If you’re working for a small- to mid-sized company, controlling check receipt from customers could be a great challenge. Through this post, I am going to share four steps to controlling check receipt from customers and minimize the risk of check lost.

There are some typical preconditions naturally exist in small- to mid-sized companies that result in a great deal to controlling check receipt.

Before any other conditions, firstly, cash handling has been long known as an area where serious control is always required. Loosing sight to this area could expose the company to a high degree of asset loss risk. Second, the use of paper-based check is still common. Despite the availability of sophisticated accounting system on the company side, there is still a high possibility of receiving paper-based check payments from customers which are usually not a big company. Finally, small- to mid-sized companies have limited number of staffs. So, how do you control check receipt properly? Read on…