PowerTime Online Paystub and W2 Software

PowerTime Online Paystub and W2 Software provides your company the ability to provide online paystubs for your direct deposit employees. This eliminates the time and cost of producing and distributed paper paystubs every pay period. Paystub data can easily be imported into PowerTime from your payroll system using our universal import tool. This data is then ready for your employees the next time they log into PowerTime. Each employee can have an unlimited history of paystubs in PowerTime so that if they ever need to refer to a paystub from the past, it will be easily accessible from PowerTime.

PowerTime also provides the abilty to import W2 data from your payroll system. The W2 information is presented to the employee in the PDF format using the official electronic version of the W2 form from the federal government. PowerTime also is capable of unlimited W2 history providing your employees with a valuable convienince.

No Paper - More Savings: Perhaps the most exciting aspect of the PowerTime Online Paystub and W2 module is that it saves you money by removing the need to print and mail this important information to your employees. The National Automated Clearing House Association (NACHA) estimates that the average cost of printing a paystub for one employee is $1.90 per pay period. At 26 pay periods per year, this equates to $49.50 per employee. Therefore a company with 250 employees spends approximately $12,500 per year, and this is just to validate payroll via paystubs. While costs vary, this is a conservative estimate that does not include the expense of postage or storage. PowerTime will reduce your cost of paystub administration by 50% or greater.

Stand Alone Product The Online Paystub and W2 module is integrated in with the PowerTime suite, but it is also offered as a stand alone product. If you already have a timesheet solution or are simply looking for online pastub and W2 software, please inquire about our Online Paystub and W2 Product.