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Direct Deposit Module

McLeod Software's Direct Deposit Module is fully integrated to the Settlements portion of the base package. It allows company employees to have their paychecks electronically credited to the bank account of their choice.

Features & Benefits:

• Direct Deposit is safe, secure, and reliable, as it eliminates lost and/or stolen checks and the cost you pay to reissue them, as well as any stop payment fees.
• It greatly simplifies account reconciliation.
• Direct Deposit saves your company money by reducing payroll administration, production, and distribution cost, as well as reduces check production and storage costs.
• It is a company perk that can increase your staff's productivity.