Running a business can be very challenging. You have a mountain of responsibilities you have to stay on top of, most of which cost money. The most important one as far as your employees are concerned is payroll, which summarizes all the financial records concerning their wages, salaries, deductions, and bonuses.
The most common form employees receive their pay in is Canadian cheques, and for a good reason. This is a reliable payment system with over a thousand years of history. Eastern Mediterranean merchants pioneered this form of payment before the year 1000 AD. They found it easier to transfer payments by writing out a document instructing a financial institution to make a payment to the person holding the cheque. In 1830, the Bank of England started producing chequebooks. These came in groups of 200, 100, or 50 cheques with stubs that were sewn together. Since then these have become a common form of payment for pretty much anything. Every day in Canada, over 2 million cheques are processed.
When it comes to distributing paycheques, it is understandable that you would want to spend as little on the process as possible. However, you may not be getting the most out of your money. Especially if you run multiple companies, switching to a specialized cheque printing company can save you time, money, an grief. Despite this, 9 out of 10 Canadian companies are unaware that they even have a choice of cheque vendors. The right printing company can offer you laser cheques that are not only more secure but can be produced much faster, leading to more prompt paydays for your company. The best vendors also offer personalized cheques, with your own logo and information professionally printed on each cheque. You can get all of this at a lower cost than the leading source of cheques, so why not give it a try?
Payroll cheques have never been more convenient to get. Using customized laser cheques from a cheque printing company can make running your business much easier. It is not only streamlined but more professional looking all around.