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I will break your question down a bit so we can make sure we are covering everything so we can get the answers you are looking for.
For the payer company name that prints too high, you'll want to align it by going back to the 1099 form editing it, and clicking on the "No, it doesn't line up" button.
Here's how:
1. Click Finish preparing 1099s.
2. Select I'll file myself.
3. Select 1099 form and print a sample page, then select either:
* No, it doesn't line up: If the info does not line up the form correctly.
* Yes, looks good!: If the form aligns properly.
4. Once the form is aligned, click Next.
5. Click Done to complete printing 1099.
Please feel free to read this article for your reference: Set Up Printing Alignment for 1099 Tax Forms.
Take a look at this article for more information: Print 1099 forms.
For your concern about the company phone number printed on the form, this is a default feature. The phone number in your company profile is the same information that will appear on your 1099 forms.
This article is made handy for you to know more about the process of correcting 1099s in QBO: How to correct or change 1099s in QuickBooks.
You might find this article helpful to get more information about managing 1099s: Common questions about 1099s.
Get back to me if you need further help with 1099's or anything about QuickBooks. Have a nice day