Pay your team with a bank payment file (NACHA/ACH): coming soon
Managed payroll: we prepare the bank payment file and you upload it at your own bank.
How do I pay my team with Managed payroll?
Managed payroll: we prepare the bank payment file (NACHA/ACH) and you upload it at your own bank. Your payroll manager builds it from the payroll you approved, and the payment goes straight from your bank to your team's banks. This is coming soon.
How it works
- Your payroll manager runs the payroll and checks it against the 14 federal and state rules.
- You review the payroll and approve it.
- Your payroll manager prepares the bank payment file from the approved payroll.
- You download the file and upload it in your own bank's business banking.
- You authorize the payments at your bank. The money goes from your account to your team.
Why it helps
- It saves time. One upload at your bank replaces typing each payment.
- No middleman. No third-party payment processor sits in the middle, so there is no processor fee on your payroll. Your bank's own charges for ACH uploads, if any, still apply.
- Your money stays in your bank. You pay directly from your own account, and you authorize every payment at your bank with your bank's own sign-in and security.
- Your payroll manager does the preparation. The payroll, the checks and the file are prepared for you.
What does it cost?
$24 an hour for the hours your payroll manager works (what you get, with worked examples). There is no subscription and no per-payment fee. You approve each task and its estimated hours before work starts, and you pay only for the hours used. Every fee is on your ledger.
What we ask when you join
When you become a client, we collect your company's bank details and your team's direct-deposit details on secure screens. We never ask for bank logins, passwords, or screenshots showing account numbers by email or chat.
Which banks work?
We set up each bank's file settings one at a time. If your bank is not on our list yet, tell us the bank's name and we will add it.
When is it available?
Coming soon. Email us to join the early-access list.
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