Use Prepaid Cards to Simplify Your PayrollFiroz Patel
Slowly but surely, digital payment technologies have transformed how businesses are run. The digital economy has brought countless innovative improvements to organizations of all sizes, from devices such as Square that turn your smart device into a card processor and make it easier to sell your products, to cloud-based technologies that render your office space obsolete in favor of distributed teams.
Use Prepaid Cards to Simplify Your PayrollFiroz Patel
Slowly but surely, digital payment technologies have transformed how businesses are run. The digital economy has brought countless innovative improvements to organizations of all sizes, from devices such as Square that turn your smart device into a card processor and make it easier to sell your products, to cloud-based technologies that render your office space obsolete in favor of distributed teams.
Interested In learning more about paycards. This quick presentation is a fun,fast, informational presentation that will teach you how much you can save with paycards.
Interested In learning more about paycards. This quick presentation is a fun, fast, informational presentation that will teach you how much you can save with paycards.
How Automation Technology Helps to Save Cost - Infographicsformcreator
Automation technology is a better approach for cost reduction. Automation technology, that cut-down the entire day-to-day process, offers a great opportunity for companies to increase service quality.
This 17-page document will inspire and guide you through WHY it's time to re-consider your agency technology. Furthermore, this guide will help you answer WHAT you need to know about the shifting home healthcare landscape from a traditional Fee-for-Service model to outcome/bundled reimbursement.
With this guide, you'll learn about topics such as:
1. What is the Bundled Payment Model?
2. Why Home Health Care Agencies Require Technology
3. Steps to Buying a Software Solution
4. Key Factors and Features to Keep in Mind
Learn how to increase efficiency in your business by using e-payslips, P60s and P11Ds - whilst ensuring you stay the right side of the law - with Carval’s free e-book.
Here's what you will learn:
What the business & environmental case for change is
What the alternatives to sending out paper payslips are
What your legal obligations as an employer are
What to do about employees who don't have computer access
What the pros and cons are
How to Reduce Payroll Paper Output with e-Payslips, P11Ds & P60s
TFG Company Overview
1. TFG Payroll Debit Card Overview
TFG Card Solutions is a rapidly growing pioneer in corporate spend
management. The TFG Visa® Debit Card has allowed employers
and employees to save millions of dollars in payroll administration
and unnecessary distribution costs by eliminating the need for paper
payroll checks.
In many organizations, up to 40% of their workforce is still paid by
paper check. An Employer’s average, fully-loaded cost of paying by
check ranges from $1.00 to $2.00 per payroll event depending on
check volume and distribution method. With the TFG card, an
employer can move all payroll to its current direct deposit/ACH
platform and reduce the average of pay to $0.35. Employers also
incur lost productivity costs that can be an additional $2.00 to $3.00
per payroll event because employees have to leave work during
working hours to cash their checks.
Employees, too, incur unnecessary costs with paper checks. The
cost to cash a $400 payroll check, as reported by the Wall Street
Journal, can be as high as $40.00 per pay event. Using a
conservative fee of $10.00 per check, a 1,000 person workforce is
losing compensation of over $500,000 per year due to check
cashing fees. The cost to an employee to cash their check with a
TFG card is $0.00. By switching to TFG, employees get a free 5% to
10% raise that costs their employer nothing.
TFG has developed a world-class pay card operation with Visa®,
FIS, and First California Bank as its global partners. The company
has the bandwidth to manage tens of millions of pay cards. The TFG
solution seamlessly integrates into any payroll system, and can be
fully deployed within 10 days.
“Every year paper checks use over 674 million gallons of fuel and
add over 3.6 million tons of CO2 to the environment. By
incorporating a TFG pay card into your payroll process you’ll be
enhancing your green initiative by eliminating paper check
disbursements from the payroll department.”
For more information please contact Erik Farleigh at 800.457.5809
Ext. 225 or via email at erik.farleigh@tfgcard.com.
TFG Card Solutions, Inc. | 4875 SW Griffith Drive | Suite 200 | Portland, Oregon 97005 | www.tfgcard.com