PAYROLL PROCESSING

Payroll Past v Present

Access from anywhere, by anyone, regardless of device, platform or operating system is the proven trend and Company. Payroll has a unique offering to address the cloud based services model for payroll and related HR service needs of SMB’s throughout the United States.

• Unsecure• Paper Dependent• Labor Intensive• Manual• Costly

• SecurePaperless

• Collaboration• Integrations• Secure Docs

Storage

Why Do Business Customers Need this Service?

Did you know…• Various sources within the payroll industry feel that regulations for

secure payroll data compliance are imminent.  Increased data security has already taken effect in various industries.  Credit card processing (PCI Compliance) and Health care (HIPPA Compliance) are just a few.

• Currently, only 20% of U.S. Businesses outsource payroll to providers who provide secure and compliant environments that protect employer and employee payroll data. In the very near future outsourcing payroll will be not just an option, it will become a requirement.

Why Do Business Customers Need this Service?

Did you know…

According to the IRS, 40 percent of small businesses pay an average penalty of $845 per year for late or incorrect filings and payments?

Company.payroll provides a tax guarantee, ensuring that customers will incur no penalties. We take responsibility for penalties and interest when they do occur. In many instances, this cost-savings immediately justifies outsourcing payroll.

Satisfying Today’s Payroll & HR Needs

Company.payroll offers businesses of any size enterprise solutions for payroll, time & attendance and HR in a collaborative single sign on environment.

OVERVIEW OF PRODUCTS & SERVICESEmployer on the GO, Reporting, My Employee on the GO & HR Tools.

Employer on the GO

Employer on the GO allows you to manage your payroll ANYTIME, ANYWHERE, ANY DEVICE.

• Intuitive online payroll and workforce management tool.• Employee onboarding.• Time & Attendance• Integrated HR Tools

Employer on the GO

• Preview Payroll Results to Reduce Errors • Payroll Tax Compliance • Unlimited Earning and Deductions Codes • Payroll for Restaurants and Tipped Employees • Check Calculator, Gross-to-Net or Net-to-Gross • Online Employee Self-Service • Import Your General Ledger from QuickBooks, Peachtree & Any

Other Accounting Package. • Human Resources • Workers' Compensation Insurance • Time and Attendance • Background Checks

Employer on the GO Data Security

The employees Personal Financial Information is

maintained in environment designed specifically to

protect sensitive financial information.

Employer on the GO Dashboard

Reporting

Reporting has been revolutionized. You have easy and convenient access to your data. Employer on the GO offers real time access to payroll reports each pay period. The Report Wizard and Quick Reports Tools also allow you to run and print numerous reports from your historical data across.

MY EMPLOYEE ON THE GOEmployee Self Service, Timekeeping and Electronic PTO Requests.

My Employer on the GO.

My Employee on the GO

What is it? • Comprehensive online employee portal that improves

efficiency, engage employees, enhance communication, and streamline HR processes.

Who’s it for? • Employee: Provides employees with a single login and

comprehensive set of tools to interact with their employer.

• Company: Provides the company, managers, and its HR team with a platform to engage and communicate with their employees.

• Payroll Bureau: Provides the Payroll Bureau a new

product to integrate directly into a client’s HR process.

My Employee on the GO

Employee Self Service

Employees receive secure internet access to a variety of tools that enable them to take control of their personal and financial matters including viewing:

• Profile information: name, address, W4, state and withholding allowances, contacts and more.

• Payroll and tax information: details of current and previous years’ per pay period employee compensation statements, deductions, PTO and direct deposit amounts.

• Annual tax forms: current and previous years’ W2 or 1099’s.

• Time and Attendance: details of each day’s time clock transactions for the current and previous pay periods, including time clock punches and hours worked.

My Employee on the GO Timekeeping

Employers no longer have to gather time sheets, compute the total hours and re-key into your payroll system. All that is done automatically and accurately.

Employees are issued time cards, which allow them to clock in and out through an electronic time clock or they can simply log in to our secure web clock with a user name and password to clock in and out.

Increase Productivity and Profitability• Time savings: substantially reduce the time spent preparing time sheets,

audits and reports.• Increase accuracy: minimize our eliminate costly human error in time sheet

preparation.• Increase productivity: over 20 hours of productivity per year is lost by an

employee who arrives late, extends a break or lunch and leaves early.• Increase profitability: time theft is all too common and can result in lost profits,

not to mention overtime, taxes and benefits.

My Employee on the GOPaid Time Off Request

Reporting

Company.Hire Simple and cost effective hiring solutions

for your business.

