BVC Promo

Official Checks Commerical Edition  
In 2016 "Highway Robbery" Still Exists!
It's Just Outrageous !
It’s absolutely criminal  — $140.99 for 250 Business Voucher Checks -- plus shipping! That’s what the “Goliath” check services vendor charges commercial business accounts.
JimPicPainted  JIM's JOURNAL
      The Banking Business Blog
     Opinions, & Observations on the Business of Banking...  And Other Musings... !


Ever heard of “softlifting” – or, “softloading”? Congratulations if those terms are unfamiliar – means you haven’t been sued by a software house for illegally duplicating their intellectual property ---- at least not yet you haven’t.

Softlifting and softloading is legalese for software piracy; it’s sharing a program with someone who is not authorized by the license agreement to use it -- on individual workstations or remotely accessed from a central server. To add new users the proper protocol is to get sufficient licenses ahead of time -- standard practice for operating systems, core processors, etc. – the “big” stuff, so to speak.

Where things get sticky is with the little supporting adjunct packages. They are all necessary but during set up routines don’t command the same attention. So, it winds up being a copy and paste operation and – “Hey, we’ll just clean up the mess later.” Trouble is, clean up gets shoved down the “2-DO” list, and never addressed.

Now, all it takes is some greedy little whistle blower to tip off the right law firm (and there are plenty of them out there) – and you are toast -- burnt toast! You can’t suppose that employees who work your system all day long won’t know exactly which pieces are not in compliance. And, as if you didn’t already know, law firms who specialize in these matters are heavy duty. They don’t think twice about a couple 100 thousand in finder’s fees to get some low level staffer to rat you out.

This is why you need to get the best automated Software Asset Management (SAM) package you can find. It is key and critical to the continued uninterrupted successful operation of your business. You can start here: Capterra They compare SAM products with reviews, installed or web-based, and there is a search for features utility.

Next installment – How, Why and How Much



It’s a fashion statement I was NOT prepared to make. First of all, to make it harder to escape they hide all your clothes. Then a cute little nurse announces, “Here’s your gown. You need to put this on.” That did it! My wise guy comedic DNA kicked in -- and deservedly so I think. Those gowns are Ridiculous!DoggyGown

It went something like this: “Oh, yes, right – the gown. Uh, thank you – I think. But, I do have a question. Do you have one that’s a little longer – for tall people, LIKE ME? I’m 6‘ 8” don’t you know. Really, this thing doesn’t cover very much, at least none of the stuff I consider important. Seriously, I have shirts at home that are longer. And, why is the back open? After all, the doctor told me the procedure is going to be through a vein on my wrist.”

Anyway, to cut a long story short, beyond the initial embarrassment of that silly gown, everything went just fine. Thankfully, James, my son, had flown in to help. There was no pain beyond the stick of a needle and I was awake the whole time. Well, actually I dropped off once or twice – started to snore.

But, beyond all the drama, upset schedules – and FEAR – the great and wonderful news is -- they fixed my heart -- no more blockage! It’s now pumping loads of red stuff to all the right places. God bless the genius innovators who discover procedures like this -- amazing.

There are a lot of innovations in banking as well – for just about everyone except check users. You would think these high value clients (bigger deposits, more net worth and less loan risk) would deserve some sort of preferential treatment -- for their check orders at least.

Now, if you want to impress this upscale market segment, there is a really simple innovative system called the check:R. that you and your clients will love. We even guarantee it and you will wonder why no one thought of it years ago.

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What the heck are “IN YAHS” AND “ON YAHS”? No, it’s not a secret “solve for Y” world peace formula. But, it is a great example of the KISS philosophy and a really neat organizing method --- for your bathroom medicine cabinet! (You giggled didn’SNEEZEt you?) Vitamins, aspirin, antacid, over the counter cold remedies, etc. -- those go IN YOU -- the “IN YAHS” drawer. Hand lotion, talcum powder, bandages, and salve go ON YOU -- the “ON YAHS” shelf. IN YAHS and ON YAHS -- pretty simple KISS stuff …

THE GOAL GOLDRATTHere is another KISS concept – Elihu Goldratt’s Theory of Constraints (TOC). You will love the unique method he uses to present the methodology – a novel. THE GOAL, his first book, written in a fast-paced thriller style is a business textbook, disguised as a love story. But, it is more than just compulsive reading. It contains a serious message for all managers, a message that prompted General Motors, Procter & Gamble, AT&T, NV Philips, ABB and Boeing to explore the veracity of TOC.

THE GOAL is a gripping novel that you will recommend to friends - even to your bosses - but not to your competitors. Alex Rogo is a harried plant manager working desperately to improve performance. His factory is rapidly heading for disaster and so is his marriage. He has ninety days to save his plant or corporate HQ will close it, with hundreds of jobs lost. A chance meeting with Jonah, a professor from student days, helps him break the bonds of conventional thinking on the way to a dramatic turn around.

One more KISS concept for you banker types -- because high balance clients and commercial accounts prefer paper checks (See the Check User Profile), why not cater to their preferences? You can do it with the check:R -- easy to implement and administer, brings new fee income to the bottom line, and puts your quality of service above the “also-rans”. Take a look – and let us know your thoughts.

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Here are some interesting takeaways from Blair Jeffery’s article – “Will 2017 Ring In the Death of Paper Checks?”

  • A 2016 SunTrust Bank survey of SMBs (middle market and small business executives) indicates that more than 57% of all their payments are through paper-driven processes and checks.
  • Similar results from the AFP 2016 Electronic Payments Survey shows 51% of B2B payments are still made by check, an increase of 1% compared to 2013 levels.
  • Interesting to note -- less than 2% of all businesses use bank offered bill pay solutions.
  • Javelin Research goes a bit further -- QUALITY CLIENTS are CHECK USERS.

What does that mean for the banker? Putting it simply, there is more money to be made – on at least 3 different fronts. Read more about it! You will be surprised. We guarantee it!MPSI Footer

CHANGE IS PAINFUL – absolutely – so much easier to just bump along – same old, same old. After all, why upset the apple cart? Besides, who wants to suffer the rigors of changing stuff?SWITCH

If change is a challenge where you live, this is a great book on the subject by the Heath Brother’s -- “Switch: How to Change Things When Change Is Hard”. We have recommended it to any number of executives. There is even an audio version; listen on the way to work.

The Heaths summarize years of research into a good read that keeps your attention with humor, interesting real world illustrations, and practical strategies. We think you will appreciate it as much as we have and use it as a reference work.

While we are at it, here is a really simple change for you -- the check:r. You increase fee income, eliminate the outsourcing money drain, build your asset ratios, and bring a quality of service with your most important check user clientele that they will easily understand and appreciate. We don’t know why no one thought of this several years ago.

Let us know your thoughts.


OverTheTopCertainly you’ve heard of Zig Zigler – one of the best known and well-loved motivational speaker/authors of our day. Zig is no longer with us, but his books, recordings, and videos live on. If you’ve never read his Over the Top book you’re missing some really good stuff. There’s no other way to say it – it’s OVER THE TOP in good old common horse sense about… “How to get more of the things money can buy and ALL of the things money can’t buy”. If your objective is a “C average” – don’t bother, forget it; this book is NOT for you. On the other hand, if your desire is to exceed expectations – family, relationships, customers, team spirit – then don’t miss this one. Every one of your staff should read it – you included.

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