How many of you have childhood memories of your search for the lucky pot of gold at the end of the rainbow? Maybe our lucky pot of gold is not so far out of reach. What if we found a pot filled with resources that made our working processes more efficient, creating extra time and saving money!
As a Telpay user, we want to fill your “pot of gold” with helpful payment resources that will eliminate time-consuming and expensive payment processing. Register for a payables webinar to learn how Telpay’s electronic payments can help streamline your payables process. Our payables training webinars discuss topics such as funding timelines, collecting banking information and importing your payments from your accounting software.
We can all relate to those tasks on our desk that we have procrastinated getting started on. They sit on our desk like an ugly paperweight that’s the size of a large rock….maybe boulder. I hate to state the obvious but, it is easier to start a good habit than it is to break a bad one. In other words, it is easier to never have the paper weight tasks sitting on your desk than it is to remove these tasks. The trick is making the good habits easy to start.
When it comes to electronic payments, there are several habits that are so easy; you’ll wonder why you didn’t start them yesterday.
Take advantage of supplier discounts
Supplier discounts are always a nice incentive to pay your invoices early. But if you’re sending a cheque in the mail, how can you predict if your payment will arrive before the discount deadline? Schedule your electronic payments on a specific date to guarantee you will receive those supplier discounts.
Did you know that Telpay’s support page is updated on a daily basis with questions and feedback that we hear from our customers? We are continually adding new FAQ’s, videos, and instruction manuals based on the questions and feedback that our partners and clients share with our customers care team.
Here are the top 5 questions asked by our customers in 2015.
1. Does Telpay integrate with QuickBooks Online?
2. Can I make a USD payment to one of my suppliers?
As we find ourselves moving towards the end of 2015, there are dozens of tasks that need to be completed before year end.
Here are a few ways that Telpay can help you scratch off items from your year-end checklist:
Did you know that your frequency to remit source deductions may change in the New Year, based on the dollar value of your payroll from the previous year? You can view the CRA remittance thresholds and their due dates on the CRA website.
Employee Bonus Pay Outs
Send your employee bonuses electronically this year. Follow our step by step instruction manual and make a convenient bonus deposit to your employees using our funds transfer feature.
Make your holiday donations with Telpay’s electronic payables feature. Follow these steps to learn how you can set up and pay a charity electronically (and even receive a donation receipt) this holiday season.
Review your suppliers banking information
How many suppliers have you sent electronic payments to this year? It’s a good idea to plan ahead using our “notify your supplier” form to collect banking information for any new suppliers you plan to pay in 2016.
Make sure your account information is up to date
It is important that all your Telpay account information is up to date in the Telpay software. Up to date information makes sure that you receive our service emails, invoices, and important product information. We have summarized all the information that should be up to date, here.
Are you considering making more electronic payments in 2016? Resolve to make all your payments electronically in the new year. Learn about the types of payments you can make with Telpay by joining a training webinar. Telpay’s training webinars cover a variety of payment topics, such as: processing bill payments, government remittances including GST/HST, Workers Compensation, payroll and payroll deductions, collection of rents, international payments and payments from Canadian US$ Bank accounts. Register for a webinar, today!
Happy New Year! Wishing you a joyful, healthy and prosperous 2016!
The holiday season is approaching and it’s never too early start preparing for the holidays. If you are anything like me, you make a plan to start your gift shopping early, but that plan slips away as the holidays grow closer. There are a lot of things to plan for over the holiday season and it can be hard to prepare for them all.
Here are a few tips to help you start preparing your payroll and payables for the upcoming holiday season and non-processing days:
- Confirm your funding deadline dates using our Holiday Funding Schedule. Find the date that your payroll or payables are due and check the chart for your adjusted funding cutoff date.
- Take advantage of Telpay’s remote email approval which will allow your signing officer(s) to approve payroll and bill payment files while on holidays or out of the office.
- Make your holiday donations with Telpay’s electronic payables feature. Register for a payables webinar and learn how you can set up and pay a charity electronically this holiday season.
There is still hope for starting your holiday shopping early. Not only do we want to help you get an early start with your electronic payments, we also want to help you get started with your electronic online shopping. Join one of our bill payment training webinars and get a kick start to your holiday shopping with a $50 Amazon gift card*!
*Payables Webinar attendees who participate in the Q&A portion of the webinar will be entered for a chance to win a $50 Amazon Gift Card.
PLEASE NOTE THAT ALL WEBINARS ARE SCHEDULED IN CENTRAL TIME. Please adjust the webinar start times according to your time zone.