Doc agent relyco paperless tax webinar 3 6-13
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Time and Money Savings Tips for stributing W2s, 1099s and Paystubs Michael Johnson – VP ePayments Relyco vin Smith - Sales Director Digital Designs, Inc. March 7, 2013
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Transcript of Doc agent relyco paperless tax webinar 3 6-13
5 Time and Money Savings Tips for Distributing W2s, 1099s and Paystubs
Michael Johnson – VP ePayments RelycoKevin Smith - Sales Director Digital Designs, Inc.
March 7, 2013
The “Paper” Problem
Need Evidence?
The Federal Government is phasing out paper checks for all benefit programs - 73 million payments a month
More than 76% of individual tax refunds were delivered via direct deposit in 2011
More than 68% of Corporation are writing less checks
UK Phasing out checks – US Next?
Consumer moving rapidly to paperless payments and statements – Where is your checkbook?
We live in a self-service world
Paper is inefficient, costs time and money
Why Is The Paperless Movement So Strong?
Costs
Green Initiatives
Time
Do you know what the average cost per document is to produce and distribute pay checks or direct deposit advices?
$1.90(Source: NACHA – The Electronic Payments Association)
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Do you know the average number of times a paper check or stub is touched before reaching the employee?
(Source: NACHA – The Electronic Payments Association)
$10-25
Do You Know the average cost to reprint a lost tax document?
(Source: NACHA – The Electronic Payments Association)
7.5%
Do you know the average amount of documents lost or misplaced in an organization?
(Source: PriceWaterhouseCoopers)
www.ddilink.com/online-pay-stubs-w-2s
Calculate Your Savings!
Benefits for Employees
Opt-In for Paperless W2s & Paystubs
Self-Service
View – Print – Email
Secure Password Protected
Benefits for Employers
Less Time
Less Money
Reduce Support Calls
Employee Convenience
Employees: 32,000Locations: 439Documents: >600,000 pay stubs, 70,000 W-2s per year
The Solution
DocAgent Pay Stubs and W-2s Online•FrequencyWeekly/Semi-Monthly/Monthly Payrolls + Annual W-2s
•The Benefits•Competitive Win-Back from ADP - $4,500 / Month Savings! •Self-Service – 100% Turnover•Bi-Lingual Support (Spanish)•Infinium Integration
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Demonstration
DocAgent in the Cloud
Example of Online Pay Stub
Example of OnlineIRS-Legal Copy W-2
DocAgent.NET – Mobile AccessDocAgent.NET – Mobile Access
DocAgent.NET – Mobile AccessDocAgent.NET – Mobile Access
Recommend Direct Deposit & Online W-2s to Employees
Eliminate Print Production and Distribution Costs
Allow Secure Web / Workstation Access
Conform Easily to IRS W-2 Regulations
Host Documents in a Secure Cloud Environment
Best Practices = REACHThe 5 Steps
What We Covered
The ProblemThe BenefitsCase StudyDemonstrationQ&A
Where Do We Go From Here?
