Distribution Companies can streamline processes and save driver time with electronic checks!

What happens when your driver shows up to make a delivery, but there is no one at the receiving company to sign a check? According to the National Beer Distributors Association, drivers wait an average of 15 minutes to collect a check, and in many cases they drive away with a full truck because the business owner is not available. Even when the driver collects a check, there is risk of loss or theft between the deilvery and the receipt of the check in the office. Once the paper is received, it costs the accounts receivable department a couple of bucks to process the check. If it bounces, it can be difficult to recover.

All of these issue can be solved with electronic checks. ACH transactions will allow you to debit a pre-authorized amount from your customer's checking accounts. No more waiting by the driver, and no more worrying about the check being lost or stolen. Your back office efforts will become easier, too.

Benefits

Save costs by increasing driver efficiency
When drivers are no longer waiting for checks, they can be making another delivery, or headed home a little earlier each day. Either way, you win.

Improve cash management
No more worries about lost or stolen checks. Receive cash in your account faster, and process returned checks more effectively while saving on collections costs.