It is not uncommon for you to hear someone say, "I'd love the company to provide a cashless solution so that I can easily buy lunch and snacks without the need of my wallet." Payroll deduction vending and food service can enhance a company's overall benefit package, increase loyalty, and also improve productivity.
Most companies today require their employees to have an ID Badge, whether it is for building security access or monitoring when people clock in and out of the departments. This same ID Badge can be used at the cash register in the cafeteria or in the vending machines in the workplace. ITC Systems provides both the hardware and software necessary to implement and manage a successful Payroll Deduction Program.
MultiPlan Software for Easy Payroll Deduction Programs
The heart of the program is MultiPlan software. This client database tracks transactions for all of the employees and generates the export file for the accounting department to use for payroll deductions. Easy import utilities automatically synchronize this data with the existing employee database, eliminating the need to manually update the client list. Daily spending limits can be established and maximum pay-period limits set to ensure the system responds to the employees' needs. MultiPlan is an on-line system where all transactions happen in real-time, with complete reporting and data mining capability.
The hardware installed in the vending machines and at the registers is robust and reliable. The card readers can be configured for any of the following options:
- Barcode cards
- Magnetic cards
- RFID cards
The Benefits of a Payroll Deduction Program
The employee does not have to worry about keeping cash in their pocket or running up credit card bills. The employer makes it convenient for the employee to remain at the facility with no need to leave the building for breaks and meals. The Vending and Food Service provider sees increased revenue without increased transaction fees.
In the past few years, ITC Systems has provided many installations that take advantage of the Payroll Deduction capabilities of MultiPlan. These installations have been in corporate accounts, healthcare institutions, and manufacturing plants.
For more information, please contact our Live Chat service or your regional Director of Sales.
