FOR COST JUSTIFICATION OF LASER CHECK WRITING

1. How much do you pay now for pre-printed check stock? (per thousand)
2. Is there a minimum order requirement? What is it?
3. Have you thrown away check stock because it was out-dated? Value?
4. Do you print on multi-part, pre-printed check stock now?
5. Is it continuous feed type check stock?
6. How many bank accounts do you need to stock checks for now?
7. How many different financial institutions?
8. Do you lease the printers you use for check printing now? What is monthly payment?
9. No, we own the printers. Model/Type printer
   1. If you own, will you need to replace in next year?
   2. Maintenance for those printers/annual
   3. Supplies for those printers/annual
10. How do you sign checks now? Check Signer Manual?
    1. How much do you pay for maintenance on the Check Signer?
    2. Does the Check Signer need to be replaced?
    3. How many hours do you spend manually signing checks/month?
11. Do you use a burster to separate continuous check stock? How much do you pay for maintenance on the burster/month?
12. How many check runs do you perform per week or month?
13. How many checks are in a typical run?
14. How long does it take to do a typical check run now?
15. Do you use “Positive Pay” now?
16. Do you use electronic reconciliation now?
17. Do you electronically deposit payroll now?
18. Do you use mail handling equipment for checks now?
19. Do you use envelopes and stuff them now?
20. Do you outsource any of the post-processing? How much do you pay for that service?
21. How many people process Accounts Payable?
22. How many people process Payroll?
23. How much do you pay for W2, 1099 or other related forms?
    

POST PROCESSING EQUIPMENT

1. Do you use mail handling equipment for checks now? Model/Type:
2. How many “pages” can the equipment handle now per hour?
3. Do you use envelopes and stuff them now?
4. Do you outsource any of the post-processing? How much do you pay for that service?
   

CHECK FRAUD

1. Has the company experienced any form of check fraud?
2. How much did it cost you (loss + legal fees + time cost)
   

REFERENCE

Cost Per Each Staff Minute

Salary	$25,000	$30,000	$35,000	$42,000	$50,000
Hourly Rate	$12/Hour	$14/Hour	$17/Hour	$20/Hour	$24/Hour
Cost per each Staff Minute	$.20	$.24	$.28	$.34	$.40