I'm not surprised when small to medium sized businesses cut checks by hand (I do it myself occasionally) but I was flabbergasted by this post from TechCrunch that Feedburner (not exactly a low tech company!) is handwriting checks for RSS feed advertising. I was also amused that most of the comments over at TechCrunch were focused
on discerning the amount of the check (an image is posted, but the
dollar amount and MICR data are blurred).
via TechCrunch:
It’s always fun to get the monthly Feedburner
check for advertising they insert into the RSS feed. The actual dollar
amount is still next to nothing, but I love the fact that, even with
nearly 800,000 publishers, 1.4 million managed feeds, and a $100 million payday from Google, they still haven’t automated the check writing process. Someone hand writes all of these checks every month.
The folks at Feedburner are welcome to attend the upcoming B2B Payments workshop to explore cheaper, faster, more secure alternatives for payment.
During her time at Glenbrook, Erin focused on client engagements in business payments, cross-border transactions, bill payment, and the intersection of corporate finance, banking, and ERP/accounting. She has nearly twenty years of experience leading increasingly complex payment initiatives for corporate clients and advising financial institutions and payment technologists on the development of their payment capabilities.
Erin is also the founder of Forte Financial, a consulting firm focused on corporate finance efficiency, technology, and process improvement. She is a past president of the Financial Women’s Association of San Francisco and also a two-term past president of the San Francisco Treasury Management Association. Erin is no longer with Glenbrook, but contributed greatly during her time at the firm.