Electronic Payroll Deposits

Electronic payroll deposits provide small business owners with a convenient and secure way to pay their employees. Some of the advantages include:

· Small business owners reduce check stock needs
· Employees receive payments quicker, saving them a trip to the bank
· Deposit paychecks, reimbursements, and bonuses directly into an employee’s bank account
· Employee records and payday schedules are saved on the system
· Receive reminders as payday approaches

Cost
Electronic payroll deposits through Alerus small business online is free of monthly service charges for the first six months. After the initial free trial period, electronic payroll deposits will cost $7.95 a month.