The cost of direct deposits varies between payroll processing software. Many businesses prefer using direct deposit because of its efficiency and ease. You generally can find free direct deposit deposit services with the purchase of a larger software program. Make sure whatever you use is not riddled with hidden fees. The overall direct deposit benefits include:
Cost Saving – Avoid printing and issuing countless physical paper checks.
Greater Security – Reduce the risk of lost or stolen checks by giving employees direct access.
Less Errors – Minimize the chance of errors through human handling when you do not write out paper checks.
Timely Payment – Pay your employees on time whether they work on site, work remotely, or may be currently sick at home.
Weigh the pros and cons of direct deposit services before you choose one. We offer solutions that fit whichever strategy you choose with our AMS Payroll software. Download our free 1099-etc Demo to explore our features.