This blog deals with where to find cheap checks for business and what are the benefits of online check printing for a small pharma company.
The advancement in medical science, increasing healthcare demands, and breakthroughs in biotechnology have resulted in the significant growth of the pharmaceutical industry. 40% of the global pharmaceutical sales are from the US, and around 50% of the world’s top-selling drugs are manufactured by US companies.
Despite the rapid growth and technological advancement in the pharmaceutical industry, many pharmaceutical companies still use checks for several reasons. Pharmaceutical companies often deal with large-scale transactions involving suppliers, research partners, hospitals, and distributors. Checks offer a tangible, verifiable payment method that is most suitable for making these large-scale B2B payments.
Nevertheless, making check payments via the traditional method is time-consuming and laborious. Ordered checks may take weeks to get delivered, which ultimately results in delayed payments.
For the pharmaceutical industry, late payments to suppliers of raw materials, equipment manufacturers, research collaborators, and distributors can disrupt its operations. It can affect the timely delivery of essential goods and services. Moreover, delays in funding research can slow down the drug manufacturing process. This may result in delayed regulatory approvals and the late introduction of new drugs to the market.
This one drawback of checks is making it less reliable than other payment methods. So, what is the solution?
Check Printing!
Online Check Printing can help you to have checks the moment you need them.
Now comes the question of how to print checks.
You can print checks easily using OnlineCheckWriter.com – Powered by Zil Money.
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Print Checks Easily
OnlineCheckWriter.com – Powered by Zil Money, allows you to print checks on demand. That is, you no longer have to wait for the ordered checks to get delivered. You can print your checks on blank stock papers, which are readily available at any nearby office supply store. Printing checks on blank stock papers can help you save 80% of your check printing costs compared to ordering pre-printed checks.
For a pharmaceutical company that may have to use hundreds or thousands of checks each month, online check printing can result in significant cost savings over time. It can also help them to pay for emergencies, such as settlement payments for a legal dispute, unexpected equipment repair, etc.
Customize Your Checks
With OnlineCheckWriter.com – Powered by Zil Money, you can easily customize your checks. You can add logos, fonts, and all other elements that can bring professionalism to your brand. Thus, customization helps you to reinforce the brand’s identity and establish a positive impression with vendors, partners, and customers.
In the pharmaceutical industry, it is critical to ensure compliance with regulatory requirements. The ability to customize checks lets the industry add necessary details that help to ensure compliance with financial reporting standards and audit trails. Moreover, having separate customized checks for vendor payments, payroll, or clinical trial reimbursements reduces confusion and improves financial management.
Send Checks Effortlessly
OnlineCheckWriter.com – Powered by Zil Money, allows you to send checks both virtually and physically. While sending physical checks with the platform, you don’t need to do the entire mailing process all by yourself. The platform will print, label, envelope, and send checks on your behalf.
You can even decide the day your payee should receive payment. The cloud-based platform offers an overnight check mailing feature, which ensures check delivery within the next business day. Next, you have the first-class check mailing feature, with and without tracking, which delivers checks within 1-5 business days. Then you have priority mail feature and express mail feature. The former delivers your check within 1-3 business days, and the latter delivers within two business days. You can send eChecks via email or SMS instantly as one-time printable PDFs.
Fast-check delivery options help the pharmaceutical industry to pay suppliers promptly. It helps them to keep a steady flow of materials that are necessary for manufacturing. Moreover, it allows them to make immediate payments to clinical trial sites, which helps them to keep trials on schedule and within the budget.
Attach Documents Along with Your Checks
OnlineCheckWriter.com – Powered by Zil Money offers the flexibility to attach documents along with your checks while sending them to your payee. You can attach your document with any number of pages as a PDF file. The platform can print documents on your behalf and send them quickly.
The ability to attach relevant documents like invoices, contracts, etc, allows a pharmaceutical company to ensure that all necessary information is provided in one package. This can help in reducing the possibility of confusion or disputes. Moreover, it facilitates easier audits and makes sure that all financial transactionsare documented properly.
Conclusion
Cheap checks for business can be easily obtained from OnlineCheckWriter.com – Powered by Zil Money. The platform’s ability to print checks on blank stock papers makes them cheap, enabling businesses of all sizes to easily afford them. The other benefits of the cloud-based platform, such as customization facility, multiple check delivery options, etc, make it an ideal solution for any business.
