![]() ![]() Of course, the process becomes even more serious when a manual check is required because that requires the pulling out of the of the “special” checkbook which is usually in a locked desk drawer. Some of my clients relished the opportunity to scrutinize and sign every check because there’s no better example of power than this. And then the grandest of all gestures: the final approval evidenced by the ultimate proof of authority: the signature. Logging the amount, payee, date and check number in the accounting ledger. Tearing off the exact number of checks needed and feeding them through the dot matrix printer for duplicate copies. Getting the stack of blank checks from the locked safe in the accountant’s office. I’ve always enjoyed the pomp and circumstance of the biweekly check run. So the writing’s on the wall.īut still … I’m going to miss the paper check. My company sells Microsoft products and even Microsoft recently announced that it will no longer accept paper checks from its partners. And a growing number of businesses not only prefer payment electronically, but are requiring customers to do this. They can be initiated and approved from anywhere. They’re more secure, efficient and cost less. They save paper and are good for the environment. They’re quicker to initiate, authorize and complete, and they’re easier to track, audit and report. Electronic payments make more sense for a business. Stop the eye-rolling because yeah, we know. ![]()
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