The benefits of using the Equifax Paperless Pay TALX system include reducing business costs, in addition to supporting green initiatives by eliminating the need to print out paperwork. Additionally, the system is beneficial in allowing for payroll modification at the hands of the employee, which includes making changes concerning items such as direct deposit information, W-4 updates and personal data.Continue Reading
Businesses that use the Paperless Pay portal experience cost efficiency since employees have access to their personal payroll accounts, leaving extra time for companies to focus on other important business measures. Employees who access their accounts are directed to a secure website, so information is completely confidential and accessible at any time via either the Internet or telephone. Employees have the ability to modify several aspects of their payroll and employee profiles on their own time, which is convenient for both the employer and employee.
Because the system is entirely paperless, pay checks and pay stubs do not have to be printed, reducing paper waste and supporting the company's green initiative. Employees have access to their direct deposit information, allowing them to modify accounts and amounts, and giving them access to their W-4 information. The system also allows employees to update personal information, such as their names and addresses, and it offers eReports, which allow for custom paperless statements, commissions and schedules.Learn more about Accounting