Efficient financial management is always a major element when it comes to running a successful equipment supply business. As an equipment supplier, you may often have to handle high-value transactions for heavy machinery or specialized tools. With such high sums at stake, ensuring secure and accurate payments is very important. One seemingly small detail that plays a huge role when managing payments is the account number on check.
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What Is the Account Number on a Check?
An account number is a set of unique numbers that usually ranges between 8 to 12 digits. This number helps to identify the bank account owner at a financial institution. As this number is a unique identifier, it is only assigned to a single account of a specific financial institution. Therefore, it helps financial institutions to ensure the funds are deposited and withdrawn from the appropriate account. You can easily find an account number at the bottom of a check between the routing and check numbers.
Why Account Number Is Important for Equipment Suppliers?
As an equipment supplier, you may have to depend on reliable manufacturers and vendors to get parts, tools, or machinery essentials. In order to run your business smoothly, you have to make payments to these vendors on time. As these are large payments, you might be relying on checks. However, it is always essential to make sure your account number is only shared with trusted entities. Otherwise, it can lead to unauthorized access and check fraud, which can cause you significant financial loss.
When you order preprinted checks from third parties, it usually comes in bulk. You will need a separate inventory to store the preprinted checks as they contain important financial details like account numbers. So, when storing checks in bulk, there is a high chance for your checks to get exposed. Also, if there is any mistake in the ordered checks, you will have to order a whole new set. This can be an unnecessary expense draining your business checking account.
So, how to solve these hassles of check payments?
Instantly Print Checks with the Check Printing Software
Using OnlineCheckWriter.com – Powered by Zil Money, you can print checks instantly on demand. With the platform, you can say goodbye to the hassles of ordering preprinted checks and storing them in separate inventory. This is because the platform helps you to print checks only when you need them.
To print checks on the platform, all you need is a blank stock paper and a printer. You can get blank stock papers from a nearby office store and start printing. By printing on blank stock papers using the platform, you may save 80% on the traditional check printing costs. You may use this saved money for any other operational expenses efficiently. Therefore, you do not have to buy expensive preprinted checks from third parties instead, print checks with the check printing software.
Easily Create the Checks You Need to Print
You can create and customize checks using OnlineCheckWriter.com – Powered by Zil Money, with a few clicks. The easy drag-and-drop feature of the platform helps in simplifying check creation and customization. You can add your equipment supply business’s logo, change font styles, and set background images on your checks. Also, you can add other design elements and fields to include any details on your check using the platform.
By providing a professional-looking customized check to your vendor, you can reinforce your brand image. Also, it helps impress your vendors and builds trust among them, as custom checks showcase your uniqueness. This uniqueness can also be helpful in high-value transactions as it reduces the risk of check alteration.
For easy customization, the platform also provides you with many predesigned check templates. There are business, payroll, personal, and premium check templates on the platform. Select the template you need accordingly and save it for future use. Once you are done, print the checks instantly on demand.
Integrates with Top Accounting Software
In your busy schedule of handling the equipment supply business, you may not get time to create checks. Do not worry! OnlineCheckWriter.com – Powered by Zil Money, easily integrates with top accounting software. With this integration, you can import the checks from your accounting software to the platform. After the checks are imported, you can make any changes to them with the customization features of the platform. Once everything is complete, you may print them instantly on demand.
Other than accounting software, the platform is integrated with more than 22000 financial institutions in the U.S. and Canada. Therefore, you can easily connect multiple accounts associated with your business on the platform. With this, you may reduce check fraud and reconcile all financial data easily into a single place. Also, you can print checks of any financial institution with the respective account number on the platform. Other than check printing, the platform also facilitates checks by mail, eChecks, ACH, wire transfers, and more.
The Conclusion
The account number on check is very crucial for an equipment supplier dealing with large payments. When relying on preprinted checks, there is a high chance of important financial details like account numbers getting exposed. So, use OnlineCheckWriter.com – Powered by Zil Money, and instantly print checks with the account number on them for secured check payment.
