Directo Payroll Savings Calculator
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Company Information
Company Name:
Address:
Paycard Contact:
City:
CFO:
State:
Email Address:
ZIP:
Payroll Company/Bank:
Payroll Phone:
Payroll Numbers
Pay period:
Weekly
Bi-Weekly
Semi-Monthly
Monthly
Number of employees:
Number of checks distributed:
Number of lost, reissued checks:
Number Of Employees on Direct Deposit:
Number of overnight Check Deliveries:
Number of wire transfers:
Company Payroll Cost Data
Per Item
Per Payroll
Annualized
Ongoing Costs
Print cost per check Avg* $2.93:
$
$0.00
$0.00
Cost to replace check Avg. $9.00:
$
$0.00
$0.00
Cost per Stop Payment:
$
$0.00
$0.00
Cost per overnight package:
$
$0.00
$0.00
Cost per wire transfer:
$
$0.00
$0.00
AVG. hourly admin labor cost:
$
$0.00
$0.00
Bank fee for Check Processing:
$
$0.00
$0.00
Monthly Cash Management (Bank) Maintenance Fee - ACH for Business:
$
$0.00
$0.00
$0.00
Bank Fee to Run ACH File for Direct Deposit:
$
$0.00
$0.00
$0.00
Cost per Paystub (print & mail):
$
$0.00
$0.00
$0.00
Other unique costs to deliver payroll:
$
$
$0.00
Payroll Account Reconciliation:
$
$0.00
$0.00
Escheat management costs - Uncashed checks:
$
$
$0.00
Results
Annualized
Ongoing Costs
Total Company Annual Payroll Costs **:
$0.00
$0.00
New Costs Associated with 100% Direct Deposit
Per Item
Per Payroll
Annualized
Ongoing Costs
Cost per ACH for New Employees on Direct Deposit - Directo:
$
$0.00
$0.00
$0.00
Cost per Paystub (print & mail):
$
$0.00
$0.00
$0.00
Cost to Manage and Administer Directo Program:
$
$0.00
Cost to Train or Alter Processes:
$
$0.00
TOTAL ONGOING COSTS WITH 100% DIRECT DEPOSIT AND DIRECTO:
$0.00
COMPANY NET SAVINGS WITH DIRECTO AND 100% DIRECT DEPOSIT:
$0.00
Revenue from Increased Productivity
Worker off-site hourly revenue loss:
$
Hours lost per employee to paycheck distribution/cashing:
Checks distributed per pay period:
0
Revenue lost per pay period:
$0
Potential annual revenue from increased productivity:
$0.00
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* Print cost per check based on information from
www.nacha.org
** Average cost to produce, distribute and handle paychecks
Copyright © 2001–2007 Directo, Inc. All Rights Reserved.
