MICR Check Printing Software

MICR check printing software is saving companies across the United States, millions of dollars in check fraud and stolen funds. These programs are not only saving businesses from fraudulent practices with its unique magnetic security coding, but they also offer time saving systems that will greatly benefit any business's accounting program. Integration is the key word in business and accounting systems today, and a software program that offers not only payables printing, but also offers methods that can keep track of banking accounts, inventory numbers, accounts payable and expense figures are a must in the fast-paced business world of today. Options with an MICR printing software programs may also include multiple print options, pre-formatted printing options, foreign currency selections, and the ability to utilize several different banking accounts.

Perhaps it would be beneficial to understand just how important it is to utilize an MICR check printing software program as opposed to any other. Magnetic Ink Character Recognition, or MICR, is actually a unique process that utilizes magnetic ink alongside special fonts that can be read by a machine. This process is often used with business payment writing, valuable information, and other types of documentation. This amazing technology was introduced to the country in the early 1950s, but is used by most large businesses almost exclusively today with billions of checks being processed with this technology. The magnetic ink used with these programs is detected by a MICR reader, ensuring the company accepting the check that the payment or payroll is not fraudulent.

More retail and wholesale establishments are now utilizing the technology to accept personal checks from customers, clients, and vendors. Using the MICR printing software to process payables will create an atmosphere of expedient business transactions with other businesses. When a check is accepted as a form of tender, the MICR printing software will allow for quick and efficient exchanges. Most businesses want to capture the payable as soon as a payment is received, and the MICR reader can quickly get authorization from the authorization provider or bank. Other information is also provider by the reader, such as current account status and repeat customers. Offering payments that have been printed with this software is not only protecting a business, or individual, from potential fraud, but it is also offering those who receive payment the opportunity to expediently process accounts.

Every size of business can benefit from using these computer writing and printing programs. With the expansion of technology, small and mid sized companies are finding it cost effective and beneficial to utilize computer technology for accounting needs. An MICR check printing software program should be considered, no matter the size of the agency, because the business trends of today demand productivity. These programs will benefit the small and mid sized business in many different ways, and most will work with existing computer accounting systems, if only wanting to utilize a new check printing program.

But these systems can do so much more. There are MICR printing software programs that will not need the use of pre-printed stock paper or formats and will offer flexible interfaces. Audit tracking and reporting, data exporting and importing, international payment support, unattended printing options, and a myriad of security features are part of the most basic packages. Those looking into updating or adding an MICR check printing software program will want to conduct a feature comparison exercise in finding the right system to meet business and accounting needs.

It is unfortunate, but in today's culture, it is important to put security at the top of any business objectives. Finding a software program that will enhance security is making a smart decision for the future of any company or agency. Check and identity fraud are at all time highs. The Bible speaks to the troubled heart and during the times when it seems that crime is expanding into high-technological fields, one can turn to the Word of God to find comfort and direction. "I poured out my complaint before him; I shewed before him my trouble. When my spirit was overwhelmed within me, then thou knewest my path. In the way wherein I walked have they privily laid a snare for me. I cried out to thee , O Lord: I said, Thou art my refuge and my portion in the land of the living." (Psalm 142:2-3,5)

Those investigating this type of computer program package can begin the search by logging onto the Internet where many different software systems that offer Magnetic Ink Character Recognition are advertised. Some programs on the Internet will allow interested parties to download a portion of the program as a free trial offer. Be sure and price compare as well as compare feature to feature when browsing the options available. And, take steps to promoting a business's financial security with MICR check printing software.

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