Plus, you won't have the problem of damaged, lost or stolen checks. Improve employee productivity. Electronic Payment Services allow you to reduce the amount of time spent preparing checks for dividends, reimbursements, routine payments and more. That frees you to focus on more important work issues. You'll also have the capability to warehouse transactions for future processing.
Employees receive a pay stub detailing their payroll transactions.
Enhance Cash Management. Your company will benefit from predictable cash flows because of uniform settlement dates. This allows for more precise investment timing decisions. Our FEDI Services are ideal for clients who must receive electronic payments. Clients can electronically originate multiple payment formats for their trading partners including paper checks, wires, ACH transactions, FEDI transactions and non-financial EDI information.