Lisa Heather, small business owner, provides insightful tips into payroll software. You may also visit Payroll">http://lisaspayrollsoftwareblog.blogspot.com">Payroll Blog for more payroll information.
Employers can save time and money by using direct deposit while benefiting the environment. Direct deposit is also a smart way to reduce paycheck fraud, as related to counterfeit and/or stolen checks, altered amounts and forged signatures. Direct deposit transactions typically have a lower cost than a paper transaction. You can calculate your typical cost savings by using a direct deposit calculator.
The benefits to the environment come in many forms, from the business end to the individual employee. When looking at the environmental benefits we have to take into consideration not only the paper but also the means the employee uses to deposit a paper check.
Each year paper checks use more than 674 million gallons of gas and add 3.6 million tons of CO2 to our air. Annually 100,000 tons of CO2 could be reduced if employees could eliminate trips to the bank to deposit their checks.
One individual employee, paid with a paper, can save pounds of paper per year, avoid the release of multiple gallons of wastewater into the environment and avoid pounds of greenhouse gases being released into the atmosphere by switching to direct deposit.This is just one individual employee, the numbers for a business, that employs many people, rise exponentially they can save hundreds of pounds of paper, avoid the release of thousands of gallons of wastewater into the environment and hundreds of pounds of greenhouse gas into the atmosphere per year.
Based on a 2008 survey by the Consumer Federation of America, 85% of U.S. employees have access to direct deposit. Of those 85% of employees only 66% choose to use direct deposit for their paychecks. If the 19% of employees not using direct deposit would switch they could save 11,082,971 pounds of paper, avoid releasing 105,709,380 gallons of wastewater into the environment, 31,581,675 pounds of greenhouse gas into the atmosphere and save 4,105,889 gallons of gas.
Payroll Mate, comprehensive payroll software, has added direct deposit to its list of features. Direct deposit is made simple with this payroll solution, easily generate an ACH file and send to your bank for processing of employee payments.
Download a free demo of Payroll Mate at: direct deposit payroll software download
- Related Videos
- Related Articles
- Ask / Related Q&A
- Payroll Software- Payroll Reminders for 2009
- Integrating Hr and Payroll Software
- Hr and Payroll Software is Worth
- Choose the Right Small Business Payroll Software
- Payroll Software- the Top Ten Payroll Software Features
- Payroll Software- Stimulus Package
- DIY Accounting Payroll Software Questions and Answers
- Employee Payroll Software Saves Lives 5 Ways -- No Joke!




So what happens when ALL of your employees quit?
By: Mr. Motivation | 15/11/2009As an employer in today's labor market you REALLY have it all! However have you given any thought to when the market gets better, and it WILL! What happens to those companies who do NOT invest in their employee's. Now we are NOT talking about 401K, health benefits, PTO or salary. We are talking about how you treat your employee's. Do they really want to work for your company and for you? Well you are about to find out. Can you afford to lose good employee's to your competitor? The answer is NO!
Motivating Employees: Motivating the Rewards-Driven Employee
By: K. MacKillop | 15/11/2009The rewards-driven employee is primarily motivated by tangible rewards for a job done well or going above and beyond. Read on to discover ways to motivate the rewards-driven employee in your business.
Build Your Intellectual Assets
By: Iyer Subramanian | 14/11/2009Each and every person has been bestowed with intellectual capital. It is how one uses his intelligence determines his value towards contribution to the business of the organization. One can upgrade the intellectual capital of oneself from time to time to get the best results for the company. Read on. . . .
Employee Surveys That Boost Profit & Competitiveness and Reduce Costs
By: Howard Deutsch | 14/11/2009Employee satisfaction surveys and employee engagement surveys provide business leaders with information and insight for making better, more informed decisions. Conducting an employee survey is very cost effective, providing a strong payback when the survey results are acted on. A good survey company can help you get the survey done quickly and cost effectively.
Motivating Employees: Motivating the Team-Driven Employee
By: K. MacKillop | 13/11/2009The team-driven employee is primarily motivated by contributing to team effort and fitting in with a group. Read on to discover ways to motivate the team-driven employee in your business.
Top 7 Payroll Mishaps & Blunders
By: Elizabeth Foster | 12/11/2009Avoid Serious Mistakes, Costly Fines And Penalties By Implementing A Few Safe Guards To Your Payroll System.
Workplace Violence - Critical Tips For Managers to Avoid Becoming the Victim of a Workplace Attack!
By: Jeffrey M. Miller | 12/11/2009Everyday, managers are injured and killed from a workplace violence attack. In fact, workplace violence is the #1 cause of job-related deaths for managers! Here are some life-saving steps that you can take to avoid being attacked by an aggressive employee and becoming the victim of violence in the workplace!
Closing the Employee Performance Gap: Boosting Competitiveness & Profit
By: Howard Deutsch | 11/11/2009Organizations have a huge opportunity to close the employee performance gap, the large gap in performance between the most effective and the least effective employees that perform any job in an organization. This article describes the opportunity and how the employee performance gap can be closed to boost profit and competitiveness.
Features of Good 1099 MISC Software
By: Lisa Heather | 26/10/2009 | Small BusinessResearching 1099 Misc software can become confusing. Know what exactly you need the software to do for you. Some basic features are helpful for all payers while other features may be significant to just few payers.
Prepare for the End of the Year Wage Reporting
By: Lisa Heather | 01/10/2009 | Small BusinessWith fall comes the last quarter of the tax year. Now is the time to start preparing for end of the year wage reporting. New business owners and seasoned veterans alike should get themselves organized for the end of the year. Preparation is key to the process running smoothly.
How to Avoid W2 and W3 Form Errors
By: Lisa Heather | 14/09/2009 | Small BusinessThe fourth quarter of the tax year brings around the time to start preparing for end of the year wage reporting. Being organized and primed for this time of the year alleviates unnecessary last minute stress and mistakes. SSA asked employers to abide by a few guidelines when generating W2 and W3 forms.
How to Take Advantage of Recovery Act Benefits
By: Lisa Heather | 31/08/2009 | Small BusinessThe government has been offering multiple opportunities to the American public to benefit from the American Recovery and Reinvestment Act of 2009. The tax benefits range from buying a new home or making home improvements to education and income tax credits.
Employers Responsible for Filing W2/W3 Forms
By: Lisa Heather | 26/08/2009 | Small BusinessEmployers are required to file W-2 Forms (Wage and Tax Statements) for each of their employees. Employees whom have had income, Social Security and Medicare taxes withheld from their pay.
Frequent Payroll Forms Reporting Errors
By: Lisa Heather | 24/08/2009 | Small BusinessMistakes on payroll reporting forms can be time consuming and costly. Many of these types of errors can be avoided if you know what to double check when generating and submitting the multiple forms that the government requires.
Federal Minimum Wage Increases, Easier With Payroll Software
By: Lisa Heather | 10/08/2009 | Small BusinessOn Friday July 24, 2009 the federal minimum wage increased to $7.25. This increase affects a number of states and all employees who are covered by the Fair Labor Standards Act (FSLA). The increase is the third and final in a succession of increases, over a three year period, mandated by a bill that was passed in 2007.