NetBank Introduces Payroll Services for Small Businesses

NetBank has announced an affiliation with PayMaxx, Inc., to provide payroll services to NetBanks small business customers. NetBank will co-brand PayMaxxs two premier Internet payroll services, XpressPayroll and PowerPayroll.NetBank XpressPayroll is a streamlined, Internet-based payroll service for micro-businesses with 1-10 employees. It can be used easily and quickly with little or no payroll experience. Users can process their payroll with a few mouse clicks and print their checks and reports onsite within two hours of processing payroll. XpressPayroll also includes electronic new hire reporting and a comprehensive tax filing and compliance feature that helps ensure users avoid penalties and stay in compliance with the IRS as well as state and local tax authorities. NetBank PowerPayroll is an Internet-based payroll and tax filing service created specifically for companies with up to 100 employees. Using PowerPayroll, companies can submit their payroll online and receive payroll checks and reports the next day or, alternatively, print their payroll checks and reports in their offices. In addition to basic payroll processing, PowerPayroll customers can take advantage of nationwide tax filing, electronic new-hire reporting, direct deposit services, benefit accruals, general ledger links, advanced reporting and several other functions.