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Give Employees More Time to Themselves
Between work, family, friends, household chores, and other responsibilities, it becomes increasingly harder each day to find some "me" time. We all hear about the statistics of how our time is spent - an average of 80 days a year sleeping, 32 days eating, 1.5 days brushing our teeth, and so on. What would you do if you could get just one more day back? Well, statistics say the average person spends 24 hours a year trying to cash their paychecks. Would you want to spend your extra day standing in line at a bank?
Give your employees (and yourself) that day back! Companies everywhere have moved to direct deposits for payroll checks, giving their employees more time to themselves. Not only do employees not have to spend time waiting at a bank, but it also prevents the time spent by your HR department to replace lost or stolen checks. With direct deposits, money is transferred directly into employees’ bank accounts, immediately available for withdraws or for earning interest.
Not only do you save time with direct deposits, but it is also very safe. Most government agencies have even moved to direct deposits. The Social Security Administration has been processing direct deposits since 1976, and we all know that we can have our Federal and State tax refunds transferred directly into our accounts. It is much safer than waiting for that check in the mail.
For all Sage MAS 90 or Sage MAS 200 users, you can purchase the Direct Deposit module for use with your Payroll module to enhance your system with direct deposits. The module easily steps you through setting up each employee’s bank information, and even permits you to send a practice (pre-notification) direct deposit run. That way, you can find any errors before an actual payday.
Incorporate direct deposits into your payroll system and spend your extra day somewhere other than the local bank!
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