Auction houses are the middlemen who help people buy and sell things by hosting auctions where buyers bid against each other. They may have to deal with high-value B2B transactions on a daily basis. Checks by mail is one efficient method via which they can make their transactions.
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Consider The Following Situation in An Auction House
An antique piece of art, a valuable corporate asset, goes under the hammer after a tense bidding war. The seller celebrates, and the buyer is ecstatic. However, the real struggle that is yet to begin is the battle of payments. With clients ranging from big corporate companies to small businesses, the payment process is not a straightforward process for an auction house. Moreover, each client may prefer a different payment option, and satisfying each of them is essential for maintaining the credibility of the auction house.
Some clients may prefer getting paid by checks. But, making check payments via traditional ways is nearly impossible. This is mainly because ordered checks may take at least 3 to 4 days to get delivered and another 3 to 4 days to reach the recipient. Moreover, while making check payments via traditional methods, you may have to do the entire mailing process, such as printing, enveloping, etc, on your own. This may cost you additional time and effort.
What is the effective solution that an auction house can find?
An auction house can easily make check payments with OnlineCheckWriter.com – Powered by Zil Money. The platform does everything on behalf of the sender. The best part is you can make check payments at an affordable cost and that too via the reliable USPS/FedEx.
Send Checks Quickly
With OnlineCheckWriter.com – Powered by Zil Money, an auction house can send checks swiftly. Depending on the urgency of settling the payment, you can choose between overnight check mailing, first-class mailing, priority mail, and express mail features offered by the platform. If you have opted for the overnight check mailing feature, your check will get delivered within the next business day. First class mail would take 1-5 business days, priority mail would take 1-3 business days, and express mail would take two business days to get delivered to your payee.
Send Checks Without Any Hassle
Another peculiarity of OnlineCheckWriter.com – Powered by Zil Money is that it allows you to send checks easily without worrying about the usual hassles associated with mailing checks. Traditionally, while mailing checks, you may have to print, label, and envelop your checks on your own. After that, you may have to send them separately, which may cost you additional money and time. This is never a problem when you have the cloud-based platform. The platform does the entire mailing process on your behalf and sends them to your payee. Moreover, the entire mailing process can be done at an affordable cost.
Attach Your Documents Easily
While mailing checks via OnlineCheckWriter.com – Powered by Zil Money, you also have the flexibility to attach documents. The platform allows you to send documents with any number of pages easily, along with your checks. For this, all you need to do is attach your document as a PDF file. The cloud-based platform will print your PDF along with your checks and will send them to the respective payee at an affordable cost. This helps auction houses to combine both checks and documents in a single affordable package rather than sending multiple mailings.
Integrate with Your Accounting Software
With OnlineCheckWriter.com – Powered by Zil Money, you don’t have to worry about the manual data entry process that is usually needed when mailing checks via traditional methods. This is possible because you can integrate the cloud-based platform with your accounting software. This integration facilitates the importation of check data to the platform. Therefore, you no longer have to manually enter data on a check. This can reduce the possible errors that usually come with manual data entry.
Secure Your Checks with Efficient Security Measures
OnlineCheckWriter.com – Powered by Zil Money, offers efficient security measures that guarantee the safe delivery of your checks. The first one is the positive pay feature. This feature works by pre-informing your banks about the arrival of your checks. Thus, the bank will only process those checks. Any other check presented for payment will be sent for further verification. Another security measure offered by the platform is the customization feature. With this feature, you can add watermarks, digital signatures, and more on your checks and make it difficult for fraudsters to copy your checks.
Other Payment Options
In addition to the check-by-mail payment option, OnlineCheckWriter.com – Powered by Zil Money, offers other payment options that can also help an auction house. ACH, wire, eCheck, credit card, payment links, and virtual cards are some of the most prominent. The availability of multiple payment options helps an auction house to deal with a diverse clientele, including businesses and institutions, each with their preferred payment methods.
Conclusion
OnlineCheckWriter.com – Powered by Zil Money, can help an auction house in great ways. The check-by-mail feature offered by the platform, together with other payment options such as ACH, wire, and more help them to save cost and time. Moreover, the efficient security measures offered by the platform guarantee that your payments are safe and secure.
