Cost Of A Paper Check Calculator for NetVU Members
The content highlights the high costs associated with processing paper checks—averaging $7.78 to as much as $30-$40 per check—encourages NetVU members to switch to digital payments, and promotes ePayPolicy’s digital payment integrations with popular Vertafore management systems to reduce these expenses.
NetVU Users!
How Much are Paper Checks Costing You?
- How many checks do you collect monthly?
- How many checks arrive past the due date?
- How many checks do you send monthly to partners?
The Average Monthly Cost of Handling Checks
Skip the Paper and Go Digital Today
According to a study conducted by the Aberdeen Group, the average cost of a paper check was $7.78.
The True Costs of Paper Checks Revealed
Eric Wistrand of Couch Braunsdorf Insurance Group calculated that it cost between $30 to $40 to process a paper check and deposit it into their bank account.
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Cost Of A Paper Check Calculator – Netvu members
The NetVU Cost Of A Paper Check Calculator highlights that processing paper checks can cost agencies between $7.78 to $40 each, emphasizing the hidden expenses of handling and depositing checks, and promotes digital payment integrations with popular Vertafore management systems through ePayPolicy to streamline and reduce these costs.
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