Every company or institution that offers Employee Payroll Deduction increases their revenue and employee satisfaction.
Whether you have a cafeteria, coffee bar, or store, our software will increase employee satisfaction and revenue by adding Employee Payroll Deductions. Payroll Deductions POS is not something new; the key is automating it. This benefits the employer and employee. Manual systems can be challenging, requiring cashiers and volunteers to check a list to see if an employee is eligible for payroll deductions. Manual processes involve handwritten slips for employees to sign that ensure purchase tracking, and require manual inputs into th system. Automating your payroll deduction process saves vast amounts of time for employees and offers convenience to your employees.
ArbaRapidPay Automates Employee Payroll Deductions
We eliminate the manual payroll deduction process by providing automation for import files that include employee census information. The system will recognize new employees, which supports swiping the employee’s badge, and lets the software check the employee’s balance. The system will check the import file to automatically check and deactivate employees after termination as well. Transactional receipts may be printed and the option for signature receipt has an on/off switch. At the end of your payroll cycle, employee numbers and deduction amounts transfer automatically to payroll. Payroll deductions subtract from employee paychecks and then employee balances are reset at the beginning of a new pay period.
Automation for departmental charges are also available, allowing for accurate chargebacks to the appropriate department, as are physicians’ charges. Managers may print or send statements to accounting for departmental adjustments.
Your POS product is able to provide this tool for you. It can allow you to attach a layaway to a customer number, and track the items, and the payments as they are made against the items on layaway. See what items are due for pick up, and bring them over from the warehouse!
Other Employee Payments
Gift cards are a great way to keep money in retail areas. These aren’t just presents for one employee to give to another; they have a couple of other great uses! A gift card can be given to a customer to offset a return. The retail manager doesn’t have to give back cash or write out a credit slip for the return of expensive items. One other elegant use for gift cards has been the sale of those cards to administration, for a handling fee, plus the card value, for service recovery and employee rewards.
In summary, cashless payment solutions automate Employee Payroll Deductions and the entire payroll process from beginning to end. This also works as a mini accounting system with standard ERP accounting software like SAP, Lawson, Kronos, ADP, Oracle/PeopleSoft, Meditech, and more. Employees can manage to spend, receive notifications, and track purchases and account balances. Employees can also keep track of their balances and purchases via the web portal which interfaces with the ARBA POS system.
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