MultiCHAX Review - why 3.4 stars?
Compare PricingITQlick Score: | 92/100 |
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ITQlick Rating: |
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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 |
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Table of Contents
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.Frequently Asked Questions (FAQs)
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
List of features
Auditor - Shlomi Lavi
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.