Benefits of a Paperless Payroll Service
Payroll can be a very paper intensive part of your business. As a small or medium size company, there are many easy ways to decrease the amount of paper you produce monthly and annually to make your business more eco-friendly. Changing to a completely paperless payroll is just one of the ways your company can go green. Switching to an eco-friendly payroll service is not only good for the environment, it will make your life a whole lot easier!
Start Your Paperless Payroll with an Online Payroll Solution
Immediately eliminate some of your paper waste by doing away with paper time sheets. Using an online payroll entry system makes it easy to say goodbye to paper time sheets you may fax to your payroll services provider. With a web payroll solution, your timesheet is now an electronic payroll entry worksheet. With PrimePay's online payroll system, any salaried employees are automatically set to be paid each payroll. So if nothing has changed for your salary employees, you don't need to do a thing. All you need to do is enter the hours worked for each of your hourly employees and you are ready to submit your payroll to PrimePay. It's really that simple.
View an Online Demo of PrimePay's Web Payroll System
Paperless Payroll Service with Direct Deposit and Payroll Cards
After you have submitted your payroll data, there are two ways for employees to receive their payroll funds electronically. Direct deposit is probably the most popular way for employees to get their paycheck electronically. With direct deposit, funds from an employer's bank account are electronically transferred to an employee's bank account through an ACH transfer. The money an employee would normally receive in a paper paycheck is now available in their bank account right around midnight on the pay date for that payroll period. No more standing in line at the bank to cash a paycheck. No more lost or stolen payroll checks. Direct deposit is secure, simple and paperless!
Interested in Paperless Payroll for Your Business? Contact PrimePay Today!
If your employees want a convenient choice other than direct deposit to receive their paycheck electronically, then payroll cards are the answer. On pay day, employees can have their payroll funds electronically transferred to a payroll card instead of a bank account like with direct deposit. A payroll card looks like a credit card yet it works like a check card or debit card. Each pay day, an employee's payroll wages are deposited into an account specifically created for each payroll card. Payroll cards can be used like a check card or ATM card. Any purchases, payments or cash withdrawals using a payroll debit card are deducted from the card account until the funds on the card are depleted. Money can easily be added to the same payroll card over and over again. Payroll cards are safe, convenient and easy-to-use!
