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Inside The Accounting Industry

Over the next 10 years the accounting industry job market is expected to rise over 20%. By keeping your overhead low, and targeting the correct markets you can set yourself up for great success.

Inside the Accounting Industry [Infographic]
© 2013 TROY Group, Inc.

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Keeping Fraudsters in Check

Despite the rapid increase in electronic payroll practices and the apparent decline in check printing, many business still rely heavily on paper checks for payroll and accounts payables. However, the risk of check fraud continues to increase as criminals gain access to advanced imaging technology that can create seemingly authentic checks.  Case in point: A very complex and cunning scheme near Pittsburgh, PA, in which a ring of fraudsters diverted $56,000 from the Pennsylvania Department of Public Welfare by printing fraudulent checks. In addition to technology used to print checks from a nonexistent bank account, investigators found fraudulent identification documents to support assumed identities so members of the ring could cash the phony checks.

 

As an award-winning HP business partner, TROY Group provides secure printing solutions that can help prevent occurrences of check fraud like the one described above. TROY has been an innovator in on-demand secure printing solutions since 1971. With unprecedented fraud deterrence features, TROY solutions manage, secure and simplify end-to-end enterprise printing environments. TROY offers TROY MICR Printers, TROY Security Printers , TROY MICR Toner Cartridges and application software for securely printing checks, money orders, transcripts, prescriptions and other important documents. Patented TROY MICR Toner Secure™ has become the industry benchmark for deterring chemical alteration of checks.

 

For decades, banks, government agencies and businesses of all sizes have trusted their check printing to the on-demand convenience and superior quality of TROY secure printing solutions.  These customers have reduced their risk of losses from check fraud. Let TROY provide the assurance that your company doesn’t become a check fraud statistic.

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TROY Group and Aetas Technology Discuss Security Printing

TROY Group’s sales management team met with security printing partner Aetas Technology officials at the Aetas headquarters in China. Aetas is a leader in LED printing, (light-emitting diode), which is similar to laser printing.  However, LED printers use an array of tiny LED lights to create the image. Because they operate with a direct optical path, multiple light sources and no moving parts, they are fast, cost effective and durable. Working with Aetas, TROY will continue to expand its footprint in global security printing applications. Starting off a day of planning are (l-r): TROY Asia Pacific Sales Manager Graham Galliford, Aetas CEO Bobo Wang, TROY VP and General Manager Larry Landtiser and TROY Global Sales Director Jeff Lininger.

 

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Do you print checks?

TROY Group will present its industry-leading secure printing solutions October 16-18 at WB Mason 9th Annual Convention and Trade Show.  Look for the ‘Do you print checks?’ display at booth 436, where we are displaying one of our most popular printer models, the TROY MICR 3015 Secure Ex printer. Equipped with several of TROY’s exclusive industry-leading security features, the 3015 offers multiple layers of check security and fraud deterrence. Ask to see samples, grab some giveaways and register to win one of several $100 gift cards to help us celebrate another year of success with WB Mason!

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ADP Payroll Services + Onsite Check Printing with TROY = A Winning Combination

Many human resources offices rely on ADP for processing payroll because they want their staff to be paid on time and correctly. Using the ADP onsite printing feature with TROY MICR printing solutions provides administrators firm control over their payroll processes.

 

Using onsite check printing gives HR professionals the ability to ensure new employees are paid on time, fix errors on the spot, and even, regrettably, print termination checks when the need arises.  Other employee disbursements such as expense checks and bonus awards are printed just as quickly and easily.

 

Printing onsite also allows business continuity for the HR department in the event of inclement weather or emergency when remote sites that rely on contract payroll check printing can experience delays. Companies using onsite printing are able to deliver their employees’ paychecks without a hitch.

 

So how is onsite check printing through ADP accomplished? A TROY MICR Printer is a unit that has been modified to print the special characters found at the bottom of a check as well as all of the check information, including bank information and sequencing. MICR printers use MICR toner, a specially magnetized toner and plain laser checks, which are simply blank pieces of safety check paper. All of the vital information is printed on each check using the data users add to the ADP system

 

Combining the power of ADP with onsite check printing with TROY solutions is the best way to ensure the job gets done right, every time.

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How many people and places are in YOUR check paper chain of custody?

