Why do businesses still use paper checks?

When it comes to payroll, you don’t want to mess around. In other words, why fix something that isn’t broken? Well, that answers the question of why business checks still use paper checks. But we want to elaborate a little more.

As functional, time-saving, and cost-effective as computer checks are, many businesses prefer the old-fashioned way and still cling to paper checks for payroll. Although we are advocates of computer checks, we do understand this traditional way of thinning. But that leads us to our next question — what’s so great about paper checks?

3 Reasons Businesses Still Use Paper Checks

  1. Familiarity

    1. Checks are familiar. Most businesses already know how a paper check works.

    2. Great gift option for business owners

  1. Anticipated budget

    1. Free shipping

    2. Some other companies have a minimum for credit card

    3. Payment can be made even without WiFi on the spot

    4. A payment takes time to process and reach a merchant or service provider. This can result in late charges. As a result, businesses find checks are a far more dependable payment medium

Nonetheless, whichever business checks are the most beneficial to your business, if employees are paid by the hour, it is recommended that the checks include a stub with the information outlining the hours worked and their pay for employees to keep on record.

Visit Checkomatic.com to shop Business Checks, Computer Checks, or Manual Checks, and follow us on Facebook, LinkedIn, and YouTube.

Leave your comment

;