Benjamin Franklin coined the term, “Time is money” in his essay ("Advice to a Young Tradesman"), written in 1748. Saving time to increase sales and revenue was true in the 1700s and is still true today. One of the best ways to save time and money is to deposit your check payments faster.
Depositing paper checks can be time-consuming when done manually, it takes time to annotate the books, record the transaction and take the checks to the bank. During each of those steps, you are burning valuable time and losing potential revenue.
So, what’s the truth about how you can speed up a check deposit? Processing your checks electronically is the answer! Electronic Check Processing software is designed for businesses to quickly accept and receive guaranteed funding at the point of sale.CrossCheck makes it easy to get started, with available 24/7/365 customer service and loaner equipment at no extra charge.