Millions of new business applications are filed each year, but only about half of newly-launched businesses make it to the 5-year mark. Financial management problems are often at the root of small business failure. It takes a multifaceted approach to create a solid financial foundation, and the right software tools can help new business owners avoid some common pitfalls that prevent them from maximizing their funds.
Checkeeper offers online check printing and mailing software that business owners and bookkeepers rely upon for those times a paper check is needed. Checkeeper services are affordable on any budget, free to try, and they can help new business owners avoid some common bookkeeping problems.
Records that are disorganized, inaccurate, or outdated can cause a lot of problems with cash flow, tax preparation, expense tracking, budgeting, and forecasting. For those times when a paper check is needed for payment, online check printing takes the hassle—and the errors—out of check registry recording. All Checkeeper accounts come with an online check registry that automatically records and stores the details of each check created so that you don’t have to enter the information manually, a process prone to error, omission, or inadvertent duplication. Search your registry according to any check field when you need to track down a payment; run a report according to any month, quarter, year, or custom time frame when you need to track expenses, reconcile accounts, or turn over records to your accountant.
Too many hands in the books can lead to problems when a standardized system is not being followed by everyone. While delegating some of the bookkeeping can save time and improve efficiency, it is important to implement a clear system that is followed by all users so that you can maintain control and establish accountability in the payment process. Checkeeper makes it easy to delegate some check-issuing responsibilities to team members or remote bookkeepers without giving up all control. Authorize user permissions in the Checkeeper account, and limit those permissions to only designated features. Set up an approval process, if needed, so that large or important payments receive approval before being submitted. The Checkeeper registry tracks the payments initiated by each authorized user so that you can trace a specific or disputed check directly back to the user who initiated it. Checkeeper ‘User Permission’ settings were designed to help you let go of some of the work, but not necessarily the control.
Online, cloud-based tools have come a long way to help entrepreneurs, solopreneurs, and small business owners access financial management software for a fraction of the price and without all the IT specializations and expertise. However, software services that don’t work together can waste money and create inefficiencies. Checkeeper is cloud-based and mobile so that it goes where you do, and all the IT, security, updating, and site maintenance are handled for you automatically. Checkeeper also saves users time by integrating data with other online accounting and payroll software for smoother, more streamlined bookkeeping. Instead of repetitively entering data in multiple locations—a process highly prone to mistakes—enter data once, and have it updated across all relevant channels simultaneously. Checkeeper integrates with QuickBooks Online, FreshBooks, Gusto, Square, Xero, Odoo, and Patriot Payroll in order to create faster, more accurate, more streamlined payments and records.
Payments to vendors, insurers, suppliers, employees, and affiliates must be submitted on time to avoid late penalties, interest charges, canceled services, weak business relationships, and a poor reputation. When the bookkeeping falls into neglect, or paying bills starts to become too time-consuming or disorganized, online check printing can help. Checkeeper enables users to get a custom business check—completely filled out—in their hands in only seconds. Print as many checks as needed all month long without incurring any additional fees. Checkeeper offers automatic bill-to-check conversion options for those who link Checkeeper to compatible accounts that contain unpaid invoices. Don’t even have time or supplies for that? Have Checkeeper do it for you. Order your checks printed and mailed by Checkeeper directly, and checks can be in the mail on the same business day according to whichever speed you choose.