fields from your checks.
Once you have made all the changes, you can save the check template for future use. This way, you can eliminate the hassle of writing a check each time you need to make a payment.
Simply Import Checks from your Accounting Software
In the busy schedule of the utility company, you might not have time to create new checks. What to do?
With Zil Money, you can easily import checks from your accounting software. This is done by integrating your accounting software with the platform. After integrating your accounting software, you can import checks. This helps you eliminate the hassle of manually inputting information, thereby reducing the risk of possible errors and mistakes.
After you import the checks, you can add or delete certain fields, or incorporate signatures with the customization option. This can help you save time in your busy schedule.
Print Payroll or Vendor Payment Checks with a Few Clicks
You can easily print payroll and vendor payment checks with Zil Money. Printing checks on demand can help you eliminate the need to wait for the ordered checks to arrive. Instantly print checks from your office at any convenient time.
Once you have created or imported checks to the cloud-based platform, all you need to do is get blank stock papers. You may get blank stock papers at any office store and can start check printing with any printer. By printing checks in-house on blank stock paper, you will be able to save 80% on the check printing costs. These savings can be used on more important tasks like operational costs. As the checks are printed instantly, you can make payments on time to your employees and vendors. This can help in enhancing your relationship with your employees and vendors.
Mail Your Checks the Way You Prefer
In their busy schedule, city utility companies may find it a hassle to print and deliver checks on their own. This is because they will have to handle large transactions with documents to be attached. Mailing checks from the post office can cause further delays in payments, upsetting the recipient.
With Zil Money’s check mailing feature, you can eliminate these hassles. Just send your checks to be mailed, and the platform will handle printing and mailing them. Also, you can attach any important documents with the checks to be mailed. The platform sends checks via USPS or FedEx to your desired location. When you mail checks, the platform also provides tracking features. This can help you in tracking your mailed checks efficiently.
For faster payments, you may send eChecks to your employees or vendors. eChecks are a digital alternative to regular checks but it is more secure. You can send eCheck via email or SMS as a one-time printable PDF. This enables your employees or vendors to print and use them like any regular check.
Conclusion
City utility companies can easily make check payments without waiting for check printing Costco orders to arrive with Zil Money. The platform helps you instantly print checks on demand, eliminating the need to order checks. Payments to vendors as well as employees can be made on time using the platform.