Why Use cPay?
Reason #1: cPay Does Not Impound Your Money.
You might be asking yourself, “What does it mean to impound my money?” Well, in short, we disperse your funds directly from your account to your employees. For example, we’ll say your pay date is on Fridays. With our competitor, you send in your time on Wednesday, and your funds are “impounded” or taken out of your bank account on Wednesday or Thursday and put in to our their bank account to hold until payday. Then on Friday your employees are paid out of the money they have impounded from you. With cPay, we pay your employees with your money directly out of your bank accounts on payday. Now, you might be asking yourself “How does this affect me?”
Basically, your money is being used for short-term investments to benefit someone else. cPay does not do that.
Using the same scenario, when you turn in your time on Wednesday, we process your payroll, and on Friday, all checks are dispersed that settle on your account. This allows more time to have funds available and provides more security because we never hold your money. Another benefit to you is piece of mind when it comes to letting a disgruntled employee go. If this employee should have a set of keys to your place of business, and to ensure a quick return of the keys, you hold their check.
If you are using our competitor, the funds for that check have already been taken out of your account. Your only leverage is the piece of paper in your hand which entitles that person to money from a different company. With cPay, the money stays in your account until you are offered a fair trade for the keys. Another added benefit to cPay’s method of payout is that you are aware almost immediately of when an employee cashes their check. With our competitor, you may never know if an employee forgets to cash their check, because that money has already been “impounded” by the competitors business, to be dissolved for the betterment of their company and not yours.
Reason #2: cPay is a Specialty Company.
We know and understand the inner workings of every type of payroll, such as union payroll, businesses with multiple locations and many others. We will accurately calculate complicated union benefits, such as Union Deductions, including Union Dues, Vacation pay, Pension, Health, Welfare and other Union Benefits. We will accurately compute Union Overtime. We will even take care of Union Reports and Check Writing. Most of our competitors know the basic payroll rules, but we have taken it a giant leap forward by educated our staff on all types of payroll. As we all know, every payroll is not the same, especially payrolls with union employees.
Reason #3: cPay Will Cater to the Needs and Wants of the Business Owner/Manager.
The owner of cPay, LLC, Robert Baugh, has been a Certified Public Accountant for over 27 years. Out of college, Robert went to work for the construction industry as a controller. During this time, he was reporting to more than 50 different union locals in 8 different states. He developed software that would automate this daunting process. Over the past 25 years this software has been perfected. This is the same software we use today. With that said, we can and will customize our products/services around your needs, wants and demands.
Reason #4: cPay is More Flexible and Customizable With the Best Costumer Service.
At cPay, we understand one size does not fit all. We will mold our business to fit your business. We will let you tell us what you need us to do, rather than tell you what we will do for you. We are flexible when it comes to paying your taxes. If you prefer, we can let you keep the funds in your account until the due date and let you pay them. We can pay your taxes as payroll is incurred, or we can pay your taxes through EFTPS on a date that you choose. Because we use our own software, we can also customize reports you may need to help you run your business as smoothly as possible. We are local, which means if there is a mistake in the payroll, it can be easily reprocessed and hand delivered. If you make any kind of mistake, we will do anything in our power to help you fix it. cPay is owned and operated by a CPA firm that knows how to deal with the IRS.
Reason #5: cPays Prices are Lower.
The American way is “if it costs more it must be better.” cPay is breaking the mold and offering a better product at a lower cost. Here is a price quote from a competitor compared to a price quote from cPay, LLC:
Competitor
Base price after a 20% discount = $53.97
Direct deposit: $8+$.50 per transaction = $13.00
Total per pay period = $66.97
Annual Charges
W-2 processing = $40+$4.50 per W-2= $85.00
Annual Cost = $3,567.44
CPay, LLC
Base price before any discount= $47.68
Direct deposit: $10+$.25per transaction = $12.50
Total per pay period = $60.18
Annual Charges
W-2 processing = $35+$3.50 per W-2= $70.00
Annual Cost = $3,199.36
The difference is a whopping $368.08 per year, $30.67 per month, $1.01 per day every day of the year!
The price quote from our competitor is after a 20% discount and the price quote from cPay, LLC is before any discounts were given. Because we will customize our products and services, you can choose what you want and remove what you don’t want. With our competitor, it is all included in the base price and you must pay for it whether you want it or not. For example, if you do not want cPay to produce your W-2 we wont, we also won’t charge for it. Our competitor does not give you that option.
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