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The Paperless Payroll Trend

January 1, 2014  |  Paperless Billing
The Paperless Payroll Trend
Michelle L. Meister - Certified Payroll Professtional

written by: Michelle Meister

If there is one word to describe how businesses are changing in 2014, that word would be “paperless.”  Thanks to the continual growth of the electronic world, more & more businesses are reducing their reliance on paper and instead turning toward the dependable & organizational benefits of going paperless.  Payroll processing is becoming one of the most common business practices to utilize the paperless world.

Why Paperless makes better sense:

Choosing paperless payroll benefits your business, your employees, and of course, the planet.  American businesses go through an unbelievable amount of paper on a daily basis, a large portion of it coming from processing payroll, filing government forms, and paying taxes.  Just think how much paper waste can be saved if more companies adopted paperless strategies!  Paperless payroll can also significantly reduce the ever present concerns of identity theft in today’s society.

Paperless Benefits to the Employer:         

  • All of your employee payroll data is in one place.             
  • No special trips needed to drop off forms or paychecks
  • Easy collaboration with your accountant for tax preparation purposes
  • State & Federal tax filings and payments can be filed electronically so you’re always compliant
  • Paperless payroll helps cut down on paper costs and waste in the office
  • Costs associated with printer, toner, ink cartridges, check stock, envelopes and postage will be significantly reduced.
  • Storage space in the office can also be reduced
  • Securely back up all of your employee payroll data
  • Allows you to promote your business as being “eco-friendly”

Paperless Benefits to the Employee:

  • No more waiting in line at the bank to deposit their paycheck
  • No more waiting for the “snail” mail to deliver their paychecks
  • Funds are immediately available on the pay date
  • No more worries about lost or stolen paychecks
  • No more having to come in to work on a day off to pick up a check
  • Reduces to threat of stolen critical information & identity theft

Paperless payroll at Stephenson & Warner, Inc.

If you are interested in adopting a more modern, simple way of managing your payroll, Stephenson & Warner, Inc. has the solution you need.  We provide an easier and more efficient way to handle your company’s payroll and employment-related taxes, and best of all – it can be paperless!