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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. |
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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.

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