Products » Business Management Software » Direct Deposit

Add Direct Deposit To Our Business Management Software Suite

Handle direct deposit management with ease and assurance when you use SouthWare's Direct Deposit. Electronic funds are transferred using NACHA (the standard format of the Federal Reserve), so you can be sure deposits are made and processed with accuracy. Direct Deposit requires no exporting, importing or third party transfer agents and makes direct deposits to any bank anywhere.

• No exporting, importing, or third party transfer agents necessary.
• Complete banking independence. Direct deposits made to any bank anywhere.
• Compatible with all communication packages (Century Software’s TERM® communication scripts included).
• Installs as a stand-alone application but interfaces directly with the direct deposit work file produced by SouthWare Payroll.
• Does not change or modify SouthWare programs. Therefore, SouthWare version upgrades are not affected in any way.
• User configurable to meet the direct deposit requirements of large and small banks.
• Federal Payroll Tax Deposits can be direct deposited separately or included with Payroll, to meet IRS requirements for electronic tax deposits.
• None of the NACHA file parameters are hard coded, so it’s easy for employers (users) to change banks, bank accounts, or any other variable.
• Allows users to create a single, multi-batch NACHA file for multiple payroll runs or create separate NACHA files for each payroll run.

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