Business Online Payroll automates payroll calculations and provides
full-service tax payment and filing
St. Paul, MN – (Marketwired) - March 3, 2014 – Alliance Bank, a privately owned community bank with over $550 million in assets, announced today the recent launch of Business Online Payroll for business banking customers.
Business Online Payroll is an affordable small business online payroll solution, seamlessly integrated into Business eBanking. It's designed especially for companies with 1 to 20 employees, and can support up to 100 employees. Once enrolled, customers simply log in to Business eBanking, enter payroll hours for their employees, review and approve. The rest is handled for the employer including payroll calculations and deductions, employee direct deposit and automated tax payment filing.
There is demand in the market for a small business payroll solution. Payroll products are typically set up for larger companies and priced accordingly. This solution fills a niche for smaller businesses that don’t have the time to calculate and process payroll manually nor do they want the expense that many payroll providers charge. This solution fills that need and is available right through the Alliance Bank online banking platform.
"We have received very positive feedback from the initial group of customers that signed up for Business Online Payroll," said V. Philip Reim, chief executive officer. "Our new payroll product is simple to use, and with single sign-on through Business eBanking, it couldn't be more convenient. We're pleased to offer this new service."
About Alliance Bank
Alliance Bank is a privately owned community bank with assets in excess of $550 million. Alliance Bank provides highly integrated commercial, agricultural, private and personal banking services in seven locations throughout Minnesota. Chartered in 1867, Alliance Bank delivers big bank expertise with community bank service. As a community bank, Alliance Bank is committed to remaining independent and providing personal interaction and timely decision making. From basic checking and savings products, to business loans, personal loans, sophisticated cash management and online banking services, Alliance Bank offers services to help companies and individuals succeed. Visit www.alliancebanks.com or call 1-888-959-9425 to learn more.