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National Payment Initiative Will Keep More Money in Your Schools

Tampa, FL (September 21, 2006) – National Payment Corporation thinks your public school system should spend more of its budget on classroom education and less on payroll administration. The company has cut its fees for public schools on EZStub, an electronic pay statement that replaces old-fashioned paper pay stubs and reduces payroll budgets. EZStub also offers features tailored to schools.

“I’m a mom, and I see everything getting stripped out of my daughter’s classroom due to budget constraints,” said Stacy Anthony of National Payment, explaining why she’s enthusiastic about the company’s new initiative aimed at public schools.

For public schools only, National Payment is waiving its EZStub set-up fee, offering the first three months of service at no charge, and making Anthony’s consulting services available at no additional charge to ensure that the start-up goes smoothly. For the period following start-up, monthly fixed fees have been reduced by more than 50%. The result? School systems experience an almost immediate return on investment: about $25,000-$30,000 annually for large systems and $10,000 for small.

National Payment knows schools well, so it has tweaked its product to serve the schools’ diverse employee base. For example, schools can’t expect to go 100% paperless immediately. Some employees may lack Internet access at home. At no additional cost, the school can use EZStub to separate out those employees so they can easily print their stubs on demand via the EZStub system.

EZStub’s messaging capability can reduce phone calls to schools’ payroll departments. “Teachers have unusual deductions that appear once in a blue moon,” said Anthony. The payroll department can include a message reminding them that “Your paycheck includes an $8 deduction for your annual legal contribution.” Also, the system can make an easily understood explanation – or even the phone number of the benefits provider – pop up when the employee moves the cursor over a deduction code. It’s easy for payroll to sort messages by department, pay class or school.

More than half of Florida’s public school systems are implementing or considering EZStub. “Cost savings alone wasn’t the driving force here,” said Sam Hurst, Executive Director of Business Services, Citrus County School Board, in Inverness, FL. “Convenience for our employees and picking up some extra time for my staff to do more important things made the decision an easy one.”

School districts and financial officers who want to learn more can arrange for Anthony to give a free, one-hour class on paperless payroll.

About National Payment

National Payment Corporation is a leading provider of payroll distribution solutions. From web-based Direct Deposit Plus to EZStub electronic pay stubs and e-statements with invoicing, National Payment offers the latest technology for payroll and reimbursement distribution. With 15 years of experience and thousands of clients Nationwide, National Payment processes over $5 billion annually in payroll transactions on their client’s behalf with 100 percent accuracy.

(c) 2006 National Payment Corporation. All product names are trademarks of their respective companies.

CONTACT INFORMATION:
Mark R. Williams, Marketing Director
National Payment Corporation
Phone: 813-222-0333 x155
Fax: 813-221-8651
http://www.nationalpayment.com