-- Cost reduction in check generation of up to $2.00 per paycheck;
-- Elimination of check loss and theft, stop payments, check handling,
overnight courier deliveries, and processing fees;
-- Increased security due to reduced potential for fraud; and
-- Increased employee satisfaction through elimination of time-consuming
trips to check-cashing stations or banks, and potential monthly savings of
60% compared to traditional check cashing fees.
Sage Software has partnered with Motivano, a leading employee benefits
technology company, to bring Sage Payroll PayCards to market. "We look
forward to leveraging our SmartCash paycard technology and industry
expertise in helping Sage Software deliver the Sage Payroll PayCard
offering to their future and current customers," said Seif Saghri, CEO of
Motivano. "The Sage Payroll PayCard will be delivered via our Web-based
solution that requires no system integration, software, or hardware. An
employer simply signs up and enrolls their employees."
Businesses and organizations utilizing Sage Payroll PayCards can give their
employees convenient and immediate access to their pay, without the hassle
and expense of cashing checks. Sage Payroll PayCards can easily be paid on
days off, and can be used to pay monthly or recurring bills, track
expenses, view account balances and transactions online, and make online
purchases.
Virtually all employees are eligible for a Sage Payroll PayCard, with no
credit checks and no prior bank relationship required. According to the
American Payroll Association (APA), as much as 25% of the U.S. working
population does not have a bank account.
For nearly 20 years, Sage Software has been a leading provider of
high-performance payroll solutions, from on-premises Sage Abra Payroll
software, part of the Sage Abra HRMS product line, to online Sage Payroll
Services, Sage Compliance Services for payroll tax filing and reporting,
and now, Sage Payroll PayCards. Sage also offers integrated HR and payroll
solutions for a variety of industries as part of the company's accounting
and ERP product lines, including Sage Accpac ERP, Sage MAS ERP, Sage MIP
Fund Accounting, Peachtree by Sage, and Sage Timberline Office. The
company served as a Platinum sponsor for the 12th annual celebration of
National Payroll Week (NPW) 2007, held September 3-7.
Being held this week at McCormick West Convention Center in Chicago, Sage
Summit is a four-day event offering the opportunity for users of Sage
Software products and services to network; gain insight to better utilize
their software and services; and learn about the latest industry and
business trends affecting their organizations. Two Sage Payroll PayCard
education sessions are being presented at the conference, plus Sage Payroll
Paycards are being introduced to Sage Abra HRMS and Sage Payroll Services
customers on the trade show floor.
About Motivano
Founded in 1999, Motivano is a leading employee benefits technology
company, providing electronic payment solutions that deliver convenience
and cost-savings. Motivano serves over 4,500 corporate and government
employers, with over 100 joining monthly. Clients include numerous Fortune
500 employers, such as GSK and Time Warner as well as thousands of small to
mid-size companies. Government clients include the State of Delaware and
the State of North Carolina. Motivano's products include healthcare cards,
payroll cards, payroll deduction technology, and employee incentive
solutions. For more information, please visit www.motivano.com.
About Sage Software
Sage Software supports the needs, challenges and dreams of nearly 2.8
million small and mid-sized business customers in North America through
easy-to-use, scalable and customizable software and services. Our products
support accounting, operations, customer relationship management, human
resources, time tracking, merchant services and the specialized needs of
the construction, distribution, healthcare, manufacturing, nonprofit and
real estate industries. Sage Software is a subsidiary of The Sage Group
plc, a leading international supplier of accounting and business management
software solutions and related products and services for small and
mid-sized businesses. Formed in 1981, Sage was floated on the London Stock
Exchange in 1989 and the Group now has 5.4 million customers and employs
over 13,000 people worldwide. For more information, please visit the Web
site at www.sagesoftware.com/moreinfo or call (866) 308-2378.
© 2007 Sage Software, Inc. All rights reserved. Sage Software, the Sage
Software logo and the Sage Software product and service names mentioned
herein are registered trademarks or trademarks of Sage Software, Inc. or
its affiliated entities. All other trademarks are the property of their
respective owners.
Contact Information: Press Contact: Cynthia Sutton Sage Software (703) 793-2700 x 3032 cynthia.sutton@sage.com