How to Send and Receive Checks by Fax?
Can you fax a check? Yes! In fact, one of the most common ways today to send a check is by fax, and it is an excellent option for secure delivery to a check recipient. In fact, sending and receiving checks by fax is one of the most preferred ways for companies to accept payments. […]
What is the Positive Pay System?
Check-related frauds have been around since the inception of using checks for extending funds. Many individuals, businesses, and companies experienced fraudulent behavior such as check kiting and other forms of scams; because of this, most banking institutions’ Cash Management departments offer Positive Pay System. This automated tool’s main purpose is fraud detection and prevention. Knowing […]
Why Businesses Should Outsource Their Bookkeeping?
There are no doubts: it is very challenging to lead any sort of business, no matter its size and influence. Several factors, including not circulating the same amounts of money as large businesses, understaffing and having multiple types of work at a single job position can turn an otherwise exciting and fulfilling experience of being […]
Check Clearing for the 21st Century Act – What is Check 21?
On October 28th of 2003, Federal law implemented a new act under the 108th Congress of the United States – an act that would, with the day of its effect inception exactly a year later, completely revolutionize America’s everyday monetary policy and overall extending of funds. We are, of course, talking about The Check Clearing […]
e-Check vs ACH Payments – Which is Better?
New payment methods are emerging constantly with the rise of technology and automation. And while there is a palette of choices on how to handle and extend your finances, among the most popular ones, and for a good reason, are ACH and e-Checks. Keep reading – we are here to help you get familiarized with […]
What are eStatements – Benefits and Drawbacks
Signing up for paperless statements saves time, space, and trees; however, we cannot help ourselves but ask – is it completely worth it? Once you go paperless, your statements will not be delivered in your mailbox. Instead, you will be getting them in your e-mail inbox. Read along – we’ve prepared some pros and cons […]
The Billionaire Life of Warren Buffett. Free On Youtube.
The full BBC Documentary, The Billionaire Life of Warren Buffet, is a pretty awesome watch. I watched it this morning. Sometimes we forget all the cool stuff that we can find on Youtube, for free!
