MultiCHAX Review - why 3.4 stars?

MultiCHAX Review
ITQlick Score: 92/100
ITQlick Rating: (3.4/5)
Pricing: 7/10 - high cost
Category: Accounting & Finance -> MultiCHAX
Ranking:Ranked 4 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

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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.


What is MultiCHAX rating?

The rating of MultiCHAX is 3.4 stars out of 5 and the total score is 92 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who uses MultiCHAX?

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.

Is MultiCHAX the best Accounting & Finance system?

MultiCHAX is ranked 4 out of 419 software in their category (Accounting & Finance systems).

What are their 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 are MultiCHAX's pros? (3 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

What are MultiCHAX's cons? (2 cons)

  • The tool seems a little outdated as compared to other tools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

Who are their main alternatives?

To find the right tool for your business, comparing and analyzing various options available is essential. Since every business is different, finding the best fit for your business is necessary. The three tough competitors of MultiCHAX include Printboss, CheckbuilderPro, and Print Checks Pro.
  • Functionality: Printboss is a cloud-based check printing software that helps your print checks from anywhere using a mobile device. Printboss offers features such as eSignatures, check to print, check the formatting, multiple file support, bank account support, and formatting support. It has both a mobile app and a Desktop version to help businesses print checks as needed. Printboss offers the same features as MultiCHAX. However, MultiCHAX financial software support for QuickBooks is included with the package, whereas Printboss has different packages for different financial tool support.

    CheckbuilderPro is an on-premises check writing software for Mac and Windows. It offers features such as financial management tool support, personalized graphics & fonts, eSignature support, custom reports, payee data memorization, unlimited account support, transaction tracking, and unlimited bank support. Both MultiCHAX and CheckbuilderPro offer similar feature support. However, CheckbuilderPro has unlimited bank account support.

    Print Checks Pro is an on-premises check writing tool. The features offered include blank check stock, check customization, business/bank logo customization, business check copy printing, 2-pass printing, eSignature, backup, shared database, multiple account support, and US & Canadian bank compatibility. Compared to MultiCHAX Print Checks Pro is compatible with both US and Canadian banks.
  • Pricing: The cost of Printboss is around $100 for its basic package. Whereas the enterprise package is around $795. The cost of CheckbuilderPro is around $49.95. CheckBuilderPro also has a bundle check printing tool that costs around $19.95. The price of Print Checks Pro is approximately is around $29.99. In between these four tools, Printboss is the most expensive. The least expensive option is Print Checks Pro.
  • Support: MultiCHAX offers support in the form of various resources including, user manual, compatibility list, installation guides, troubleshooting guidelines, and online support via email & phone calls. Printboss offers blogs, videos, FAQs, and online support to help users with their concerns. Whereas assists customers via FAQ & Support. However, Print Checks Pro offers FAQs and support via email.

What is the cost of MultiCHAX?

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.

What is the REAL total cost of implementation? on top of the total cost of licenses which is easy to calculate you need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 7 out of 10 (10 is most expensive). You can fine here the REAL total cost breakdown for MultiCHAX. You can also find here pricing information from MultiCHAX's website.

What should you ask Chax, Inc. during a demo session? (65 questions)

Schedule a demo with MultiCHAX and access 65 must ask questions for the vendor while watching MultiCHAX in action.

Where MultiCHAX is used?

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

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Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.