Growing startups need dual-purpose cash and cheque scanners
Dual-purpose cash and cheque scanners are critical to business back-end processes. Having an efficient transaction infrastructure in place is necessary to ensure counts are accurate and operations run smoothly. For startups, this notion takes on even greater importance. Those opening their doors for the first time are pulled in any number of directions once business begins, and having tools in place to support the day to day carries particular emphasis for startups.
This need may become clearer as the federal government aims to foster startups and innovation across the country.
Startups can lean on dual-purpose cash and cheque scanners
All eyes in the Canadian business community have recently been on the unveiling of the 2017 federal budget. Liberal leaders had previously hinted that startups may benefit from injections of capital authorized in the budget. Indeed, The Globe and Mail reported the government will build "superclusters" incubation centers where new, private startups can grow and compete for some $950 million available in funding. Particular industries targeted included advanced manufacturing, agri-food, clean tech, bio sciences and transportation. The source also reported the Business Development Bank of Canada would receive $400 million over three years to direct toward late-stage funding.
The focus on startups may encourage more entrepreneurs to enter markets and strive for funding. A central way to position new businesses for success is through using dual-purpose cash and cheque scanners. Having dependable and effective processes to ensure accurate transaction fulfillment grants startups a strong foundation from which to build.
April 12, 2017