TravPay® - Workers Compensation Pay-as-You-Go Billing Solution
TravPay – workers compensation pay-as-you-go billing solution
TravPay is a pay-as-you-go solution for your business to link your payroll directly to your workers compensation premiums, eliminating the guesswork of trying to estimate annual payrolls. It allows for real-time workers compensation premium calculations based on your reported payrolls and requires no down payment, which can help improve cash flow for your business. TravPay is a free billing option for many providers. To automate payroll reporting with Premier Payroll Connections partners, customers will have the option to enroll with a third party for a $240 annual fee.
Why TravPay?
Benefits to businesses include:
- No down payment
- Real-time workers compensation premium calculations
- Improved cash flow for businesses
- Automatic premium deductions