DiversiForm Software Compatible Checks

1 WorkflowOne Headquarters: Dayton, Ohio Annual Sales $(000): 1,200,000 Principal Officer(s): Greg Mosher, Chairman; Mike Zawalski, President, CEO Locations: 140 2 Proforma Headquarters: Cleveland Annual Sales $(000): 293,933 Principal Officer(s): Greg Muzzillo, Founder, Co-CEO; Vera Muzzillo, Co-CEO Locations: 600 3 American Solutions for Business Headquarters: Glenwood, Minn. Annual Sales $(000): 249,022 Principal Officer(s): Larry Zavadil, President, CEO Locations: 455 4 InnerWorkings Headquarters: Chicago Annual Sales $(000): 160,515 Principal Officer(s): Steven E. Zuccarini, CEO

Rank: 1 Company: WorkflowOne, Dayton, Ohio Sales $(000): 1,000,000 Principal Officer(s): Greg Mosher, Chairman, CEO Locations: 150 Rank: 2 Company: Proforma, Cleveland Sales $(000): 293,000 Principal Officer(s): Greg Muzzillo, Founder, Co-CEO; Vera Muzzillo, Co-CEO Locations: 650 Rank: 3 Company: American Solutions for Business, Glenwood, Minn. Sales $(000): 239,776 Principal Officer(s): Larry Zavadil, President Locations: 410 Rank: 4 Company: GBS, North Canton, Ohio Sales $(000): 90,143 Principal Officer(s): Eugene Calabria, President, CEO Locations: 12 Rank: 5 Company: Merrill Corp., Monroe, Wash. Sales $(000): 83,950 Principal Officer(s): Mark Rossi, President Locations: 6 Rank: 6 Company: The Shamrock Companies, Westlake, Ohio Sales

Though the Check Clearing for the 21st Century Act (“Check 21 Act” or simply “Check 21”) isn’t new anymore, the issues have not been sorted out and “Check 21” as a topic of debate, confusion and aggravation is far from finished. Partially, the reason for the ongoing dilemma is a discrepancy between what the legislation means and how it works. Check 21 affects banks, distributors, producers and consumers in different ways. These groups are trying to reconcile the issues that have the greatest impact on their own uses and purposes. For banking institutions, Check 21 simply allows the image of a check to be

Frank Abagnale, a consultant in document security and expert in methods of fraud and forgery, was kind enough to speak with BFL&S to help us inform our readers about check fraud and how it will be affected by Check 21. Abagnale is most known as the author and subject of Catch Me if You Can, which was made into a popular Steven Spielberg film. He is also the author of several books about fraud and identity theft. His renown in the security field comes from his ability to circumvent it. As a minor, Abagnale became one of the most notable, successful and notorious forgers

Distributors can help customers battle check fraud through education and innovation. Asked for the latest statistics concerning check fraud, Barbara Hurst, executive editor of the newsletter Bankers' Hotline, editor/moderator for BankersOnline.com, and president of Pennsylvania-based Hurst Associates—security and compliance training specialists—responded, "You can get as many guesstimates as there are experts guessing." Hurst said it's a given within the industry that FBI and American Bankers Association (ABA) figures on the subject are "way, way low," since many losses are not reported but simply charged off. However, she cited an in-depth study conducted approximately five years ago by U.S. News and World Report

Distributors steer the automotive market with high-speed ideas and nontraditional solutions. It may be a pie-in-the-sky vision, but it is one that Dick Ipsen, president of Portland, Oregon-based DiversiForm believes is attainable. The idea of selling e-form solutions to auto dealerships in order to allow financial contracts, motor vehicle information and dealership invoices to be quickly and easily processed, signed and routed online to their appropriate destinations is, according to Ipsen, indicative of the future of business forms. With the click of a button, he explained, these types of documents could go exactly where they need to with minimal paperwork and in minimal time.

Tips to boost your software-compatible forms and checks sales By Stacey Wenzel Opportunities are becoming more plentiful in the software-compatible forms and checks market. According to industry experts, as growing technology continues to strengthen this niche of the forms industry, there are strong profits to be made for distributors entering the arena. "You won't make big sales, but lots of small sales add up to some nice profits," said Sandy Horner, president of DiversiForm Software Compatible Checks, Alexandria, Va. She added that it's a lot easier to get involved with software-compatible checks than one might think. "You don't need to know all about computers," noted Horner. All