This blog deals with why small businesses should integrate their QuickBooks check printing software with accounting software.
Small businesses are the backbone of the US economy. As of 2023, there were more than 33 million small businesses in the US. In fact, 99.9% of all American companies are small businesses, according to the SBA’s definition. There are around 5.4 million small businesses in the US with employees less than 20 and around 27 million with no employees.
The challenges that a small business has to face are many. One among them is manually entering payment data. Whether it’s writing out checks by hand or updating accounting records after each payment, these small actions add up, creating inefficiencies.
Take, for example, a small property management company. Every month, the owner has to write checks for maintenance services, rent, and utilities. All these payments require the tedious process of filling in the checks, logging them into accounting software, and ensuring it is mailed on time. If one slip-up occurs, whether it be a wrong number or a misplaced decimal, it could disrupt vendor relationships or lead to late fees.
This is not an isolated case. Small cafes, retailers, and freelancers alike face similar hurdles. Manually entering payment data increases the risk of errors, delays payments, and makes reconciling accounts a nightmare.