MultiCHAX Review - why 3.4 stars?

MultiCHAX Review
ITQlick Score: 92/100
ITQlick Rating:
Pricing: 7/10 - high cost
Category: Accounting & Finance -> MultiCHAX review
Ranking:Ranked 3 out of 419 Accounting & Finance systems
Company: Chax, Inc.
Pricing: starts at $99 per license
Typical customers: Start up, Small business, Medium business, Large business
Platforms: Desktop, Cloud
Links: MultiCHAX pricing, MultiCHAX alternatives
Shlomi LaviShlomi Lavi / updated: Mar 12, 2022

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

What is MultiCHAX?

MultiCHAX is a cloud-based and on-premises check writing software. It works with your existing financial and accounts management tool to help businesses print checks on blank check stalk from their computer. In addition, multiCHAX prints MICR encoded checks to ensure the secure handling of checks.

MultiCHAX offers all the necessary features that help businesses print checks at any time. The features include pre-formatted check configuration, blank check forms, easy-to-use interface, customized check interface/font, print e-signatures & logos, record-level locking, various bank checks support, and multiple financial management tool support.

Other services include multi-user support, encrypted and secure database, and slip deposit management. With unlimited check printing, you can now print your checks without having to go to the bank. The target audience size of MultiCHAX is small, medium, and large-sized organizations.

MultiCHAX is owned by Chax Inc., located in Henderson, Nevada, United States. It was founded in the year 1992. Currently, Chax Inc. has around 10-12 employees, making it a small-sized organization.

Who is it best for?

Customers of the software mainly include small and medium businesses with backgrounds in various major industries. Most commonly, the software has found deployment in such industries as technology, retail and wholesale, financial services, insurance and legal, equipment manufacture, business project management, and others.

Main features and functionalities

The software features failsafe operation service for automatic linking of check numbers with the corresponding bank accounts. The same service also removes the need of manual printing of the check. It automatically determines the bank accounts of the clients with its seamless integration capability and offers printing of full check image with the MICR characters. Clients can add their business logos and signature of check face in various formats.

MultiCHAX features four check configurations which can be chosen according to their specific needs of the business. The software also facilitates the printing of blank checks and wallet size checks for manual printing. Other services include encrypted and secure database, multi-user support, slip deposit management, and others.

What is the actual cost?

There are various pricing packages offered by MultiCHAX. The Starter package offers a limit of around 5 bank accounts and 1-month support at $99 per. Whereas the premium package has a 10 bank account limit and 1 month of phone support at a price of $149. However, the professional package is approximately $199 with a 999 bank account limit and 1-month phone support. There is also an enterprise package that offers unlimited bank account support at $299 with 1-year phone support. All the packages can be integrated with QuickBooks; however, Sage software support is only available for enterprise package. As compared to other tools in the industry, the cost of MultiCHAX is high. Even the enterprise plan is quite expensive.

ITQlick pricing score is 7 out of 10 (10 is most expensive). Access ITQlick pricing guide for MultiCHAX. You can also find here pricing information from MultiCHAX's website.

Pros

  • MultiCHAX is easy-to-use software with an interactive interface
  • You can connect multiple bank accounts in a single software
  • Process checks in less than 3 minutes

Cons

  • The tool seems a little outdated as compared to other tools
  • There are not many updates to MultiCHAX to support customer needs

How it stacks up?

Access a head to head analysis of MultiCHAX vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5
Compare
Denali B...
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$1,999 per license
Functionality
16
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4
Intuit G...
ITQlick rating
3.2/5
Score
92/100
Pricing
6/10
License pricing
$12.50 per user/month
Functionality
3
Alight P...
ITQlick rating
3.9/5
Score
91/100
Pricing
5.8/10
License pricing
$6,000 per license
Functionality
19

Frequently Asked Questions (FAQs)

Is it the best Accounting & Finance system?

MultiCHAX is ranked 3 out of 419 software in their category (Accounting & Finance systems).

How they are rated on ITQlick?

The rating of MultiCHAX is 3.4 stars out of 5 and the total score is 92 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, MultiCHAX makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

No, currently MultiCHAX can't be accessed on mobile, you would need to access it from your computer.

What should we ask during a demo session?

Differences between MultiCHAX and alternatives?

The most popular alternatives to MultiCHAX in 2023: Denali Business, MoneyDesktop, Intuit GoPayment, Alight Planning Enterprise, Logisuite Financials. Access the complete competitors analysis here - MultiCHAX VS Accounting & Finance Software alternatives.

Is MultiCHAX right for you or your business?

MultiCHAX offers all the necessary features that can help you print checks for your business in no time. With Mac and Windows support, you do not need to worry about any compatibility issues. Also, MICR encoding keeps your checks secure. You can connect multiple bank accounts to a single check printing tool. However, MultiCHAX can be a little expensive if you own a small-scale business. However, it is a one-time cost and can be used if your business is scaled further.

List of categories

Accounting & Finance
Core Accounting

List of features

Data Import/Export
Basic Reports
Online Customer Support

Auditor - Shlomi Lavi

Website Linkedin profile Facebook Twitter

Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.