FiChecks pitches lower-cost blank stock check printing

FiChecks says businesses can cut check issuance costs by switching from pre-printed checks to on-demand blank stock printing. The company says the shift can reduce inventory, simplify reconciliation and save up to 94% on check costs.

Why it matters: - FiChecks is targeting a basic back-office expense for businesses that still rely on paper checks. - The company says on-demand blank stock printing can reduce per-check costs, lower inventory needs and simplify payment workflows. - FiChecks also frames the change as a way to reduce hidden costs tied to storage, reordering and labor.

What happened: - FiChecks published a cost comparison of pre-printed checks versus blank stock check printing. - The company said its platform supports on-demand check creation, blank stock printing, digital payment recording, mailing and emailing checks, and ACH support. - FiChecks said businesses can use the platform for customized workflow solutions tied to check payments and reconciliation.

The details: - FiChecks put its estimated total cost for blank stock checks at $0.29 per check. - The company placed traditional checks at $2 to $5 per check. - FiChecks said blank stock printing eliminates pre-order inventory, lowers reordering pressure and reduces stock risk. - The company said traditional checks require pre-order inventory, involve higher reordering needs and carry greater stock risk. - FiChecks said blank stock printing offers no limits on printing on demand, while traditional checks have limited scope. - The company said its platform integrates digital records, while traditional checks do not reliably support them. - FiChecks said the real cost of issuing checks includes direct printing costs, possible mailing costs and labor. - The company said bulk discounts may help larger businesses more than smaller ones. - FiChecks said pre-printed checks can create storage, control and reorder challenges because of changing order needs. - The company said unused pre-printed checks can lead to inventory waste, information errors, mismatches, reprints and multi-account complexity. - FiChecks said businesses can use an annual savings calculator by multiplying monthly check volume by 12 and the current cost per check. - The company said a business issuing 1,000 checks a year could see savings as the cost drops from $2 to $5 per check to $0.29 per check. - FiChecks said its model can save businesses up to 94% on checks.

Between the lines: - The pitch is less about check stock itself and more about shifting finance teams toward a lower-variable-cost workflow. - The emphasis on reconciliation, collections, cash-flow planning and vendor management suggests FiChecks is positioning the product as a broader payment operations tool, not just a printing service. - The savings claims depend on assumptions about check volume, current processing costs and how much a business spends on inventory, reprints and labor. - Dr. Saheer Nelliparamban, FiChecks founder and CEO, said the company identified the benefit of blank check printing over pre-printed services early and built the solution around customer value.

What’s next: - Businesses evaluating check workflows can compare current issuance costs against FiChecks’ $0.29 per-check model. - FiChecks is likely to keep pushing its platform as an alternative for teams that want check printing, mailing, emailing and ACH support in one system. - The company’s claim of up to 94% savings will likely be a key selling point in future customer discussions.

The bottom line: - FiChecks is betting that lower per-check costs and lighter inventory management will be enough to pull businesses away from pre-printed checks.