Direct Deposit
PenSoft Payroll offers seamless transmission of direct deposit files to make processing payroll easy and convenient. Our online service, designed for small to medium sized businesses and payroll processors, make direct deposit easy & affordable. PenSoft has partnered to offer secure, convenient, and reliable direct deposit service. It's secure, confidential, reliable, and convenient. Direct deposit can offer flexibility and freedom; regardless of whether you process payroll for your company or multiple companies.
Advantage to Your Company
Increased Productivity: No employee trips to the bank during a workday to cash or deposit paychecks.
Safety & Dependability: With direct deposit you are ensured delivery. And, there are no lost checks to reissue.
Big Savings: NACHA research shows with direct deposit businesses can save more than $1.25 on each paycheck.
Advantages to Your Employees
Guaranteed Pay: Your employees know their pay is available on payday, even during vacation, illness, business trips, or anytime!
Security: There are no checks to be lost or stolen.
Savings: Direct deposit often reduces bank service charges.
Convenience: Reduces the time spent driving to bank, standing in bank lines, etc.
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Individual company transmitter
Multi-company transmitter
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