Up until a few years ago, most businesses printed checks using dedicated form printers. With innovations in check printing automation, businesses today look at electronic check printer machines for convenient, affordable check printing options.
Check printing devices for businesses need to have magnetic ink character recognition (MICR), which is a printing process using magnetic toner that is read electronically by banks. Before your business purchases a check printing machine, answer the following questions:
1. What kinds of check printer machines meet my business needs?
2. How will a check printing device keep my business finances secure?
3. How will check printing equipment save my business money?
The best contacts and resources to help you get it done
Determine which check printer machines can meet your company's needs
There are a variety of check printing machines on the market today. To find the electronic check printer machine best suited to your needs, do a quick analysis of your business' check quantity printed each month.
I recommend: Hewlett-Packard partners with TROY Group, Inc. to offer secure check printing equipment. HP supplies laser printers to TROY, who adds MICR printing capabilities.
The TROY MICR 3005 Printer is ideal for small businesses or for personal check printing machine use, while the
TROY MICR 9050 Printer is best for businesses that produce 300,000 pages of secure documents per month. Xerox has a similar agreement with
ACOM Solutions, who enhances Xerox laser printers to create MICR check printing machines.
Find out how check printing equipment keeps your business data secure
It is important in any business to keep financial information secure. Many check printing printers offer multiple-level password control, security reports and electronic key locks to reduce the fraud potential. Consider purchasing detachable media files to store sensitive check information.
I recommend: MicroMICR offers a secure check printing device that stores signature and other protected information in a removable medium that can be stored away from the printer for added security. The secure check printing equipment is compatible with most laser printers.
Check-Secure and
CheckBox III are secure electronic check printer cards that can be programmed with sensitive data. After printing checks, the computer automatically deletes all information just loaded.
Evaluate how a check printing device can save your business money
Assess your business' current check printing expenses, including printers, ink, pre-printed forms and outsourcing, as applicable. For individuals that only write a few checks each month, a personal check printing machine may not be a practical choice. However, if your business writes more than 20 checks monthly, investigate the savings associated with check printer machines.
I recommend: An MICR check printing machine saves your business money by printing checks and other secure documents from
secure check paper, saving the expense of
pre-printed checks. With an electronic check printer, a company easily prints checks and financial information in one easy step whenever needed. This saves time and money compared to
outsourcing, which is a considerable expense.