Payroll Direct Deposit
Now available for Cougar Mountain software customers!
Cougar Mountain has designed all our merchant services to benefit small to medium sized organizations. Our Payroll Direct Deposit service can help such firms save money.
Research reveals that national banks generally have minimum charges, monthly fees and line item fees. Our partner's only charge is a fixed fee of 25¢ per payroll direct deposit line item, translating to significant savings for companies with under 250 employees.
As an example:
With Cougar Mountain 's Payroll Direct Deposit solution, the annual cost of direct deposit payroll for an organization with 50 employees paid bi-weekly would be $325.
Compare this to an organization using a national bank with a minimum charge of $25 per payroll -- the annual cost of direct deposit would be around $675. By using Cougar Mountain 's solution, that 50-employee company would cut their payroll costs in half!
In addition, that same national bank charges line item fees, data transmission fees and a monthly fee for the service. The total for that 50-person payroll is just under $1300 a year!
Saving $1000 a year on Payroll is a significant contribution to your ROI. What can you save?
Available with CMS Professional Payroll.
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