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Positive PayIf you have experienced check fraud, you appreciate the value of
positive pay account reconcilement.
Taxes, Garnishments,and Child Support
Oh My!Automate the processing and disbursement of
employee payroll deductions using the INTERAC Payroll Deduction Management System
Integrated with Accounts PayableAssign each payroll deduction to the appropriate accounts payable vendor.• Federal, state, and local taxes• Insurance and benefits• Garnishments and child support
Automatic ConsolidationPayroll automatically consolidates all the deduction transactions and submits them to the assigned vendors in accounts payable.• Common deductions may be assigned to all employees. • Unique deductions may be assigned to individual employees, as
needed.• Many deductions can be set to calculate automatically, not requiring
any further data entry during the payroll process.
Positive PayUtilize the typical accounts payable process to disburse the payments to each vendor.• Utilize direct deposit with vendors to further automate the process.• The Document Management System will automatically store a copy of
the check or direct deposit statement in the vendor file.• Accounts Payable will also generate the standard direct deposit file for
Electronic Child Support Payment for upload.
If managing payroll deductions is an ongoing nightmare every pay period, let us show you how you can automate the process with INTERAC Payroll Deduction Management System.