Moving toward a completely digital payment landscape sounds like a dream, and unfortunately, it is just that, especially for large businesses. B2B businesses often are still using checks, as they're a safe and secure method of payment, but its the writing part that can get tricky. If you're a business who is using outdated on-premise check-writing software that costs a fortune to maintain, we're going to tell you exactly what to look for when shopping for a new replacement. But first, why does check writing software matter?
Why Check Writing Software Matters for B2B transactions
While electronic payments are taking over the financial landscape, checks are still widely used across industries and will here to stay, especially for large businesses. For consumers, the higher the dollar amount the more likely it is that a check will be written, Businesses work similarly and have been for years, making check transactions the primary payment method for B2C & B2B businesses alike. In fact, checks account for over half of the $25 billion payment market.
Checks aren't going to be uprooted from the B2B transaction plan. What large B2B companies should be focused on is how to more efficiently scale their check writing production, printing, making it easy for their customers and vendors alike.
Yes, online check writing software streamlines this process by offering a digital solution that saves time, reduces errors, and enhances security. This software allows businesses to generate and print checks from any location, leveraging cloud technology for convenience and accessibility. But, with so many options out there, it's important to choose the best and smartest option.
So what should be included in check writing software?
The Features That Matter in Check Writing Software
When evaluating check writing software, businesses need to consider key features to ensure a secure and streamlined experience:
1. Ease of Use: A user-friendly interface that simplifies the check-writing process is essential. Busy professionals need to print checks quickly without navigating complex software.
2. Security: Financial data must be protected at all times. A robust software solution ensures that checks are printed securely, and sensitive data is encrypted.
3. Customization: Businesses should be able to customize their checks, including adding logos, signatures, and other branding elements.
4. Compliance: The software must be compliant with financial regulations to ensure that checks meet the required standards.
5. Integration: It’s important that the software integrates seamlessly with existing accounting and financial systems, reducing the risk of data entry errors and saving time.
Why TROY AssurePay Check Leads the Pack
AssurePay Check is a check writing software solution that truly has everything your business needs to start performing check transactions faster and with more support & reliability. The cloud-based software connects across multiple locations of your business, allowing businesses to generate and print checks from anywhere and can be used be any department that needs to print checks.
But what are some of the other benefits?
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Superior Security: TROY AssurePay Check offers industry-leading security features, including MICR check printing capabilities that ensure your checks are safe from tampering and fraud. Its encryption protocols such as multi factor authentication and single sign-on, and ability to restrict unrecognized IP addresses prevent users outside your network from hacking financial data, while also giving users the ability to restrict some users with AssurePay Check access to certain bank accounts.
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Customizable Platform: Not only does AssurePay Check allow businesses to customize their checks with logos and authorized signatures, but the platform itself is also completely customizable for your business or departments specific needs. As a user-role based system, businesses can you AssurePay Check for accounts payable, payroll, human resources, etc, with help from our implementation team.
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User-Friendly Interface: Designed with the end user in mind, TROY AssurePay Check’s interface is intuitive, allowing anyone on your team to generate and print checks quickly and efficiently, no matter their technical expertise.
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Seamless Integration: Whether you’re using Netsuite, SAP, or other financial software, TROY AssurePay Check integrates effortlessly with your existing ERP system, making the transition to online check writing smooth and hassle-free.
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Compliance with Regulations: TROY ensures that all printed checks comply with banking standards, giving businesses peace of mind that their payments will be accepted and processed without issues.
Why Make the Switch?
If your business is still relying on traditional methods of writing and issuing checks, now is the perfect time to upgrade to an online solution. Switching to check writing software like TROY AssurePay Check offers numerous benefits that can transform your financial operations. One of the key advantages is increased efficiency— with just a few clicks, you can generate and print multiple checks, significantly reducing the time spent on manual processes.
Additionally, the move to cloud-based check writing results in substantial cost savings by eliminating the need for pre-printed checks and minimizing errors, and maintaining on premise software, which in turn lowers expenses on paper, ink, and processing. Moreover, TROY AssurePay Check enhances security by protecting your financial data and reducing the risk of check fraud, offering top-tier security for your printed checks. Finally, the flexibility of online check writing allows you to create and print checks from anywhere, making it ideal for businesses with remote or hybrid teams looking for greater adaptability and control.
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Demand TROY AssurePay Check
The future of payment processing is digital, and online check writing is a vital component of modernizing your business’s financial operations. When selecting check writing software, choosing a solution that offers security, efficiency, and seamless integration is crucial. If you're business is using unsecured, on premise software to write and print checks, TROY AssurePay Check will eliminate issues with downtime and security, making it the best option for businesses looking to streamline their check-writing process.
Upgrade to TROY AssurePay Check today and experience the ease and security of the best online check writing software available.
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