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Management Educated on the Value of MICR

Question: 
We are considering replacing our dot matrix printers with laser printers to print checks.Beyond replacing old equipment, are there opportunities for process improvement within our organization? Any thoughts on where to focus when talking to management about issuance process improvement?
Answer: 

I'll assume you will be using MICR toner in these laser printers printing on blank check stock. If not, you are missing a prime opportunity to cut costs and improve business processes around check issuance. Laser printers built specifically for MICR check printing, especially those with more current security features, offer branches the opportunity to reduce manual processes with regard to check printing security.

First published on 09/04/2006

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