In 2016, there were 17.3 billion check payments made in the US with a total value of $26.83 trillion dollars. Paper checks have declined slightly but remain extremely popular, largely because they are simple and easy for the recipient of the payment.
From efficiency perspective, printing and mailing paper checks creates a headache because of all the necessary steps involved in the process. This inconvenience of writing and printing checks has led to the evolution of check fulfillment services like Checkflo.
Outsource Check Printing
A growing number of companies are starting to outsource check printing and distribution due to security and the expenses associated with handling this non-core function in-house. Time and labor, materials, equipment, supplies and space to store and operate print functions are important cost factors in the decision to outsource. Checkflo’s check fulfillment service offers the opportunity to drive cost down 20 – 30% while enhancing the quality and security necessary to produce checks.
Today’s Business Challenges associated with checks are
• Inefficient Print and Mail Processes
• Inability to reconcile Data from File Receipt to Mailing
• Lack of in-house Automation
• Inability to Access Documents Online
• Inability to Receive Full Postal Discounts
• Unattractive and Illegible Documents
Checkflo Check Printing and Mailing
Checkflo’s streamlined printing and mailing of checks can help you save time and money by providing a one-stop source for check processing, printing and mailing. The result? Improved operational efficiencies and reduced administrative costs, all with less effort and paperwork.
Start leveraging our advanced printing capabilities to help your organization quickly boost productivity and discover cost savings. As a leading provider of payment distribution services, Checkflo can handle virtually all of your check printing and mailing.
Checkflo Printing and Mailing Capabilities:
• Administrative Checks
• Accounts Payable
• Claims Checks
• Commissions Checks
• Expense Checks
• Payroll Checks
• Rebate Checks
• Refund Checks
• Return Premium Checks
Checkflo can also help your organization save money by leveraging our relationship with a postage cooperative with USPS and FedEx.
The Checkflo Advantage
- Send checks from anywhere at anytime
You can login to our client portal from anywhere and send a check at any time and Checkflo will take care of the rest.
- Customized checks
Checkflo can print your company logo in black and white on your checks. You can also place a much larger logo in other areas of the check template.
- Next day delivery
Checkflo can provide FedEx next day delivery for those important payments.
- We provide status updates on checks
You can track all checks sent via the reports tab in our client portal.
- Checkflo is compatible with accounting software such as QuickBooks
Export your QuickBooks Online checks with a single click. With Checkflo, we also sync check numbers and status back to QuickBooks.
- Checkflo offers advanced reporting tools
Manage, track and analyze your checks, deliveries, and a lot more through our Check Cloud software. Reports are available 24/7 by accessing our secure back office.
- Checkflo’s check include 7 security features to mitigate the possibility of fraud
- Can be set up with multiple bank accounts
Checkflo users can set up multiple banks to facilitate check issuance and processing. For clients with volume or other specialized needs, Checkflo can provide customized banking solutions for check issuing.
More importantly, with Checkflo there is no minimum or processing fees, you pay for what you print!