Are you a business owner looking for a way to reduce the time and the fees spent every two weeks on payroll? Your employees need to be paid, but there is a much simpler option to cutting and cashing checks fortnightly- its called a debit card. Thats right. With a debit payroll system, you can automatically send money to your employees through their bank accounts. They can retrieve the money the next day (or often the same day) through a debit card or a prepaid credit card. Its that simple.
You can minimize your employment pay roll expenses, reduce the time wasted cutting and signing checks, and, most importantly, stand to save a small fortune on monthly payroll fees.
Regardless of how big or small your business is you can still stand to save more than just time with a direct debit card payroll system. For example, if you have a small business with only 10 employees, you can still stand to save on every single check cut. In fact, according to the APA, you can actually stand to save up to $20.00 per month, of $208.00 per year on employee check cutting expenses.
First of all, with a direct debit payroll services, you can send money to your employees directly into their account. Your employees can also save time and effort cashing checks as well as money from the processing fees from their local bank. The money usually takes less than 24 hours to process so they will receive money the next day.
Second of all, you are helping the environment. Every pay check you do not sign is another tree you have saved. With the world going to the web anyway, it makes sense to join in on the paperless revolution and make the future a little brighter for the next generation.
With debit card payroll services, you are doing your part to help your employees, Mother Nature, and, of course, your companys financial situation.
Consider this: if you are a small business with a payroll of only 10 people, cutting checks every second week most likely only takes a night to do. However, with direct debit, you are not paying anything at all, and, furthermore, according to calculations by the APA and American Bankers, you can stand to save almost 20$ monthly and over $200 annually.
Now, perhaps you have a larger company with 300 plus employees and are considering the switch to debit card transactions. It will take you an entire day to write out 300 checks biweekly, not to mention it will end up hurting your wrist. By switching to a debit card payroll system, according to the APA and American Bankers, you may be able to cut back over $6,200 annually on check cutting costs, which equates to $520 monthly.
You can minimize your employment pay roll expenses, reduce the time wasted cutting and signing checks, and, most importantly, stand to save a small fortune on monthly payroll fees.
Regardless of how big or small your business is you can still stand to save more than just time with a direct debit card payroll system. For example, if you have a small business with only 10 employees, you can still stand to save on every single check cut. In fact, according to the APA, you can actually stand to save up to $20.00 per month, of $208.00 per year on employee check cutting expenses.
First of all, with a direct debit payroll services, you can send money to your employees directly into their account. Your employees can also save time and effort cashing checks as well as money from the processing fees from their local bank. The money usually takes less than 24 hours to process so they will receive money the next day.
Second of all, you are helping the environment. Every pay check you do not sign is another tree you have saved. With the world going to the web anyway, it makes sense to join in on the paperless revolution and make the future a little brighter for the next generation.
With debit card payroll services, you are doing your part to help your employees, Mother Nature, and, of course, your companys financial situation.
Consider this: if you are a small business with a payroll of only 10 people, cutting checks every second week most likely only takes a night to do. However, with direct debit, you are not paying anything at all, and, furthermore, according to calculations by the APA and American Bankers, you can stand to save almost 20$ monthly and over $200 annually.
Now, perhaps you have a larger company with 300 plus employees and are considering the switch to debit card transactions. It will take you an entire day to write out 300 checks biweekly, not to mention it will end up hurting your wrist. By switching to a debit card payroll system, according to the APA and American Bankers, you may be able to cut back over $6,200 annually on check cutting costs, which equates to $520 monthly.
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To ensure you get the best debit card payroll system, compare your options and review the pros and cons of all the payroll solutions offered by various processors.
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