Electronic Pay Stubs

Employers are able to reduce administration and production costs associated with payroll distribution of pay stubs. NACHA (National Automated Clearing House Association) estimates that a pay stub is handled eight to nine times before it actually gets into the employee's hand, and on average, employers spend approximately $1.90 per employee in payroll distribution of checks and/or pay stubs. This equates to $49.50 per employee for 26 pay periods.

Therefore, a company with 600 employees spends approximately $29,700 per year just to communicate payroll information via pay stubs to their employees. While costs may vary, this is a conservative estimate that does not include the expense of postage or storage. Tranzparent Hosting will reduce your cost of pay stub administration by 50% or greater.

• Eliminate paper cost (i.e. forms, envelopes, and other paper goods)
• Substantially reduce printing cost of the pay stubs, envelopes, etc.
• Greatly reduce postage to mail the pay stubs
• Lower time and costs required to reproduce lost pay stubs
• Minimize the time expended by payroll and administrative personnel to manage pay stub activities
• Redeem storage costs; no more paper documents to store, everything will be electronic