Checks are one of the most commonly used method to handle payments. Resorting to traditional ways of printing checks can slow down payment process, which in turn affect business activities. Appliance firms looking for an efficient way to process payments can benefit greatly from online check printing.
Challenges Faced by Appliance Firm
Slow Payments: Using pre-printed checks can make it hard to pay suppliers on time, affecting business connections.
Branding Issues: Without a unified check printing system, it can be hard to keep branding consistent on all checks.
Increased Expenses: Pre-printed checks cost more and often need to be ordered in large amounts, causing waste and higher costs.
Security Risks: Keeping pre-printed checks on hand heightens the risk of unauthorized access and the possibility of financial fraud.
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What is Check Printing Online?
Online check printing refers to creating, designing and printing checks with the help of digital platforms. By printing checks on demand, the dependency on pre-printed checks is reduced. Furthermore, printing checks instantaneously allows individuals to print them at their convenience from any location.
Why is Check Printing Software Essential for Businesses?
Effective Representation of Your Firm:
Having well-printed checks improves the visual appearance of checks and makes it more appealing to vendors.
Print Checks in Batches:
Batch printing feature is helpful when you have various checks to print. The software allows you to print several checks for various individuals or companies, with different amounts and dates as you choose.
Improved Accuracy:
The check printing software effectively verifies the authenticity of the checks, detects errors, and verifies user-inputted data.
Why Choose Zil Money, The Best Check Printing Software?
Flexible Printing Options
An appliance firm often needs quick payment processing to maintain a positive relationship with suppliers. Zil Money allows you to print checks as needed on blank check paper or plain white paper using a regular printer. Instant check printing using the software eliminates the need for traditional check printing software download free.
Printing checks on blank check paper reduces the check printing cost by 80% compared to ordering pre-printed checks from external vendors. Thanks to check 21 Act, users can print checks using any regular printer. Flexibility ensures that appliance firms can print checks quickly and process payments easily.
Easy Customization
Appliance firms often struggle with ensuring consistency across their printed checks. Personalized checks can be created easily with Zil Money. The drag-and-drop design feature provided by the platform simplifies the customization process. Users can easily add business images, background images, unique font style of their choice. The customization feature provided by the platform helps appliance firms to reinforce their brand identity.
How to Customize Checks with Zil Money?
- Login to Zil Money and select Bank Accounts.
- Select your bank account.
- Click on Edit Design, which takes you to the check designing page.
- From the check designing page, you can add elements, make necessary changes & click Save.
Why Blank Check Paper is a Better Option Than Pre-Printed Checks?
Cost Savings
Pre-printed checks often require bulk check orders, which can result in waste if not all checks are used. Blank check stock helps to avoid this situation by allowing you to print only necessary checks, saving money on check paper.
There is a big price difference between pre-printed checks and checks printed on blank check paper. Pre-printed checks can cost between $50 and $80 for 250 checks, depending on how much customization you need. On the other hand, you can print blank check stock in larger quantities, often getting 1,000 checks for a similar price.
Security
Pre-printed checks usually come with all the necessary information printed on it, including routing number, account number etc. This means that pre-printed checks should be guarded safely. Any unauthorized access to these checks put your bank data at risk.
Blank checks don’t pose any security risks like they don’t have any pre-printed data. Blank checks also have all the security features that are found on pre-printed checks.
Rising Global Fraud
Just before the onset of Covid-19, specialists estimated the annual global cost of fraud to be approximately $5.1 trillion. This figure was alarming, as it was nearly equivalent to the total annual expenditure on healthcare worldwide. However, the pandemic has caused this figure to escalate significantly. Identity theft, in particular, experienced a substantial increase during this period.
Moreover, it is not limited to identity theft alone. A survey conducted by the Association of Certified Fraud Examiners revealed that 77% of fraud examiners have observed an uptick in various forms of fraud since the arrival of Covid-19, with 92% anticipating further increases in fraud over the coming year.
How Zil Money Combats Rising Security Threats
The platform provides advanced security features like encryption and positive pay to prevent unauthorized access to checks. The positive pay feature on the platform guarantees that only approved checks are processed. Businesses must give their bank a list of allowed checks. The bank checks this list against all checks submitted for payment. This feature provides strong protection against fraudulent checks affecting your account.
The cloud-based platform allows appliance firms to overcome challenges such as high cost, security risk, delayed payments associated with pre-printed checks. The on-demand check printing and ability to customize checks reduce the overall expenses.
