Media Releases - 2000 - Two New Product Features Added to SurePayroll's Payroll Processing System

Two New Product Features Added to SurePayroll's Payroll Processing System

Customers now have ability to allocate payroll expenses by departments, and can track paid time off

HIGHLAND PARK, IL — August 11, 2000 — SurePayroll recently enhanced its unique, 100% web-based payroll processing system to include two new product features — allocating payroll expense by departments and tracking & reporting of paid time off.

Both features maintain the simple and intuitive interfaces that are the hallmark of SurePayroll. Additionally, each feature contains design elements and functionality gleaned directly from input provided by small business owners and end users.

"Our research indicated that small businesses track paid time off through their payroll system. Similarly, customers told us that there was a need to allocate payroll expense by locations or departments," said Troy Henikoff, President SurePayroll. "With this in mind, our product development team talked with many end users to create easy-to-use solutions to these complex issues."

Jennifer Berman, Director of the FERS Human Resources Consulting Group, a practice specializing in providing HR and Payroll consulting services for small and mid-size companies, said, "When I first saw SurePayroll, I was impressed by how efficient and easy it would be for our small business clients to process payroll. Now that they have added vacation tracking and expense allocation by department, I believe it is also the most comprehensive payroll option."

About Paid Time Off Tracking and Reporting:
Paid Time Off Tracking and Reporting allows employers to easily monitor and track up to three different types of paid days off such as vacation, sick time and personal days.

SurePayroll automatically calculates and updates the number of days earned, days used and days available based on pre-defined rules set up by the Payroll Administrator.

SurePayroll not only provides summary and detailed reports for the Payroll Administrator, but its also reports individual information on the Employee Pay Stub. This means Payroll Administrators and employees will save time as they will have 24/7 access to questions such as "how many vacation days do I have left this year?"

About Department Codes:
The addition of Departments Codes allows employers to allocate employee payroll expenses (e.g. salaries, taxes and benefits such as 401(K) matches) across divisions, departments and/or office locations. For example, an employer can easily allocate 50% of an individual's expense to Sales and 50% to Marketing.

Reports are available on both a summary and detail level. Most small business can benefit from the added ability to allocate payroll costs among separate groups.

Optional Features Without Additional Cost:
Paid Time Off Tracking & Reporting and Department Codes are optional features that can be set up anytime, not just during a customer's initial enrollment period. The Payroll Administrator also has the ability to easily make changes such as revising the allocation of expenses or creating a new maximum balance of vacation days available to the employee. Changes can be set as ongoing, or may be modified on an as needed basis.

There are no additional costs associated with either feature. SurePayroll's price remains $24.95 + $.99 per employee per payroll period.

About SurePayroll:
SurePayroll was founded in December of 1999. The Company offers an Internet-based payroll service that automates the entire payroll process, completely eliminating the traditional processing steps that conventional payroll services providers use. SurePayroll allows small businesses and their employees to initiate and access payroll information conveniently from anywhere, anytime, via a completely secure and reliable Internet site. With SurePayroll, payroll is completed in a fraction of the time, at a fraction of the cost. For more information, visit the company's Web site at www.surepayroll.com.

To set up a demonstration, please contact:
Michael Alter
SurePayroll
847-676-8420, ext 7229
michael.alter@surepayroll.com

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