
Why B2E?
You may be wondering, "Why should I select B2E?" There are some very simple answers to this question and unique differentiators for B2E including:
- B2E is an alternative financial service that is mobile. Quite simply put, we come to you. Who else offers this option?
- The financial ROI for B2E services versus those of a traditional third-party payroll company is much greater with B2E. With B2E, we help you contribute more savings to the bottom line.
- We offer services that are needed by many groups, including employers and employees, and will be utilized. We have a large repertoire of accounts that are all repeat customers with a satisfaction rate of 100%.
- There are no risks when selecting B2E. You aren't paying any money out-of-pocket, and we are bonded and insured. We'll even sign a hold harmless agreement. So...what do you have to lose?
- We offer free trials. Not sure how all this works or have questions and concerns? We are more than happy to take you to a customer site to see the steps in progress live, or we will bring the service to your site on a trial basis for no charge.
- B2E is a proven leader with a reputable customer list and vision. We are also specialists in the quickly growing markets of those that are unbanked and self banked and in the Hispanic labor community.
In addition, listed below is a summary of the pains that B2E address for employers and employees.
| EMPLOYER PAINS | B2E SOLUTION |
|---|---|
| I want a better Return on Investment (ROI) for the money and time I spend on payroll-related services. | We estimate that a company with 100 employees and a weekly payroll cycle will save $18,000 per year by choosing B2E instead of a traditional third-party payroll provider such as ADP. |
| I can't set up payroll direct deposits for all of my employees as some do not have bank accounts. | B2E will issue payroll checks for these unbanked employees, bring them to your business, and cash them on the spot. |
| I am short on payroll and HR staff and often have to stay late to get the job done. I'd rather focus on other priorities. | Let B2E carry some or all of this load and make your life easier. You report to us the employee hours and we will issue and deliver the checks, pay taxes, and handle all of the bookkeeping. |
| I pay $2-$3 per employee per payroll cycle with a third-party payroll provider and it's impacting the company's profit margin. | B2E offers its payroll and check delivery services for a much lower cost, and for no charge for companies meeting certain minimums. |
| Once again, FedEx (or UPS, DHL, etc.) didn't arrive on time with my paychecks from the third-party payroll company and I was unable to pay my employees on payday. | B2E is reliable and issues and delivers checks locally, meaning you're never dependent on third-party delivery services and you don't pay shipping charges. |
| My third-party payroll provider requires I submit my employee hours 72-96 hours (3-4 days) in advance of payday. I need more time. | B2E can prepare your payroll with only 48 hours notice. |
| It's difficult to maintain loyalty and retention among key employees and to recruit new employees. | B2E payroll and check cashing services gives you a competitive edge and allows you to offer a perk to employees with little to no effort, meaning you attract and keep the very best of the labor force. |
| Our company is located in one state, but we have remote employees working a few states away where the corporate bank is not present. They have difficulty cashing their checks. | B2E will go to the remote site and issue and cash the checks for your employees, ensuring they are paid on time and receive cash – safe and hassle-free. |
| On payday, my employees leave the worksite to cash their paychecks...and some decide not to come back to work that day or come back impaired. | B2E comes to your business and cashes paychecks on your premises. Employees stay productive on site. |
| I have a large Hispanic workforce, and my employees and I need advice and counsel on tax id services, work permits, and residency inquiries from my employees. | B2E has a Latino division and a team of specialists available to assist you – in Spanish or English – at no charge. |
| I'm not up to date on current technology or trends and want to make sure I stay apprised of the market and act proactively instead of reactively. | Trends show the unbanked workforce is at an all-time high and that the Hispanic workforce is growing at a substantial rate. It's important that employers pay attention and proactively embrace services that focus on these demographic groups so they continue to be leaders in their fields and don't get left behind. |
| EMPLOYEE PAINS | B2E SOLUTION |
|---|---|
| I don't have transportation to and from the bank. | With B2E, no transportation is required. We come to you. |
| My schedule is tight, my lunch break is only a few minutes. I don't have time to drive to a bank, wait in line, and return to work before my shift resumes. | B2E allows employees to stay on site and enjoy their lunch break. The bank comes to you and you have cash within minutes. |
| I'm paying 3-10% in fees with check cashing services each week to cash my paycheck. | With B2E, you only pay 2%. We are the most economical choice for the unbanked and self banked. |
| I can't open or keep a traditional banking account because the minimums for free checking are outside my reach. Or, I don't have the required documentation. | There are no minimums required to use B2E check cashing services, and we only require one form of ID. |
| The bank is closed when I get my paycheck. | Employers can schedule B2E to come to your businesses premises at any time on any day. We cash the checks on the spot – even when traditional banks are closed. |
| I feel like I am a crime target because I often carry large amounts of cash, and criminals know crime on Hispanics is rarely reported. | Instead of cashing your check, B2E can issue a pre-paid debit card to you. This is a much safer alternative. |
| I want to work as much as possible, but right now I have to clock out for 30 minutes to go and cash my check. | With B2E at your site, you can cash your check and be back on the clock within 5 minutes. |
| I prefer to be paid in cash – it's quicker and easier and saves me from having to cash or deposit my check. | For those who want their payroll in cash, B2E will pre-cash their checks before arrival on site and have the cash and the payroll stub awaiting the employee. |
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