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Helping the Grand Canyon State Work Toward Paperless Payroll

Helping the Grand Canyon State Work Toward Paperless Payroll

BOA Merril Lynch
Pages 4 Pages

Executive Summary The state of Arizona implemented a CashPay ® Visa ® Payroll Card program from Bank of America Merrill Lynch in December 2009. Payroll department management had worked for years to reduce the cost and complexity of issuing and reconciling paper warrants (i.e., paychecks) by encouraging employees to sign up for direct deposit, but could not reach above a 90% adoption rate. The CashPay card provided a safe and convenient

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Payroll Management

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