For payroll adjustments outside of the traditional ACH cycles, Skylight® offers
our internet based SkyPosit system to meet the special payroll distribution
The program is targeted to companies within the industries of Temporary Staffing,
Migrant Farm Worker Contractors, Trucking, Healthcare and others whose payroll
systems are constrained from utilizing traditional direct deposit (ACH electronic)
pay delivery systems due to ACH deadline requirements (daily payroll). Therefore,
paper check payroll programs are the norm and these companies "miss out"
on the cost savings and benefits of direct deposit payroll processing. The SkyPosit
payroll system enhancement will provide an effective, efficient, traceable and
manageable solution to companies with "non-traditional" payroll challenges
such as daily pay, weekly pay or payroll advances.
Skylight utilizes electronic files via the Internet for data transmission and
the ATM networks for disbursement of funds. The efficiencies of the ATM network
and electronic file exchange not only provide a more efficient payroll system
for the company, but also provide a benefit to the employees by eliminating
time needed to cash their checks.
SkyPosit enables employers to create a common central file that is "passed"
between the company and Skylight. The common central file will provide the company
the basis for reports and serve as a payroll management tool for the daily/weekly
pay employee population.
SkyPosit, utilizes an open source transaction processing system and readily available
software such as Outlook and Excel.