A Better System for Issuing Payments in the New Year

Dawn
Dec 9, 2024
A Better System for Issuing Payments in the New Year

There are a lot of items you can add to your New Year’s resolution list, and better bookkeeping should be one of them. If you’ve missed any payment deadlines this year, incurred a lot of late fees, or had errors in your bookkeeping records due to manual recording, the beginning of a new year is a good time to improve the payment process.

Some simple steps to get the next year off right by adding greater efficiency and accuracy to the process of issuing and recording payments:

Update

While you’re updating your inventory, business plan, budget, and other aspects of your business to be better prepared for a new year, consider giving your bookkeeping system a needed update as well. If you haven’t updated the processes for sending and paying invoices, or if your bookkeeping has fallen into a bit of neglect due to the busy holiday season, now presents a good time to start revamping in order to implement a more efficient process that saves time and cuts costs, while keeping your needed payments issued promptly. Updating the system will likely require an upfront investment, but may pay for itself with the time and resources saved all year through enhanced efficiency.

Automate

Many online, cloud-based tools have come along to help small business owners manage virtually every administrative, clerical, and financial aspect of their business. Cloud-based tools give users remote access and online storage; online accounting and payroll software can take a lot of the stress out of paying bills, recording incoming money, and calculating paychecks.

Integrate

Software services for small businesses help streamline the financial management, and those services that work together will help get multiple tasks accomplished at once. Opting for services that integrate with one another saves additional time and reduces errors by having data synced automatically across multiple platforms at once. Automating programs reduce the amount of manual data entry and manual recording that used to be required for record-keeping, greatly improving accuracy and saving everyone a lot of time.

Delegate

Entrepreneurs and small business owners are used to doing a lot of the work themselves, including handling all the bookkeeping. The beginning of the new year may be the time to delegate some of the administrative and bookkeeping work to an employee, assistant, or virtual bookkeeper. Online software services that can be accessed remotely, and by multiple people and devices simultaneously, offer small business owners convenient delegation options without compromising accuracy and efficiency.

When it comes to checks, Checkeeper offers all of the above

Checkeeper was designed with small business owners, bookkeepers, solopreneurs, and busy individuals in mind. Checkeeper takes old-school check writing into the digital age with options for unlimited check printing, mailing, and customizing. Checkeeper accounts come with their own online check registry, ensuring automatic recording and storing of all checks created.

Checkeeper makes a great addition to New Year’s bookkeeping updates. Checkeeper offers:

· Unlimited check printing all month long

· Unlimited options for creating check templates and printing on any kind of check stock or layout

· Automatic recording of all checks in an online registry that can be searched, printed, or downloaded on demand

· Remote access from any device and location

· Ability to add multiple users for no added fee

· Options to add and manage multiple businesses from within the same account login and dashboard

· Integration with several of the most widely-used accounting and payroll software services for small businesses

· Check printing and mailing outsourcing services

· Payroll management options with batch mailing and overnight delivery of paychecks

· High-volume check printing and mailing for: rebates, refunds, settlement payouts, reimbursements, or other mass payments

· A 14-day free trial