![]() ![]() Employees may easily access payment information online and get paychecks through direct deposit. In this post, you will be shown how you can go paperless with your pay stub!īusinesses that use paperless pay complete all forms of payment electronically rather than on paper. Paperless pay stubs are a great way to go green and save money. With cloud payroll solutions becoming more inexpensive and widely available, the transition to a digital workspace provides a clear way to lower payroll expenses while enhancing efficiency. There are various benefits to minimizing paper and becoming digital, whether the firm is a small start-up or a major enterprise.Īs time passes, organizations are increasingly relying on digital documents rather than physical ones, and payroll administration is no exception. We usually recommend creating your pay stubs electronically for that very reason.Īlthough it is just not viable for many firms to totally eliminate the usage of paper, even a slight decrease may result in significant expense savings, improved data security, and higher overall productivity. Should these not be backed up to the cloud, they’re even more vulnerable to being damaged or stolen. Important records like pay stubs can get lost easily and complicate filing times because they don’t fit neatly in folders like other important documents. Request a proposal at no-cost to you and we’ll provide a customized solution that’s perfect for your business so you can take advantage of ACH paperless pay too.If you take a look at your desk or home office, chances are your documents are unorganized and take up a lot of space. Not a BASIC client? Don’t worry! BASIC provides an HR ecosystem to employers and health insurance agents nationwide, with a full suite of HR Benefit, Compliance, Payroll, and Leave Management solutions. If you are a current BASIC client and want to simplify your payment process, contact your assigned account representative and they’ll be happy to help. ![]() It’s fast, secure, and helps reduce our carbon footprint by scaling back our paper product consumption. ![]() BASIC is encouraging all of our clients to switch to ACH paperless pay. ![]() Many employers also find electronic payments easier to track, thus simplifying their recordkeeping process. Paperless pay options also erase the risk of checks being misplaced or even lost in the mail, allowing your company to worry less and receive monthly reimbursements more quickly. For example, ACH payments eliminate the handling of physical checks during the pandemic to mitigate the potential spread of COVID-19 via surfaces. Moving to paperless pay methods has many benefits. For employers looking to take proper precautions during this health crisis while also streamlining their payment processes, now is the perfect time to switch to ACH payments! ACH is used for all types of electronic payments, including direct deposit, payment to vendors, automatic bill payment, and more. BASIC is happy to provide alternative paperless pay methods via the Automated Clearing House (ACH) Network. However, due to the COVID-19 pandemic, many employers have suspended check payments entirely. Employers are involved in countless transactions each month, from delivering employee paychecks to reimbursing COBRA participant premiums. ![]()
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