Archive for March, 2011
Relyco Honored by Dover Recreation Department as Large Business Sponsor of the Year
Last Updated on Thursday, 31 March 2011 09:05 Written by email@example.com Thursday, 31 March 2011 09:05
At its 17th annual Volunteer and Sponsor of the Year awards dinner held on March 24th, the City of Dover’s Recreation Department and Recreational Advisory Board recognized Relyco as its Large Business Sponsor of the Year. According to Gary Bannon, Recreation Director, Relyco has supported the city’s recreation programs for a number of years. “Both the employees and the business donate annually to youth sports organizations,” said Bannon.
“Giving back to the community in which we do business is very important to our company,” said Mike Steinberg, president of Relyco. “Youth sports were a big part of my life growing up. It’s an honor for us to be able to support these programs so that kids can enjoy playing sports and the benefits that come from them.”
Read the recent article from Foster’s Daily Democrat.
How to Reduce the Hidden Costs of Direct Deposit
Last Updated on Wednesday, 30 March 2011 10:23 Written by firstname.lastname@example.org Wednesday, 30 March 2011 10:23
On average, it costs $1.90 per employee per pay period to print and disseminate printed direct deposit payroll vouchers. For a company with 500 direct deposit employees and two pay cycles per month, it costs $22,800 per year just to provide paper direct deposit vouchers!
–National Automated Check Clearing House Association (NACHA)
The wide acceptance in recent years of direct deposit as a means for distributing paychecks to employees has dramatically reduced the time spent by payroll staff and employees alike, yet according to NACHA, a direct deposit voucher (often
referred to as an “advice”) is handled from seven to nine times before it is delivered to the intended employee. Of course, each time the voucher is handled, there is a cost involved (according to the above quote from NACHA, it costs $1.90 per voucher on average). There are also potential security and confidentiality issues, and the chance of it becoming somehow “misplaced” increases exponentially. On top of this, escalating expenses related to paper, ink, postage, administrative salaries, and finding or reprinting lost documents all contribute to the total cost of providing traditional paper direct deposit vouchers to employees.
Though it is mandated in most states that employees receive detailed payment remittances, the method of delivery has been left to the employer’s discretion. In light of the electronic document creation and distribution technologies already mentioned, companies are able to reduce or eliminate printing and mailing costs associated with direct deposit vouchers. Fully formatted PDF versions of the vouchers can be automatically “pushed” to an employee via a password-protected email attachment or “pulled” from a Web server by an employee through a secure SSL connection.
In addition to cost, paperless direct deposit reduces the security and privacy concerns that are inherent with the manual handling of sensitive payroll information. With fewer people seeing these documents, there is less chance of a confidentiality violation or identity theft.
Learn more in our whitepaper: Creating “Paperless” Payroll and Human Resources Environments
To hear more about how Relyco can help you transition to electronic payroll and for more information on our DocAgent paperless payroll and W-2 software, visit our DocAgent web page, call us 1-800-777-7359 or Email us.
Relyco ULTRASEAL Pressure Seal Forms Help Customer Improve Survey Response Rates
Last Updated on Tuesday, 29 March 2011 09:30 Written by email@example.com Tuesday, 29 March 2011 09:30
In a news release issued today, Relyco announced that MarketRx, a part of Cognizant and a leading provider of analytics and related software, chose Relyco as its vendor of choice for pressure seal forms. The quality of Relyco’s ULTRASEAL pressure seal forms helped MarketRx/Cognizant significantly improve the response rate of its market research surveys.
As part of the comprehensive market research services it provides to pharmaceutical and biotechnology clients, MarketRx/Cognizant conducts periodic physician surveys. The survey process begins with a written invitation sent to physicians at their offices or home addresses. When survey response rates began to decline, the team at MarketRx/Cognizant grew concerned that the quality of the invitations sent to physicians was preventing them from considering participating in the surveys.
The team researched a number of alternative vendors, and discovered Relyco. “The pressure seal forms Relyco provided for our invitations were high quality forms, and surprisingly, were even more cost effective,” said Keiron Guischard, senior analyst at MarketRx/Cognizant. “When we distributed invitations using the Relyco forms, our response rate returned to expected levels and we were able to realize a greater return on investment.”
Today, MarketRx/Cognizant also uses Relyco stock laser checks as part of the same initiative. In this case, the company turned to Relyco when the checks provided by their existing vendor became cost prohibitive. “Relyco worked with us to design checks and printed them to our exact specifications,” stated Guischard. “The new design and check quality were superior to our previous solution and the pricing from Relyco was excellent.”
To view the entire customer story, click here.
Talk to Relyco today about how you can get started with an affordable pressure seal system that can streamline your operations. Learn more in our Pressure Seal Expertise Center, call us 1-800-777-7359 or Email us.
What’s the Difference Between Offset Printing and Digital Printing?
Last Updated on Thursday, 24 March 2011 08:28 Written by firstname.lastname@example.org Thursday, 24 March 2011 08:28
In continuing with our discussion from Tuesday about Digital or Offset Printing, here is another article that does a great job of explaining the difference between them. It’s information like this that will help you make the right choice for your next print job.
When a desktop publisher is ready to have a job printed, he or she has a choice to make. Should the job be produced using offset printing, or digital on-demand printing? It all depends on the job; each printing method has its place.
Offset printing involves a fairly complicated process whereby plates are created, which are used to transfer an image onto a rubber blanket and then onto paper. A few years ago the quality of a good offset print job was superior to that of a digitally printed piece. That gap has narrowed considerably in recent years, although offset printing is still a better way of ensuring accurate reproduction of Pantone spot colors. Offset printing also enjoys an advantage over digital on-demand printing for large runs. The downside is that initial setup costs mean printing a single document (or a dozen) is as expensive as printing 500 or 1,000. In offset printing, as the number of pieces printed goes up, the per-unit cost per printed piece goes down.
Digital on-demand printing encompasses a variety of technologies that bypass the plate making process used in offset printing. Digital printing options range from toner based laser printers to large machines that use liquid inks. The economy of scale does not really apply to digital printing, which makes it great for low volume jobs. Since there are no plates and usually no set up fees, a small run is relatively inexpensive using digital printing compared to offset printing. The flip side of this is that, as volume increases, there is a cutoff point at which it begins to make more sense to run the job on an offset press. That cutoff point varies depending on the job and the printer.
Another advantage of digital printing is that it can be used to individualize print pieces; for example different addresses or names can be printed on each piece, something that cannot be done using an offset press.
Timing is also a factor. Digital printing means quick turnaround time; depending on the job, a printed piece can be ready for delivery in just a few hours. Offset printing, on the other hand, is not as quick. Set up takes time, and when the job is done, it has to dry properly before it can be folded, cut and handled. It usually takes several days for a job to be completed.
Relyco has many unique fully laser compatible substrates (paper); including carbonless laser forms, waterproof synthetic papers, pressure seal form solutions, laser checks, ID cards, labels, and much more; that will help you get more out of your laser and digital printers and copiers – saving you significant time and money. To learn more about Relyco and our products, visit the Relyco website, call 1-800-777-7359, or Email us.