Drop the envelope and realize substantial savings and efficiency
Producing traditional pay stubs and W2s is an activity that’s laden with hidden costs. The National Automated Clearing House Association (NACHA) places the average cost for printing, processing, postage and materials for a single pay stub at $1.90. All of this adds up to one thing: if you’re still using paper, you’re short-changing yourself and your organization.
iEmployee’s Pay Stub & W2 solution dramatically reduces per-employee costs for moving pay stubs from creation to delivery. iEmployee Pay Stub & W2 imports data from your existing payroll systems and becomes fully operational after minimal configuration. Through the same interface you can also provide W2s online to your employees — and ensure employess never have a lost W2 again.
Employees also have much to gain. They receive email notices whenever a new pay stub is issued, and can go online and view and print current and past pay stubs. Keeping historical records and complying with state and federal laws and requirements is also a simple matter with iEmployee.
Because iEmployee Pay Stub & W2 is delivered as a Software-as-a-Service solution, its implementation, configuration, and updates make it a fiscally viable option for all companies concerned with the bottom line:
- Reduce administrative overhead dramatically.
- Realize immediate cost-savings by moving from a manual paper based solution to an automated web-based solution.
- Provide efficient, self-serve functions and universal access to all employees.
- Lessen payroll processing time and cost.