Thursday, 28 May 2015

Advantages of Online Check Stubs

Many businesses are supporting online check stubs as they reduce paperwork and increase flexibility in work process. Switching from paperwork to online payroll services has drastically improves administering payroll and benefits. It is necessary that all the employees have access to check stubs at anytime and anywhere. Check stubs is payroll documentation. 
Benefits of using Check Stubs
Check stubs are the evidence of employment status and pay scale. A rolling three years of history is available to employees that include check stubs. They also include number of hour’s worked, applicable rate and the bonuses earned. When they need it, Employees can print copies when they need for loans and taxes from their home, offices and from anywhere they have access to the Internet. You never need to track history information for your employees in future. The information can be accessed using mobile devices or personal computers. With the help of electronic check stubs, you won’t have to create payroll documentation for employees requiring the paperwork to support a loan application for instance. With fewer requests of this nature, HR can focus on important tasks. This system is very efficient for employees. Employees can download what they need whenever they need it.
Secure registration and access
Each employee gets a registration instructions worksheet that includes everything they need to register including your secure company code.
Reduce cost
It also reduces cost as no paper checks, check stuffing or mailing fees and no payroll delivery fees. Additionally, reducing the amount of paperwork generated for back office operations means saving on office supplies, postage and handling expenses while reducing paper waste, which is sound environmental practice for all businesses regardless of size.
Electronic records of check stubs and other employment-related documents are easier to store, track, archive and retrieve.

It improves productivity, delivery of services and reduces operational costs. If you are tied with any online payroll services then you can also add an additional feature of email. You can deliver check stubs via emails to improve work system efficiency and enhance employee satisfaction.

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