Processing payroll can be a real chore that takes up valuable staff time and resources. Why not let SunTrust help you get the job done easier and faster? We offer a range of payroll solutions that help you streamline weekly, bi-weekly or monthly payments to employees—and prepare payroll checks with just a few simple computer clicks.
Our Online Payroll service is available to users of SunTrust Online Cash Manager in businesses with between one and 100 employees.
- Pay your employees via direct deposit or check
- Run payroll in just a few clicks and we take care of federal, state and local tax deposits and filings, and supply you with year-end W2s and 1099s
- Offer employees access to online pay stubs
- Take advantage of human resources forms and guides
- Export data to accounting software
Our Online Payroll processing service can also be easily combined with our SunTrust Online 401k, allowing employees to set aside a portion of their earnings for retirement. SunTrust Online 401k makes starting and maintaining a retirement plan for companies with up to 100 employees simple and affordable. Our easy-to-use Web-based solution allows you to set up a 401k plan in less than an hour,1and offers features that make your role as a plan sponsor easier.
- Fast and easy online plan establishment with an advisor to walk you through every step
- Convenient online access that allows you to manage your plan anytime, anywhere
- A wide variety of investment alternatives to choose from
- Resources to help you understand and execute your role as a fiduciary
- Annual compliance testing and ongoing monitoring of regulatory changes on your behalf
- A Web portal for employees that includes a full array of educational tools, so that they can view and manage their accounts whenever it suits their schedules
- Fee transparency and disclosure
Our Online Payroll service is easier than writing checks—and cheaper than traditional payroll services. See how much your business can save with our Online Payroll service.
For employees who don’t have a bank account or who are infrequently paid, SunTrust’s payroll cards offer a great alternative for small business owners by reducing payroll costs and minimizing liabilities. Payroll cards offer easy enrollment and quick activation, along with the speed and efficiency of electronic disbursement. SunTrust offers employers who offer these cards better control over expenses and flexible pricing.
To learn more about our payroll solutions: 877.370.5108.