If your company processes its own payroll, you know that there may no
bigger hassle than providing your employees with direct deposit of their pay. If you provide it at all!
Direct deposit of an employee's pay to a checking or savings account -- or
multiple accounts -- is a low cost benefit that employees will appreciate.
And you, as an employer, will enjoy the convenience and security that may not have been
previously possible.
Employee Benefits
No more lost checks. No more late deposits. No more
hassles with getting a paycheck cashed. Direct deposit provides employees the assurance
that their pay is available to them on payday. It can also facilitate direct payment on
home and auto loans. With multiple deposit options available, direct deposit into savings
accounts can make it easier for an employee to put money away each payday.
Employer Benefits
Elimination of pay checks. No replacement check when one is lost.
Lower bank charges with fewer account transactions. Simplifies reconciliation of your bank
statement. Less time lost from employees leaving to cash their checks. Convenience of a
simple fax transmission to direct payments.
Security
EASidirect™
is a safe and secure method of ensuring your employee's receive their pay on time. We
realize the sensitivity of your banking information and the importance of your employee's
pay. EASi is fully insured and bonded, and all
transactions are handled with the utmost confidentiality.
Features
EASi Setup.
An easy employer setup and service agreement
(with an easy exit clause) can have your company on-line with minimal delay. Each
participating employee completes an authorization form to instruct how and where payments
are to be deposited.
EASi Processing. Each payroll, you fax your authorization to us on the forms
provided. This is our instruction to initiate and process your transfers for the payroll.
Your designated account will be automatically debited for the payroll amount plus the
transaction fee.
EASi Changes. Your instructions can change with your fax authorization. An
employee can file an amendment to her/his deposit instructions anytime within 2 days to 2
weeks before the change (depending on the type).
EASi Reports. You will receive a faxed report on the day of the transfer
showing the transactions and fee. An easy employer setup and service agreement
(with an easy exit clause) can have your company on-line with minimal delay. Each
participating employee completes an authorization form to instruct how and where payments
are to be deposited.
EASi Processing. Each payroll, you fax your authorization to us on the forms
provided. This is our instruction to initiate and process your transfers for the payroll.
Your designated account will be automatically debited for the payroll amount plus the
transaction fee.
EASi Changes. Your instructions can change with your fax authorization. An
employee can file an amendment to her/his deposit instructions anytime within 2 days to 2
weeks before the change (depending on the type).
EASi Reports. You will receive a faxed report on the day of the transfer
showing the transactions and fee. An easy employer setup and service agreement
(with an easy exit clause) can have your company on-line with minimal delay. Each
participating employee completes an authorization form to instruct how and where payments
are to be deposited.
EASi Processing. Each payroll, you fax your authorization to us on the forms
provided. This is our instruction to initiate and process your transfers for the payroll.
Your designated account will be automatically debited for the payroll amount plus the
transaction fee.
EASi Changes. Your instructions can change with your fax authorization. An
employee can file an amendment to her/his deposit instructions anytime within 2 days to 2
weeks before the change (depending on the type).
Fees
The best part may be the reasonable cost! A small set-up fee and low transactions
fees make this a very affordable benefit.
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