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How to Market Ancillary Products
Features and Benefits of PayChoice Tools And Online Products
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PayChoice Online Tools
Online Employer Access and Security Module PayChoice Online Payroll Processing Reporting Employee Services Employee Access to Payroll /HR Data ViewChoice Online Retrieve Reports Online Web GL Quick books Interface
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Online Employer Benefits
Uses Online Employer to manage a Secure Environment Files are stored on a secure website with 128-bit encryption Users create their own password and can change it at any time All passwords are encrypted and are not viewable by anyone Applications automatically time out when not being used Data is protected with Secure Socket Layer (SSL) Security Validation Certificate issued by
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PayChoice Online Benefits
Your Customer Base Customers Process their Own Payrolls More Control Responsible for input Provide a platform for additional capability Service Bureau Operations Solidify Current Client Base Less work for staff Provide a platform for additional capability Improve service delivery model by providing paperless payroll delivery
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Updates PayChoice Online
Modules added during last 12 months: Additional Security Level Modified Pay Grid Additional Reporting Functionality Manual Check Calculator Manual Check Print
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Employee Services Benefits
View Payroll Information including: Check Stubs W2’s Compensation Taxes Deductions Direct Deposit Information Used and Accrued Time Off View and Edit New Personnel Data fields including: Emergency Contact information Medical Information Dependent tracking Education Certifications Skills Training Create Reports containing both Payroll and Personnel Data
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Employee Services Benefits
View and Edit Payroll information including: Demographic Information Employment Information EEO Information Benefit Selections View and Edit new Personnel Data fields including: Asset Management Employment History Citizenship Qualifications Education, Certifications, Skills, and Training Reduce Employee Inquiries to the Personnel Department Create Reports containing both Payroll and Personnel Data
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Employee Services Benefits
Generate Additional Revenue Provide an Additional Product to Customer Base Gain Additional Customers requiring Personnel Management Solidify Current Client Base Help clients meet basic HR administrative needs Provide a platform for additional capability Improve service delivery model by providing paperless payroll delivery
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ESS Revenue Opportunity -- per Service Bureau
Current Revenue ($2.00 per Employee) $ per Month per Employer (62 Employees average) $1, per Month (11 Employers average) $16, per Year Potential Revenue (40% of Current Employers) $7, per Month $89, per Year Without adding a single New Customer
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Updates Employee Services
Modules added during last 12 months: Check History Reporting (Summary) User Definable Fields Reporting Document Management Position Management Module
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The Future Modules planned for future release include:
Edit Custom Reports Check History Reporting Detail Benefits Management II (Enrollment) PTO Accrual Management Employee Review/Discipline Management Employee Termination Checklist
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Web GL Benefits Customer Benefits No Manual Posting to GL Accounts
Save Time Reduced Cost Service Bureau Benefits Additional Product Offering Competitive Advantage (No Disadvantage) Additional Revenue
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Web GL Revenue Opportunity -- per Service Bureau
Current Revenue $10.00 per Payroll Processing (Biweekly) Potential Revenue (100 clients ) $2, per Month $27, per Year Without adding a single New Customer
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ViewChoice Online Benefits
Customer Benefits Retrieve Reports from Anywhere Report Distribution Security of Data Service Bureau Benefits Additional Product Offering Competitive Advantage (No Disadvantage) Ease of Distribution Less Resources Additional Revenue
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ViewChoice Revenue Opportunity -- per Service Bureau
Current Revenue $10.00 per Payroll Processing (Biweekly) $ per CD (Annual) Potential Revenue (100 clients ) $2, per Month $10, Annual CD $37, per Year Without adding a single New Customer
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Bottom Line Exactly What PayChoice Online Provides Customer Benefits
Manages the Most Difficult Accounting Process Save Time Reduced Cost Service Bureau Benefits Secures Your Customer’s Loyalty Saves Time Makes Money
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Bottom Line Employee Services $90,000.00 WebGL 28,000.00 ViewChoice
Exactly What PayChoice Online Provides Real Revenue per 100 Companies Employee Services WebGL ViewChoice Total $90,000.00 28,000.00 38,000.00 $156,000.00
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How to Market Ancillary Products
Features and Benefits of PayChoice Tools And Online Products
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