Why buy a Check Cashing System? - PowerPoint PPT Presentation

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Why buy a Check Cashing System?

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Why buy a Check Cashing System? To make the most money (per square foot ) possible. Done correctly, check cashing can unlock more profit per foot of counter ... – PowerPoint PPT presentation

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Title: Why buy a Check Cashing System?


1
Why buy a Check Cashing System?
2
To make the most money (per square foot )
possible.
  • Done correctly, check cashing can unlock more
    profit per foot of counter space than
    anything else in the store!
  • Done wrong, it can be a nightmare!

3
You NEED a system!
4
Why do you need a check cashing system?
Your need for an automated check cashing system
is becoming more clear every day. Heres
why Banks Banks are becoming more and more
demanding of check cashing stores. They are
requiring more and more in the areas of
documentation, records and compliance. Some
Banks have been cancelling customers who do check
cashing! Federal, State and Local Governments
want more from you. They are requiring documents
and records on every transaction. New laws
(Immigration) will soon increase the
requirements. Check 21 (Electronic Deposit)
requires 2 sided copy of every check as well as
complete documentation. In short It will
become very difficult to make money cashing
checks in the future without increasing the level
of paperwork needed to make money. Without a
system, more paperwork equals more work for less
profit! Most systems will help with the record
keeping most do a really bad job of it!
CheckWare is an exception IT WORKS!

5
CheckWare is built on a rock solid platform.
  • Multi User Software
  • Gives you the ability to access Back Office
    reports and statistics as well as transfer stats
    to your (existing) spread sheets and/or
    QuickBooks programs on your laptop.

6
Why buy CheckWare from Swift Secure Systems,
Inc.?
CheckWare is not designed for the merchant who
is not sure he/she wants to be in the check
cashing business. CheckWare is designed for the
merchant who is in the check cashing
business and wants to save money, increase
profits and reduce the bookkeeping burden of
doing it right. CheckWare is a full featured
system designed to grow with your business. Not
only is the software multi-user so is the
software license! You own your data. We do not
take it captive so that we can raise fees
unfairly! We permit (and encourage) you to port
your data to spread sheets and QuickBooks
. CheckWare Rides on a heavy duty platform.
It is built to last. It has built in redundancy.
It is based on commercial needs not home use!
We permit (and encourage) you to run certain Bill
Payment and Check21 applications on the same
platform. Swift Secure Systems, Inc. has a
strong local (Florida) base of customers and a
history of solid support of its customers year
in and year out. Swift Secure Systems, Inc.
installs, supports and trains on what it sells.
7
Why a TOUCH SCREEN WORSTATION? You get a
counter top footprint of about half
any other system on the market!Use employees who
have no computer skills to cash checks without a
problem!Save money Work stations cost less
than computers (even cheap ones)!Add more
workstations for less money and hassle than
computers!Have more control over what your
employees do with YOUR check cashing system.
8
CheckWare runs on a custom hardware platform.
  • CheckWare uses a Touch Screen workstation.

9
CheckWareTM VS Competition
Feature CheckWareTM Competition
Built in Backup System Yes No
Battery Backup/Surge protection Yes No
Virus Protection Yes No
Commercial Quality Build Quality Yes No
Ability to export information to CSV Files Yes No
Multi-User Database Yes No
Ability to add Workstations Yes No
Ability to export information to spreadsheets Yes No
10
Why a Plug and Play Workstation?
  • Need to save counter space? CheckWare can help!
  • Have you thought about running several
    applications on one computer?
  • CheckWare can help!
  • Are you worried about loosing your information if
    the computer crashes?
  • CheckWare can help!
  • Do you want to travel from store to store and
    check records at each store?
  • CheckWare can help!
  • Do you want to do several different things to
    serve one customer? CheckWare can help!
  • Do you want your check cashing system to grow
    with your business?
  • CheckWare can help!
  • Do you want to save money? CheckWare can help!

11
Pricing
  • You can buy on price alone or- you
    can buy quality at a good price. Quality on the
    cheap does not work!

12
Ways to make it cheaper!
  • We can cut functionality.
  • We can eliminate features.
  • We can take short cuts.
  • We wont do those things!

13
Keep making it cheaper!
  • Replace the Excella STX (which does 2 sided
    color copy, ID information captor, Photo ID
    recording and comes with a check stacker.)

14
We Could eliminate the Touch Screen!
15
And Cheaper Still!!
  • Loose the Workstation! Replace it with a home
    computer!! Get Rid automated local Back Up.
    Eliminate Network Protection and Anti-Virus.
    Eliminate Check21, Walk in Bill Pay and
    Catastrophe Recovery readiness.

16
You can take out even more!!!!
  • Take out CheckWares fully documented
    Multi-user, full scale Relational Database.
  • Replace it with a Single user flat file system
    with skimpy documentation!

17
And Still More!!!!!
  • Give up BACK OFFICE!
  • Back Office gives you the ability to do all your
    reports on your laptop, Combine the report data
    with spread sheets and QuickBooksTM, collect data
    from multiple computers (at many sites) and more!
  • Additionally, you can use it to work from home!
  • Who needs that?

18
You have done it!!!
  • By removing
  • All backup and Virus protection.
  • All Multi-user and Data base capability.
  • Removing the ability to see more than your last
    50 customers at a time.
  • The ability to record both sides of the check at
    one time.
  • The ability to work with a full suite of reports
    on your laptop computer.
  • You have reduced CheckWareTM to a 2,900 system!

19
So-
  • Do you want to give up all the real important
    stuff to save a few ?

20
How about Leasing?
  • CheckWareTM is (about) 195 per month.
  • Competition doesnt offer leasing!
  • 195 per month for 36 months with a 400 buy
    out and 390 down-depending on your business
    credit.

21
When you buy a CheckWareTM Workstation here is
What you get!
  • Hardware
  • An All in One, Plug and Play Workstation with
  • Touch Screen Monitor
  • Built in local Backup
  • A complete Suite of business (Compliance) reports
  • Battery Backup/Surge Protection
  • Everything you need for Check Cashing
  • Everything you need for Electronic Funds Transfer
  • Keylok Data Protection

22
Peripherals
  • You get
  • Camera
  • Finger Print Reader
  • Check/ID Reader

23
Software
  • CheckWareTM Multi-User (Relational) Data Base
  • Anti Virus Software
  • Adobe Acrobat Reader
  • Licenses for
  • CheckWareTM Finger Print Reader Check/ID
    Reader Anti Virus Software Adobe Acrobat
    Reader Open OfficeTM and Keylok Data Security.

24
Features/Benefits
  • CheckWareTM is
  • Easy to use
  • Easy to learn
  • Easy to live with
  • CheckWareTM helps you
  • Comply with the law
  • Comply with your Banks rules
  • Reduce Bad Check Loss

25
And More!
  • Grow your business and system easily and cheaply.
  • Use your laptop to create reports and decision
    support aids.
  • Create spread sheets and QuickBooksTM accounting
    systems.
  • Go home earlier (and work from home).

26
Is CheckWareTM worth it?

27
Learn even more!
  • Talk to your local representative.

28
  • Swift Secure Systems Inc. Authorized
    Distributor CheckWareTM
  • Phone 561-740-9242
  • FAX 561-244-8731
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