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.
Not convinced that a debit card payroll solutions service is right for your company? Below weve listed three benefits to using the direct debit that may change your mind:
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.
The debit card payroll solutions can limit the amount of paper as the process is all electronic. You can choose to give out pay slips in paper or electronically which most technological-savvy employees prefer anyway.
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.
You are saving an incredible amount each month/year on employment payroll fees. Regardless of if you have 2 employees or 2,000 employees, cutting checks every second week is going to add up.
For a smaller company of say, 10 employees, switching from checks to direct debit can save you about $20.00 per month of $208.00 annually, according to the APA. For a larger company of, say, 300 employees, switching to a debit card payroll solutions can save you up to $6,200 annually or $520 per month. With a debit card, you will have thousands of extra dollars to spend as you see fit.
Not convinced that a debit card payroll solutions service is right for your company? Below weve listed three benefits to using the direct debit that may change your mind:
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.
The debit card payroll solutions can limit the amount of paper as the process is all electronic. You can choose to give out pay slips in paper or electronically which most technological-savvy employees prefer anyway.
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.
You are saving an incredible amount each month/year on employment payroll fees. Regardless of if you have 2 employees or 2,000 employees, cutting checks every second week is going to add up.
For a smaller company of say, 10 employees, switching from checks to direct debit can save you about $20.00 per month of $208.00 annually, according to the APA. For a larger company of, say, 300 employees, switching to a debit card payroll solutions can save you up to $6,200 annually or $520 per month. With a debit card, you will have thousands of extra dollars to spend as you see fit.
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To make sure you get the best debit card payroll system, compare your options and weigh the pros and cons of all the payroll solutions offered by various processors.
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