• One-click job advertising• Background checks • Paperless onboarding

Creating Job Descriptions

Advertising Costs on Job

Boards

Managing Paperwork

Consistency and Compliance

Sifting Through Mounds of Emails and Resumes

Interviewing Unqualified Applicants

Hiring Challenges

Hiring is Expensive!

Cost Per Hire• Services – Hospitality & Food $1,062• Arts & Entertainment $1,394• High-tech $3,357

Avoiding Bad Hires

After a new employee’s first week, the CEO of

Zappos.com will offer that employee a $2,000

bonus…..

….to leave the company.

22

Employee Recruitment SolutionsJob Description Library

Discounts on Advertising

Automated Applicant Tracking & Scoring

Background Checks & Drug Screening

Paperless Onboarding

A cloud-based portal allows the customer to access job postings,

applicant submissions and important documents.

Hiring Dashboard

Customers can create qualifying questions to

filter applicants and streamline the screening

process.

Weighted Evaluation Criteria

THE MOST QUALIFIED CANDIDATES

AUTOMATICALLY APPEAR AT THE TOP

OF THE SCREEN

Instant Visibility

Discounts on Advertising• Package A - $249

• Package B - $349

• Package C - $449

• Package D - $475

1 post = $295

1 post = $395

1 post = $419

Competitive Analysis

Industry Facts • Various sources within the payroll industry feel that regulations for secure

payroll data compliance are imminent.  Increased data security has already taken effect in various industries.  Credit card processing (PCI Compliance) and Health care (HIPPA Compliance) are just a few.

• Currently, only 20% of U.S. Businesses outsource payroll to providers who provide secure and compliant environments that protect employer and employee payroll data. In the very near future outsourcing payroll will be not just an option, it will become a requirement.

• According to the IRS, 40 percent of small businesses pay an average penalty of $845 per year for late or incorrect filings and payments?

Why Outsource Payroll? • Reduce costs• Reduce complexity and risk• Alleviate pain• Multiple payment options • Free up time• Avoid technology headaches• Leverage outside payroll expertise• Avoid payroll knowledge walking out the door

HANDLING OBJECTIONS

Handling Objections

Objections Response

We are too small. We offer programs starting at $49.00 a month.

Our household payroll program for as low as $29.00 a month.

Handling Objections

Objections Response

Our CPA handles payroll With our solutions you could you save the money you would normally pay your CPA, for quarter and year-end reports.

Also, most CPAs will not offer a tax guaranty in the event of a fine

Handling Objections

Objections Response

Will this work with my existing Time & Attendance Program?

Yes. Most of these types of programs have the ability to export out a data file and in most cases we are able to use this data file to update the payroll system.

WHY BUYS?

Lower Processing Costs

Company.payroll #EmployeesCost/Employee/

PayrollAnnual

Savings*

Core Package 8 $6.06 $5,364.00

Power Package 8 $7.06 $4,039.00

Platinum Package 8 $8.06 $3,690.00

Manual Cost$34/Employee

100 to 300 Employees

*vs. Manual ProcessingAssumes 2 pay periods per month

Why Buy?

The payroll company provides a tax guarantee

ensuring the customer will incur no penalties.

Why Buy?

Why Buy?

Packages Start at Only $49/month

PAYROLL COSTS, BUNDLES & SERVICESCore, Power and Plus

Pricing

Company.payroll CORE Plan Features

 CORE Plan Features:• Cloud-Based Employer Portal – access and run payroll from

any device, any time• File and pay taxes, guaranteed – never miss a payment, never

receive a penalty. Company.payroll takes 100% responsibility for filing accuracy.

• Electronic Payroll Distribution – with fully electronic payroll, sensitive data is safe.

• Easily pay W-2s and 1099s• Choose your pay method: check, direct deposit or payroll debit

card

Company.payroll POWER Plan Features

POWER Plan Features:

All CORE Plan features –• Cloud-based Employer Portal – access and run payroll from any device, any time• File and pay taxes, guaranteed – never miss a payment, never receive a penalty.

