Enhance the Accounts Payable Course of: Swap to MICR Verify Printers

Accounts Payable is a vital perform of each enterprise, and it’s important that invoices are paid rapidly and effectively. Whereas private test funds have been declining over the previous decade, the vast majority of companies nonetheless use test funds to pay their payments, in response to the Federal Reserve's 2016 Fee Research. MICR printers can supply these companies the flexibility to reduce the risk of fraud and human error, whereas additionally saving cash.

Earlier than MICR Verify Printers: Issuing A / P test funds manually

Nearly all of Acounts Payable (A / P) departments paying invoices by test funds are nonetheless utilizing pre-printed test inventory and a laser or dot matrix printer as an alternative of a MICR printer. These pre-printed checks alone pose some vital dangers:

  • Price – Pre-printed test inventory is dear to buy, retailer, distribute and re-order if firm data adjustments.
  • Fraud – A pre-printed test is the best instrument to change or forge.
  • Human Error – Guide processes are susceptible to errors.

After: Automating the Accounts Payable (A / P) test difficulty course of with MICR Printers

An built-in software program and {hardware} answer created particularly for checkout printing units a safe, cost-effective technique for printing A / P invoices on-demand whereas offering management over all the course of. The Accounts Payable printing answer consists of CheckPartner Enterprise software program and safe MICR printers.

CheckPartner Enterprise combines the information switch capabilities of the web and the most recent checkout printing expertise to permit companies to securely print checks with full management of the method. Our safe MICR printers print static knowledge, variable knowledge and required signatures on clean test inventory on-demand in a single printer move. This mix of software program and {hardware} provides management and visibility for printing A / P test funds on demand, providing higher effectivity for this business-critical perform.

Listed beneath are the advantages of utilizing a safe MICR answer for test printing.

  • Get rid of the necessity for pre-printed test inventory – it save 82% in paper prices alone by switching to clean test inventory and test printing expertise
  • Nearly remove the risk of test fraud – no pre-printed checks to be pilfered
  • Automate a handbook test fee course of – automation eliminates the risk of human error

Is your organization nonetheless utilizing checks to pay staff? Get monetary savings and cut back the risk of fraud by implementing a safe MICR answer to print the checks. In spite of everything, who doesn’t need to avoid wasting cash and doesn’t lose sleep at night time over the best way they’re distributing their staff earnings?

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