Friday, May 28, 2010

Electronic Pay Stub

Electronic Pay Stub is a secure solution, based on industry standard technology. Electronic Pay Stub utilizes SSL (Secure Socket Layer) encryption and advanced password management to ensure the protection and integrity of sensitive pay stub information. ePS was developed using industry standard cross platform technologies, including Enterprise Java Beans, Java Server Pages and SSL to ensure privacy. Our commitment to platform independence protects your hardware and software investments and helps ensure a smooth migration to new software releases.
Your cost savings will be significant, and implementation costs are minimal. Electronic Pay Stub: Paperless pay stubs improve your bottom line while empowering your employees to learn how Electronic Pay Stubs will dramatically reduce your payroll processing costs while providing a valuable service to your employees. We offer customers the flexibility of purchasing Electronic Pay Stub as a traditional software license or through an application hosting agreement. Application hosting takes the burden of the up-front license cost and on-going system management requirements out of the equation. With application hosting, you purchase Electronic Pay Stub services with a nominal monthly fee based on the number of pay stubs being processed each month. We have a staff of IT professionals to manage and protect your data and provide telephone support for any assistance required. When you compare the cost savings to the cost of implementation, your return on investment will be virtually immediate.

Monday, April 26, 2010

Electronic Pay Stub

With the technology advancements in electronic employee management software many companies have migrated to online pay stubs instead of mailing or handing out paper pay stubs. They may email a pay stub notification to each employee or have a secure log on set up for each employee to sign on and view their pay stub at their own time.
Electronic Pay stub (ePS) is an electronically distributed employee pay statement that replaces both the paper statements and the yearly benefit statement. In addition to providing current pay period information, Pay stub net also archives a 90-day history of employees' prior pay statements for easy access and retrieval. You may view your current pay stub on your scheduled pay date and direct deposit delivery to the bank. Always remember to verify your deposit information with your bank. Benefit statements are published at the beginning of the calendar year and are available for 90 days.
The electronic Pay Stub is a secure, easy-to-use Web-based tool that empowers employees to view their current and/or past pay stubs anywhere, anytime from Internet-enabled computers. With ePS, your company will realize a 50% or greater cost savings, versus that of traditional paper based systems.
ePS is the next logical step toward paperless employee management. Electronic pay stubs are an acceptable method of providing payroll information to employees. They also have widespread acceptance, averaging an 80% participation rate when offered by employers. Electronic pay stubs significantly reduce operating expenses related to printing and delivering payroll stubs, while enhancing the direct deposit services that your company already proves employees.
• Eliminating paper cost i.e., forms, envelopes and
other paper goods
• Reducing printing cost of the pay stubs, envelopes, etc.
• Reducing postage to mail the pay stubs
• Reducing time and costs required to reproduce
lost pay stubs
• Minimizing time expended by payroll and administrative personnel
to manage pay stub activities