Why Were our payroll services are different- Part 2 of 6. E-stubs, Direct Deposit.

In segment one of this six part blog, we discussed how 33% of businesses out there will pay a penalty to the IRS this year. Sequoia Payroll Solutionsguarantees accurate tax calculations and assures that you will never pay a penalty again.
Part Two of this blog will discuss the beautiful invention of direct deposit and the e-stub. Most of us have at least heard of direct deposit. Some, including myself LOVE it. The benefits are many, and from my standpoint, the cons are nil. For those who dont know what direct deposit is, or why they should look further into it, this stubs for you.

Direct deposit is when your paycheck is directly deposited into the bank account of your choice. The beautiful thing about this is you don’t have to stand in line at the bank, and typically the money is in your account before your paper check counterparts have even received their paycheck. Employers love this idea because it means less check signing (less hand cramps), money is saved on check stock, and the employees are estatic about this benefit. Direct deposit is a great, time saving benefit.

But to make direct deposit EVEN BETTER, some GENIUS out there developed E-stubs. You see, while direct deposit is awesome, there is still paper used to create the stub for the employee. Paper supplies including envelopes can add up fast. E-Stubs mean that you can stop wasting paper. So what is E-stubbing? An E-stub is a record of payment that is automatically sent to an employees e-mail account. Getting your employees paid can now be completely paperless. This saves the employer money, is convenient to the employee because they can look at their pay stub from their e-mail, and using E-Stub also helps the environment. All good things!

E-stub is something that most payroll services offer. While some payroll companies charge up to $10.00 or more per month for this service, Sequoia Payroll Solutions offers this benefit at no extra cost. In fact, as you can tell, we are serious advocates of direct deposit and e-stubs. Direct deposit and e-stubs are just another benefit of using our payroll service. Next week, in part three of our blog, we will discuss how customer service is king, and how Sequoia Payroll strives to offer the best customer service available.