Advantage Payroll Services Announces Alliance With Claritybank.com.Business Editors AUBURN, Maine--(BUSINESS WIRE)--July 17, 2000 New Alliance Makes Advantage Leading Payroll Solution at Claritybank.com's B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business Center Advantage Payroll Services, a leading nationwide payroll and tax services provider, today announced an alliance with Claritybank.com, a leading Internet bank providing financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. to businesses and consumers. Advantage is the payroll solution offered at Claritybank.com's Web site B2B center that features a range of business tools and resources for entrepreneurs, including payroll. The site provides today's growing number of Net-entrepreneurs and start-up businesses with a centralized source of valuable resources for building their companies. "Claritybank.com chose Advantage because of our commitment to technology and customer service," said Charles W. Lathrop, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Advantage Payroll Services. "We understand the needs of their entrepreneurial and technologically savvy customers," added Lathrop. "We are excited about working with Advantage because they are at the forefront of Internet-based payroll solutions," said David Arzi, CEO of Claritybank.com. "In designing our B2B Center, we sought out partners with established customer service records as well as leading edge technology. Advantage demonstrates this combination and we are confident our customers will find tremendous value in their services," said Arzi. Both companies believe that Claritybank.com's Web-savvy customers will find considerable value in Instant Payroll(R), Advantage's Web-based payroll application. Instant Payroll(R) is user-friendly, comprehensive, and is accessible from any personal computer with a Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. . It does not require additional software and features state-of-the-art security. Instant Payroll(R) includes a comprehensive User Reference Guide and qualified Customer Support Specialists to help with questions. Instant Payroll(R) satisfies all the payroll processing needs of users, such as the ability to set up new hires, make rate changes, establish voluntary deductions, and manage paid time off plans. Clients have an unlimited number of earnings and deduction fields, access to flexible labor distribution options, quick paycheck entry, client driven administration of pay codes and deductions, interactive report builder and the ability to manage 401(k) and other employee benefit programs. Processing occurs instantly and a complete payroll statement is available to clients online. Clients may view and print a wide variety of management reports online as well. About Advantage Payroll Services Based in Auburn, Maine Auburn is a city in and the county seat of Androscoggin CountyGR6, Maine, United States. It is one of two principal cities of and included in the Lewiston-Auburn, Maine Metropolitan New England City and Town Area and the Lewiston-Auburn, Maine , Advantage Payroll Services was founded in 1967, and is one of the top five payroll service providers in the US. It is the only national payroll company that offers direct deposit and tax filing at no additional charge. Advantage services 27,000 small and mid-sized business clients across the entire U.S. through 40 offices in 26 states. Advantage has the industry's highest Certified Payroll Professional (CPP cpp - C preprocessor. )-to-client ratio and enjoys a client satisfaction rate exceeding 98%. More information on Advantage Payroll Services can be found on the company's Web site, www.advantagepayroll.com. About Claritybank.com Claritybank.com is a leading Internet bank providing real-time, next-generation financial services to businesses and consumers. Founded by leading financial and technology professionals, Claritybank.com's mission is to deliver competitive banking and loan products through its website and national business lending offices, combined with best-of-breed customer service initiatives. Claritybank.com provides myriad services and features specifically tailored for emerging growth and New Economy business including equipment leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits
abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government loans and general business loans. Claritybank.com is a national bank and wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Purchase (NY)-based Clarity Holdings, Inc., a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. funded by leading financial and technology investors. Claritybank.com is a fully insured member of the FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). . More information on the bank can be found at www.claritybank.com. |
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