Company.payroll takes 100% responsibility for filing accuracy.• Electronic Payroll Distribution – with fully electronic payroll, sensitive data is safe.• Easily pay W-2s and 1099s• Choose your pay method: check, direct deposit or payroll debit card

PLUS –• Report Library – access all of your payroll data and run hundreds of custom reports to review

every aspect of your payroll.• QuickBooks integration – Seamlessly integrate your payroll with your general ledger in

QuickBooks.• Pay-as-you-go Workers’ Comp – Improve cash flow management by automatically paying

Workers’ Comp each period, based on actual payroll.• Employee Self Service – reduce printed material and distribution costs by giving employees

secure access to their own payroll, tax, time and attendance information.• Electronic CPA report distribution• Affordable Care Act reporting

Company.payroll COMPLETE Plan Features

COMPLETE Plan Features:All CORE and POWER Plan features –• Cloud-based employer portal – access and run payroll from any device, any time• File and pay taxes, guaranteed – never miss a payment, never receive a penalty. Company.payroll takes 100% responsibility

for filing accuracy.• Electronic payroll distribution – with fully electronic payroll, sensitive data is safe.• Easily pay W-2s and 1099s• Choose your pay method: check, direct deposit or payroll debit card• Report library – access all of your payroll data and run hundreds of custom reports to review every aspect of your payroll.• QuickBooks integration – Seamlessly integrate your payroll with your general ledger in QuickBooks.• Pay-as-you-go Workers’ Comp – Improve cash flow management by automatically paying Workers’ Comp each period,

based on actual payroll.• Employee Self Service – reduce printed material and distribution costs by giving employees secure access to their own

payroll, tax, time and attendance information.• Electronic CPA report distribution• Affordable Care Act reporting

PLUS –• Cloud Based Employee Portal • Complete HR Outsourcing – The Company.payroll HR Support Center keeps your business up to speed with changing HR

needs. You have online access to employee handbooks, pre-written HR forms and letters, job descriptions and required HR forms.

• Time and Attendance – Electronic time cards and clocks are easier and more accurate than the old methods, and make reporting easy.

• Electronic PTO Requests• Task Management • Job Posting / Background Checks

CLIENT SIGN UP PACKAGEPayroll checklist, Sales order form, Employer agreement & MPA information

Payroll Checklist

Sales Order Form

Client/Employer agreement

Completing Paperwork with MPA information

Client Information

Company.payroll Glossary

Term Definition

General Ledger Tool containing all the accounts for recording transactions relating to a company's assets, liabilities, owners' equity, revenue, and expenses.

Workers’ Compensation

A form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue his or her employer for the tort of negligence.

Direct Deposit The electronic transfer of payments to any bank in the U.S. which is a member of an automated clearing house.

Payroll Debit CardEach pay period, the payroll debit card is automatically loaded with the full or partial value of employee’s paycheck. This enables employees without bank accounts to make purchases and receive cash back at retailers, and to obtain cash at ATM machines – up to the amount of the paycheck.

Company.payroll Glossary (continued)

Term Definition

EIN Employer Identification Number: The IRS and state code for an employer, how � �an employer is identified for tax purposes.

Withholding Amount

The amount withheld from employee wages for the payment of employment and other taxes.

Payroll Register A report that specifies pay amounts, taxes withheld, and other payments made in association with payroll services.

PAYROLL QUIZ

Payroll Quiz: Question

1. According to the IRS what percentage of small businesses face penalties for late and incorrect filings of payroll taxes?

a) $345

b) $545

c) $845

d) $1145

Payroll Quiz: Question

1. According to the IRS what percentage of small businesses face penalties for late and incorrect filings of payroll taxes?

a) $345

b) $545

c) $845

d) $1145

Payroll Quiz Question

2.) Name one reason why small businesses should outsource their payroll.

a) Avoidance of IRS tax penalties.

b) More time to focus on revenue generating areas of the business.

c) Additional HR tools helps run efficiently.

d) All of the above.

Payroll Quiz Question

2.) Name one reason why small businesses should outsource their payroll.

a) Avoidance of IRS tax penalties.

b) More time to focus on revenue generating areas of the business.

c) Additional HR tools helps run efficiently.

d) All of the above.

Payroll Quiz Question

3.) Identify one feature of My Employer on the GO.

a) Electronic PTO request

b) Gift Card Acceptance

c) ACA Reporting

d) None of the Above

Payroll Quiz Question

3.) Identify one feature of My Employer on the GO.

a) Electronic PTO request

b) Gift Card Acceptance

c) ACA Reporting

d) None of the Above

Payroll Quiz Question

4.) What are some of the advantages in having Merchant Payroll as your payroll services provider?

a) World Class Customer Service

b) Competitive Pricing

c) HR Products & Integrations

d) Timely Filings & Tax Payment Guarantees

e) All of the Above

Payroll Quiz Question

4.) What are some of the advantages in having Merchant Payroll as your payroll services provider?

a) World Class Customer Service

b) Competitive Pricing

c) HR Products & Integrations

d) Timely Filings & Tax Payment Guarantees

e) All of the Above

Payroll Quiz: Answers

1. C

2. D

3. A

4. E