If you own a business, you should look into printing your own checks. It can serve very well to improve your business’s efficiency and save you some money while doing it. In this article, we offer ten reasons why you should consider printing your checks.
The process can seem complicated in the beginning with questions of how to print, where to find the best printer for checks, and why it’s so important to print them yourself, but hopefully, we will answer all of those in 10 simple reasons.
1. Improved Privacy Regarding Sensitive Financial Data
Printing your checks ensures that the sensitive financial data for your company stays within the company. The personal and banking data is treated with full confidentiality, which helps improve your business’s security. Printing checks is now easier than ever, and it could cut down on the monthly expenses your business needs.
2. Reduced Supplies Expenses
If your business requires a large number of checks every month, printing them yourself saves all the money you would be spending on pre-printed checks. Over time this stacks up, and that monthly expense becomes one less thing you have to worry about. Whenever you need some checks, you can simply print them out.
3. Less Chance of Errors and the Loss of Files
Printing your checks minimizes the chances of error and loss of files. You could spend substantially less time on poor financial reporting. It could very well save your business from a costly and embarrassing experience. You can notice any errors right away and prevent them from going out into circulation.
4. Easier Accounting
Printing your checks also makes your end of the bookkeeping effortless. It allows you to separate your business expenses with ease. As a result, the accounting and bookkeeping processes are sped up. It’s good to have the expenses already categorized and separated by as many standards as you need when tax season rolls around.
5. Enhanced Efficiency
By introducing the check-printing process to your business, you gain much more flexibility than you would if you were getting the checks from your bank. They are available to you whenever you need them, and if you need more, you can just print them out. It improves the efficiency of the company and saves you precious time.
6. No More Manual Filling Out of Blank Checks
With the digital software and the modern printers available, your business has no need to fill out checks manually. Doing it from the software side is much more precise, professional, and errors are spotted more quickly. Also, while you are already doing this on the computer, you can always double-check any information you need with just a couple of clicks.
7. Save Money
Making custom cheques is a great way to save money for your business. You can print checks with absolute ease, all you need to have to print your cheques is a printer and special MICR ink, and after the initial investment, the printer pays for itself by how much you save checks.
8. Promise Security
When you’re working with large amounts of money, security is the most important thing you can think of. While outdated for everyday use, checks are still alive and well in the corporate world, even though the numbers are decreasing due to digital banking. They’re also one of the most secure ways to make a transaction, especially when moving around substantial sums.
9. Good Branding
Adding a personal, corporate touch to your cheques is a good way to add to your brand. Just your company logo can make the check look more professional, pleasant, and secure. With any B2B (Business to Business) transaction, proper branding is more than a nice touch that can mean a lot.
10. Handle Different Accounts Properly
In the corporate world, things can get a little hectic. If you’re working with more than a few accounts and clients, managing the transactions can be challenging. Checks are a simple, slick, and easy way to manage multiple accounts properly because of their relatively simple nature. On top of that, you can also digitize them for much easier and available storage on your PC.
Those were ten reasons why you should start printing your own checks as a business. Hopefully, we’ve shown you how much easier business transactions become with the availability this process provides.