9/7/2011
Your company can cut costs, time, and waste while increasing data security in the payroll process by eliminating the paper that accompanies it. Advantages to paperless payroll include:
- Direct deposit eliminates stop payment fees and labor tracking down lost checks. Plus, you can feel secure knowing that employees will get paid on time, even in bad weather. Check stubs are available electronically on Webstep, keeping personal identity and pay information more secure than it is on paper stubs.
- A computerized time clock can control labor costs, increase accuracy, and decrease error or fraud. Payroll processing is more automated, as well, further reducing your time spent on administration.
- Electronic reports are available to selected client contacts on Webstep, eliminating the cost of postage, overnight delivery, and time lost filing or shuffling through papers.
- Web approval of payroll through Webstep further helps in this process by providing a secure login for reports, rather than sending reports for review and approval through less-secure means such as fax or email. Web approval also allows faster turnaround time for payroll reports and wire submittals, accessible anywhere the internet is available.
For more information on how your company can choose the paperless options, email payroll@nextep.com.
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