SVM’S payroll management system provides state-of-the-art distribution of paperless payrolls through SVM's Signature Based Card payroll system for any sized company. This streamlined alternative saves employers and payroll providers time and money and is reloadable via batch file or ACH.
   

Whether you are a provider of payroll services or an employer, our electronic payroll features save valuable time and money through a significant reduction in back office costs, in-house processing and generation of payrolls, including the distribution of wages and benefits. Our secure data base is accessible to you through the Internet and our browser friendly platform.

Payroll providers and employers can distribute wages, bonuses, advances and reimbursements at any time using our Cash Card as a check. The payroll originator can access and change the payroll data base at any time through our browser friendly secure Web site...

Employees with or without a bank account have immediate access to their wages and benefits through the Cash Card at any ATM worldwide...Employers can split wages to employees and their companion Cash Card holders providing an avenue to transfer a portion of their wages at the time the employee is paid...Reporting functions are swift and accurate - 99.999% . Automated features include payroll period statements, tax remittance documentation and form completion, W2 generation, and monthly, quarterly and annual statements for state and federal tax agencies.

  • Expand direct deposit participation: for example, provide cost-effective alternatives for employees who don't qualify for basic banking services at traditional financial institutions.
  • Instant approval with no credit check - anyone who is an employer or benefits provider (retirement or government agency) offers direct deposit.
  • Decrease the costs associated with your corporate payroll distribution; cardholders never bounce a check.
  • Enhance employee retention: guaranteed approval for all employees, funds FDIC-insured in cardholder - account, reduces money transfer fees to transfer funds to family members anywhere in the world.
  • Increased breadth/depth of product/services: provide meaningful benefit services to your workforce at minimal or no cost.