Table of Contents

PAYROLL ANALYSIS & PROCESSING | BILLING INTEGRATION |
PORTFOLIO MANAGEMENT | ACCOUNTING SERVICES |
FINANCIAL SOLUTIONS | COMPLIANCE SPECIALISTS |
STAFFING & RECRUITING SOFTWARE | BUSINESS PERFORMANCE TOOLS
October 2015
Table of Contents
Coming Soon:
Same-Day ACH
Industry Insider
October Webinar
Best Practices for
Employee Onboarding
New! Meet The Expert
Mary Jo Heim: Tricom’s
“Human Calculator”
Coming Soon: Same-Day ACH
For businesses and consumers, the
Automated Clearing House (ACH) Service
has been gaining in popularity as a means
of transferring money electronically. It’s
relatively quick and easy, without the
expense associated with wire transfers.
Typically ACH transfers have a 48-hour
settlement timeframe, and many settle
within 24 hours. In order to move money even faster within the ACH network, NACHA,
the Electronic Payments Association, has made a same-day ACH proposal that outlines
the rules governing same-day ACH practices.
At the end of September, the Federal Reserve Banks announced that the Federal
Board had reviewed the same-day ACH practices proposed by NACHA, and was in
support of the proposal. While the Federal Reserve already offered FedACH SameDay
Service, NACHA’s proposal differed from the current offerings in two significant ways:
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October Industry
Insider Webinar:
Best Practices for
Employee Onboarding
Date: Thursday, October 29,
2 pm EDT / 1 pm CDT
Duration: 1 hour
Cost: COMPLIMENTARY
Register now! »
1. All financial institutions who offer ACH must offer same-day ACH service.
2. There would be a fee for same-day ACH services.
The Federal Reserve Board agreed that these two points were important to the
success of the program. But what does this mean for businesses that use ACH for
payments and money transfers?
CLICK HERE TO READ MORE ABOUT THE UPCOMING SAME-DAY ACH CHANGES
AND WHAT IT COULD MEAN FOR YOUR BUSINESS.
October’s Industry Insider Webinar: Best Practices for
Employee Onboarding
Thursday, October 29,
2 pm EDT / 1 pm CDT
Register now! »
Temporary employees tend to have a higher frequency of injury or illness. For that
reason, in the staffing industry employee onboarding is the first and most critical
aspect of a successful safety program. Join Tricom and Assurance Agency for the
October edition of our Industry Insider webinar series as Lauren discusses the steps
staffing firms can take during the employee onboarding process to minimize risk and
ensure the safety of their employees while working for a host employer. This session
will cover:
•
The importance of quality employee onboarding
•
Best practices for the application process
•
Potential screening options
•
Training requirements for staffing companies
By the end of this session, you’ll know the best practices staffing firms can implement
to help ensure the safety of their employees.
VISIT WWW.TRICOM.COM/WEBINAR FOR MORE INFORMATION.
Meet the Expert
Mary Jo Heim: Tricom’s
“Human Calculator.”
From her first job pricing flash cubes (remember
those?) at the Treasure Island retail store her father
managed, Mary Jo Heim has an early professional
history of working with numbers. She earned a
Bachelor of Business Administration - Accounting
degree at the University of Wisconsin - Milwaukee
and joined the Tricom team in 1996. Mary Jo is a
Certified Public Accountant and a Certified
Payroll Professional. She is also an active member
of the American Institute of Certified Public
Accountants and the Wisconsin Institute of
Certified Public Accountants.
As Tricom’s Director of Accounting and CFO, Mary Jo likes being able to use her
knowledge and experience to assist others and help them successfully grow their
businesses. She readily makes herself available to Tricom clients who have accounting
questions. “Mary Jo will actually bring new things to light that I haven’t even thought
about.... She answers my questions and then says, ‘BUT, don’t forget THIS, and think
about THAT.’ And that’s not common,” says Alex Fernandez, CEO, Staffing Specific
and Tricom client.
CLICK HERE TO READ MORE ABOUT MARY JO’S FINANCIAL TOOLS AND HOW
THEY’VE HELPED TRICOM CLIENTS.
Events:
October 27-29 — ASA Staffing
World. Gaylord Opryland Resort
& Convention Center, Nashville,
TN. www.americanstaffing.net
November 12–14 — TechServe
Alliance 2015. La Quinta Resort
& Club – Waldorf Astoria, Palm
Springs, CA.
www.techserveconference.org.
New On Tricom.com:
The September Industry Insider
Webinar presentation is now
online. To a staffing firm, timely
receivable payments are the
lifeblood that provides the
strength and energy needed
to fuel operational cash flow.
Non-payment from a client can
quickly diminish cash flow and
drain the necessary resources
your firm needs to effectively
operate. Join Tricom and Wilson
Cole, our guest speaker from
Adams, Evens & Ross, as Wilson
walks you through the 7 deadly
collection mistakes, how to
avoid these mistakes, and how
to protect your receivable assets.
View the presentation
by clicking here.
October Fun Fact:
The largest pumpkin ever grown
in North America was presented
at this year’s Cedarburg Wine &
Harvest Festival in Cedarburg,
WI. Weighing in at 2,145 pounds,
the pumpkin was grown by
Gene McMullen of Streator,
Illinois, who grows pumpkins as
a hobby. It’s the largest pumpkin
in North America grown
outside a greenhouse and the
second largest pumpkin ever
grown worldwide. The biggest
pumpkin in the world, according
to the Guinness Book of World
Records, weighed 2,323 pounds
and was grown in Switzerland
in 2014.
Photo credit: Courtesy of the Festivals of
Cedarburg Facebook page.