Wendy Velarde, VP of Human Resources at U.S. Water Services, noticed one day that somebody was walking around the office handing out pay stubs to employees. She thought it seemed inefficient and wanted to see if there was a better way. They were using CenterPoint Payroll by Red Wing Software at the time, so she contacted Red Wing Software to learn more about streamlining that process. Shortly after, they began using the electronic publish pay advice feature offered within CenterPoint Payroll. “Employees have been extremely happy with the online access to their pay information,” said Wendy, “Now they can access their pay data anytime.” Wendy also mentioned several situations during which the electronic access to pay advices could have come in handy. “Once during a snow storm, an employee needed access to his pay information, but only a very few employees had made it to the office. Having the pay advice function back then would have given him immediate access to that data, as long as he had access to the internet,” said Wendy. Also, employees all around the U.S. had to wait for their paper pay stub from the corporate office via mail. The employees are now much happier, having immediate access to their pay information instead of waiting for their stub to arrive in the mail. Providing immediate access to their payroll information allowed one family with a son going to college, to access the financial information they needed for their son’s college easily by using the online pay advice system. Wendy added, “Adding the publish pay advice function has been a huge win from an employee perspective, and it has also saved our company time and money.”

Direct deposit is a payroll software tool that helps companies save time and money by depositing pay electronically into employee bank accounts. Many businesses are now going a step further and publishing and distributing their company's pay advices electronically instead of printing the pay stub on paper and handing them out or mailing them. Here are some great reasons for you and your business to try publishing pay advices electronically instead of printing them on paper.

1. Easier distribution

   When you publish pay advices, an email notification is sent to employees, and from there they can click on a link to sign in and view their pay information. There is no longer a need to walk around with envelopes and distribute to each employee or pay postage and mail them. Distribution happens as soon as you send the email notifications, saving you the time associated with finding employees and handing them the paper documents, and you save money by cutting out the postage.

2. Reduced paper and ink costs

   Pay advices typically use a sheet of paper and an envelope each. How many envelopes and paper would you save each year by eliminating the need for this paper each pay day? If you have 50 employees and they are paid every two weeks, it amounts to 1,300 envelopes and 1,300 sheets of paper. Help the environment and your bottom line by publishing electronically instead!

3. Easy ongoing employee access to pay information

   Publishing pay advices allows the company to save pay data and make it available to employees, which in turn provides a secure place for employees to access their pay data with just a login name and email address. This saves the HR department time, and also lets employees know there is a central place for them to access their pay data any time they wish.

Using a publish pay advice application can help your company save time and money, and can also keep employees happy.