According to a recent survey of the tax preparation market, more than half of respondents are still using preprinted check stock to print checks; 40% report that their biggest challenge with printing checks is paper expense. Preprinted checks come with the bank routing number, account information and check sequencing printed on them. How many times have you printed a check only to realize that a different number check from the sequence was in the paper tray? Imagine how much time that cost to void that check in the system, recheck the check paper for the proper sequencing and then reprint the correct check.

 

Corporations with subsidiaries, accounting services that support accounts payable for multiple customers and tax preparers all can have secure storage and inventory challenges revolving around preprinted check stock for each entity they support. This often involves several staff members, locations, keys or combinations to control and audit inventory.

 

Plain laser checks are simply blank pieces of safety check paper. All of the vital information is printed on each check at the time the check is printed. Eliminating preprinted check stock by using an on-demand MICR check printer and plain laser stock not only saves money, it saves time and hassle, minimizing waste and the need for internal check paper inventory controls.

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TROY Rounds Out the IRS Tax Forum Season in Atlanta

We enjoyed our time meeting everyone at the IRS Tax Forum in Orlando and New Orleans so much, we’re keeping this show on the road! Our last stop: The IRS Tax Forum in Atlanta on August 20 and 21. This year, TROY is offering bundled packages that represent an entire secure check printing solution. TROY Check Print for QuickBooks® and TROY Check Print for Sage 50 are the latest TROY software solutions created to address popular demand at last year’s IRS forums. Each of these TROY Check Print varieties is a compatible check printing solution that combines top-selling small business accounting software with the power of TROY’s best-in-class on-demand check printing solutions. Don’t miss this chance to ask us how we can help make next tax season go more smoothly for you.  Please make sure to come by booth 412 and say hello!

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TROY Group is on the Road Again…and Again…and Again!

TROY hits the road the week of August 12 to attend a whopping THREE trade shows!  At which one will we see you?

 

First up is the Harland Financial Solutions Connections 2013 Partner Expo in Nashville on August 12-15. We’re excited to be making our first trip to this event to meet Harland financial product users and share our secure check and security document solutions.  We hope you’ll stop by to see us at booth #55 as we display our TROY MICR 3015 Secure Ex printer and demonstrate why our patented TROY MICR Toner Secure has become the industry benchmark for check fraud deterrence.

 

Then it’s on to the IRS Tax Forum August 13 and 14 in New Orleans, our second IRS show this year. Our first show in Orlando was a big hit as we showed our new software solutions created to address popular demand at last year’s IRS forums: TROY Check Print for QuickBooks® and TROY Check Print for Sage 50.  We’re offering special savings this year and we’ll be conducting a focus group to discuss your check printing needs. Space is limited for this special session, so make your way early to booth #318 to get your slot!

 

You can see us again on August 15 at Fenway Park in Boston at the last of this year’s W.B. Mason Buy Right Consumer Shows. There we will showcase our TROY MICR 3015 Secure Ex printer and show just some of the solutions that make up our security document and check printing lines.

 

Be sure to catch us at one of these exciting events!

 

Blog

TROY Will Bring New Solutions for Tax Preparers to the IRS Forum in Orlando

“Does it work with QuickBooks?”

 

“Does it work with Sage 50?”

 

You asked us these questions over and over again at last year’s IRS Tax Forums and we heard you loud and clear. TROY will be exhibiting at the IRS Tax Forums again in 2013 and this year we’re bringing you TROY Check Print for QuickBooks®  and TROY Check Print for Sage 50, software solutions created to address popular demand at last year’s IRS forums.  Each of these TROY Check Print varieties is a compatible check printing solution that combines top-selling small business accounting software with the power of TROY’s best-in-class on-demand check printing solutions. TROY offers bundled packages that represent an entire secure check printing solution.

 

Our first stop will be July 9-11at the IRS Tax Forum in Orlando during the forum’s regular exhibition hall hours.  Stop by booth #132 and see us!

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TROY Group is on the Road Again with WB Mason!

Stop by and see us at booth #195 at the WB Mason Consumer Show at Citifield in New York on June 21. Dave and Wendy will have loads of giveaways along with information on our security printers, our MICR solutions and our specialty toners. See our TROY 3015 SecureEx MICR printer up close and register to win a $100 gift card!