What Is Direct Deposit Payroll Software?
Direct deposit software helps streamline the complete payroll process, including calculating salaries, deductions, bonuses and employee time off. It makes the payroll process less cumbersome and time-consuming. This type of software also makes it easy and safe to consistently pay staff salaries. Businesses can set up a recurring process with their banks to electronically transfer the money from their savings or checking account into the employees' bank accounts on a specific day every month.