Sage Software recently announced a new employee payment option. Partnering with Motivano, a leading employee benefits technology company, Sage will now offer via a web-based solution Sage Payroll PayCards.
To that end, Sage Payroll PayCard customers will not only receive online customer support and live customer service, but will have access to comprehensive training tools to ensure employer success and employee satisfaction.
“We will not only be offering paycards, but we will also offer the support that small and mid-sized businesses and organizations need to educate their employees on maximum use of the card,” said Karl Grass, Senior Vice President and General Manager of Employer Solutions at Sage Software. “To that end, Sage Payroll PayCard customers will not only receive online customer support and live customer service, but will have access to comprehensive training tools to ensure employer success and employee satisfaction.”
According to the most recent 2001-2004 Survey of Consumer Finances completed by the Federal Reserve, 10.6 percent of US families do not have a checking account. Also, a study by the American Payroll Association revealed that the cost of issuing a payroll check is between $1.00 and $2.00 and the cost of replacing a lost or stolen check is $8.00 and $10.00.
“We believe the new Sage Payroll PayCards could potentially save our customers a lot of time and money,” Says Mark Dresser, President of Dresser & Associates, the leading Sage Abra Business Partner. More than 4 million paychecks are lost or stolen every year. Replacing the lost checks costs companies an estimated $48 million per year. With the elimination of check loss, theft, stop payments, check handling, overnight courier deliveries and processing fees, other Sage Payroll PayCard advantages include:
- Cost reduction in check generation of up to $2.00 per paycheck
- Increased security due to reduced potential for fraud
- Increased employee satisfaction through elimination of time-consuming trips to check-cashing stations or banks, and potential monthly savings of 60% compared to traditional check cashing fees.
Company Overview
Dresser & Associates was founded in 1991 as a management consulting firm and became a Sage Software business partner in 1997. Headquartered in Scarborough, Maine, Dresser has regional offices in Georgia, Florida and Kentucky. Dresser is one of the leading National Partners for Sage Software with customers in 38 states offering Sage Abra HRMS (formerly ABRA Suite), ABRA HR, Abra Learning Action Compliance, payroll software and HR software from Sage Software (formerly Best Software). Dresser also offers on-going human resource management services on a consultant or outsourced basis, providing consulting services to improve operational and management performance. Dresser is focused on assisting its clients by linking people strategies with business strategies.
About Sage Software
Sage Software has more than 2.7 million small and mid-sized business customers in North America. Sage’s products support accounting, operations, CRM, HR, time tracking, merchant services and the specialized needs of the construction, distribution, healthcare, manufacturing, nonprofit and real estate industries. Sage Software is a subsidiary of The Sage Group plc, a leading international supplier of accounting and business management software solutions.