With the Direct Deposit/Withdrawal (DDW) service, automatically receive your salary, make bill payments to service providers, receive payments and much more.
Ideal if you have a certain number of employees and want to make managing your providers easier.
Save time and money
- Simplifies payroll management
- Facilitates bank reconciliation
- Employees receive their pay faster
- Reduces the risk of fraud
Eliminates the need to:
- Issue cheques
- Place cheques in envelopes for mailing
- Make employee payroll deductions
- Eliminates the need to manage post-dated cheques
- Eliminates to need to receive payments by cheque
- Increases working capital
- No delay in receiving payments
- Facilitates management of accounts receivable
- Ordering and printing cheques
- Cashing cheques
- Equipment maintenance
- Interest charges for unpaid merchandise
- Postage