Digital Signatures Speed Up Your Check Printing Process

If you use a MICR printer, MICR toner, and blank check stock to print checks, you probably think that you have everything you need for check printing. What if there was a way to make that process even more secure and efficient? Digital signatures can speed up the process and allow you to get checks to clients and customers faster.

The Benefits of Digital Signatures

Checks still need to be signed, and getting authorized signatures is often a lengthy process. To make things easier, you can use digitized and encrypted signatures. These digital files can be securely stored for use with a TROY MICR Printer. You can then apply signatures easily and securely to all the checks you are printing. In addition, remote employees will not have to run to the office to sign checks or coordinate meetings with the CFO.

In addition to digitized signatures, logos can also be securely digitized and stored for inclusion on printed checks.

By using digital signatures with blank check stock, your employees can print checks on demand instead of having them preprinted and lying around. Plug the device into the printer, set up the digital signature with your check writing software, and you are done. During one pass through the printer, the entire check will be printed, including the signature.

For many businesses, digital signatures could be a huge asset, increasing the efficiency of your workflow. Even better, they are hassle-free and easy to add to your organizations check printing process.

Improve Customer Experience

How long does it take your teller to print a financial instrument for a customer? Is it less than 5 minutes? When a customer requests a paper check, many banks can see their wait times increase dramatically in some instances by as much as 7–15 minutes.

Digital signatures, in conjunction with blank check stock, can enable banks to automate the signature process, while still requiring second handwritten signatures for checks over a certain amount. This eliminates the need for tellers to take time and track down a manager to authorize and sign the financial document. Additionally, it can greatly reduce the amount of time that your customers are standing in line at the teller window.

Digital Signatures in a Total Check Printing Solution

Check fraud is among the most common forms of payment fraud, followed by credit card fraud, ACH fraud, and wire fraud. In a recent survey, 74 percent of companies experienced actual or attempted check fraud, up from 70% the previous year. Although it might seem like fraud has been decreasing over the last few years. However, over the last two years, we have been seeing fraudsters take advantage of new vulnerabilities exposed by some of the unplanned changes in work.

By using digital signatures with a MICR printer, MICR toner, check printing software, and blank check stock, you can increase the efficiency of your process. Using all of these enables the printing of the check’s vital information, i.e., the MICR line, in the precise location on the blank checks to pass bank clearing and apply signatures to all the checks you are printing. All the information can be printed in seconds, increasing your organization’s efficiency.

Ready to Get Started?

Let us help you. If you are interested in learning more about digital signatures, the MICR specialists at TROY can help you. Contact us by calling 304-232-0899 or email Secure@TROYGroup.com.