About Cachet Financial Services

Whitepapers

Third-Party ACH Payroll Processors vs. Banks

Whitepaper Overview

It's a challenge for a service bureau or PEO to consider whether they should use a generalist or specialist for their ACH direct deposit payroll processing. Banks offer the service amongst many other services, but how well do they know the payroll industry? What are you missing and what are the advantages of a specialist?

Here's what you'll learn about specialist advantages in this whitepaper:

  1. 1 Growth opportunities and cost differences
  2. 2 Payroll reconciliation and security
  3. 3 NACHA audits
  4. 4 Payroll and HCM software partnerships
  5. 5 Support of alternative businesses
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