Direct Deposit Payroll
Direct deposit of payroll checks is a smart way to pay employees. It can save you time and money.

Direct deposit can also provide tangible benifits to your employees, along with increased productivity. Studies show that some employees spend the equivalent of three workdays each year going to the bank to deposit their paychecks.

Saves You Money
  • Direct deposit eliminates the cost of delivering checks to
    employees at different locations.
  • Direct deposit eliminates the chance of lost or stolen
    checks and the resulting charges for stop payment and
    check replacement.

Saves You Time
  • Direct deposit makes payroll reconciliation easier and
    can help you streamline your tax reporting at the end
    of the year.
  • With direct deposit, there is no need for special check
    handling when employees are on vacation or out of the
    office.
  • Direct deposit reduces time spent storing and
    securing checks because check stock is not required
    for the payroll earnings record.

Benefits for Employees
  • Ninety-seven percent of employees who use direct deposit
    are very satisfied with it.
  • The chance of your employees having a problem with a
    paycheck is much greater than with direct deposit.
  • Direct deposit is especially helpful for employees who
    travel and those who work from home because they
    collect their pay without visiting the office or the bank.