The Importance of Payroll Software with Direct Deposit

Nowadays, payroll software with direct deposit is a necessary business asset if you want your company to be perceived as a stable business of any size. It’s easier, faster, and more reliable. Certainly, we knew that if Advanced Micro Solutions (AMS) wanted to compete with today’s payroll software, direct deposit was going to have to be part of our solution. Our data and software compatibility ensure the proper payroll processing information is securely transmitted to your employees’ and contractors’ designated financial institutions.

Indeed, our goal at AMS isn’t simply to compete. It was, in part, a recognition that there was an absence of powerful, yet affordable, payroll software systems out there that led us to develop the AMS Payroll module. From keeping up with payroll processing and disbursements each and every pay period, our solution automatically ties your payroll data into quarterly and annual forms filing requirements. From there, you can select whichever payroll, filing forms, and tax return filing modules make sense for your business.

Payroll Software with Direct Deposit and Print Checks

Whether you’re a small business owner or an accounting professional, payroll software with direct deposit is probably the primary method for payroll disbursements. Still, many companies retain the ability to issue printed paychecks. Some businesses are continually reviewing their compensation packages and offering their employees choices that better match their personal priorities. Though it may lack the automation of a direct deposit system, printed checks offer temporary solutions that allow for rapid response to payroll changes that do not interfere with the disbursement schedule. One of the few things worse than not offering direct deposit is missing your payroll schedule altogether. You don’t exactly need an advanced degree in industrial/organizational psychology to know that few things erode workers’ morale more than tardy paychecks.

The AMS Advantage

At the same time, just because you’re interested in payroll software with direct deposit doesn’t necessarily mean you’re interested in every bell and whistle, every possible software feature. AMS offers a software platform, the W-2/1099 Forms Filer, as well as a selection of software modules that can be used to customize your payroll business solution.

Maybe you have little reason to think you’ll ever need to change your payroll and compensation package on the fly. But if you are interested in the ability to produce your own MICR checks, you can add our Software Generated Forms module, which includes this capability. Or, if you make payments to foreign persons or institutions, or if you have other specialized filing requirements, you may benefit from our Forms Filer Plus. Likewise, more and more companies are coming to AMS for the extra filing requirements created by the Affordable Care Act.

Introduce Yourself to our Payroll Software

Don’t hesitate to sign up for a free software demo that will allow you to see our solution in action. But if you’re wondering what sort of features you can expect from our essential AMS Payroll module, we invite you to take a look at this list of software capabilities:

  • Direct deposit processing and paycheck printing.
  • Automated federal, state, and local payroll tax calculations (includes federal and state tax tables, filing requirements, and SUI forms).
  • 40 User Defined Fields for customized payroll operations.
  • Data import/export for quarterly and year-end tax filing.
  • E-file forms 940, 941, and/or 944.
  • Updated reports of total federal and state tax liabilities.
  • SSN verification files.
  • Certified payroll reports.

Software Solutions from AMS

Our W-2 and 1099 Forms Filer is our only required platform. From there, users pick the services they need. Choose from the tools below to build out your customized accounting software.