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New Electronic W2 (eW2) Completes UBCC’s Totally Paperless Payroll
Universal Business Computing Company, the leading provider of high volume, high productivity payroll and accounting software, proudly announces the electronic delivery of W2's (eW2) completing UBCC’s totally paperless payroll.
“The UBCC team and our clients are thrilled about being able to offer the eW2, which marks the final step of UBCC’s totally paperless payroll,” stated Ken Garen, CPA, Co-founder and President of UBCC. As required by the Federal government, each employee will have to “opt-in” to receive their W2 as an electronic file in their email inbox, which will be delivered as a PDF attachment that can be optionally password protected.
UBCC’s eW2 offers significant benefits for both the employee and the business. “The employee will have immediate access to their eW2's which can be saved in their email system and/or forwarded to their accountant – which eliminates any potential issues with the paper delivery method such as slow deliver or non-delivery via snail mail by the U.S. Post Office,” said Garen. All UBCC created PDF files can be password encrypted, ensuring the highest level of security for the eW2 exchange. “Businesses will reap the rewards of increased staff productivity along with significant cost-savings due to the elimination of postage, envelope, paper and toner costs,” commented Garen.
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