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Manage Cash Like a Business

June 6, 2019 jill Blog
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A church is a society of like-minded individuals and families who come together to worship, pray, and share their joys and sorrows in sacred community. But that’s not the whole story.

An underpinning of businesslike activity makes it possible for a church to meet community expectations. In fact, a primary activity of the church is collecting money.

That may sound odious to some, but ensuring its survival is a church’s first responsibility to its flock. And church operations rely heavily, if not entirely, on donations and fund-raising activities.

According to Giving USA, giving to religion increased to an estimated $127.37 billion in 2017, nearly a 3% increase from the previous year. Giving by individuals represented 70 percent of total giving.

Much of this money comes in large doses, from collection baskets and cash boxes, proceeds from tag days, bazaars, rummage sales and car washes. And all income that the church receives should be managed as if the church’s existence depends on it – because it does!

Cash and checks remain popular for donations, tithing and church events. These must be quickly sorted, counted, tracked and deposited. Any delay increases risk.

Sadly, churches are not immune to fraud or theft. According to Church Law and Tax, check tampering, cash-on-hand misappropriation, and cash larceny are among the most common types of fraud committed by church employees.

It would be irresponsible for the church to collect money from its members and fail to manage it in a businesslike way. Follow the adage “use the right tool for the right job.”

The right tool for churches to process cash, checks and deposits is the one that many small businesses and banks use. That tool is Cummins Allison JetScan iFX i100 check scanner and currency processor.

Dual-purpose cash and check scanners help nonprofits process donations

With the i100, a single operator can easily switch between cash counting and check processing on one device, completing a chore that once took hours in a few short minutes. Imagine processing up to 1,600 bills per minute and 400 checks per minute!

The i100 is a one-stop solution to prepare, audit and electronically deposit checks directly to the church bank account from your PC. You can also generate reports by batch and date, maintaining current, accurate records.

JetScan iFX i100 check scanner and currency processor – efficient, affordable, reliable. It’s the right tool for the right job, and the best way to serve your congregation.

  • High-speed processing
  • Reduced risk and error
  • Automated deposits

Contact Cummins Allison today to learn how the right tool can deliver new efficiencies for your church, www.cumminsallison.com.

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