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Business Payroll Checks as Simple as M-B-E; CBS Payroll and Mail Boxes Etc. to Provide Local Payroll Fulfillment Services.


Business Editors & Technology Writers

FORT WORTH, Texas--(BUSINESS WIRE)--June 20, 2000

"Checks, please," will soon be the request from CBS (Cell Broadcast Service) See cell broadcast.  Payroll clients when they walk into their local Mail Boxes Etc. CBS Payroll, a national employer services company, today announced an agreement with Mail Boxes Etc. (MBE MBE (in Britain) Member of the Order of the British Empire

MBE n abbr (BRIT) (= Member of the Order of the British Empire) → título ceremonial

MBE n abbr (Brit) (=
) to provide on-demand printing See print on demand.  for employers' payroll checks.

Through the program slated for introduction in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay.  and Dallas/Fort Worth test markets this summer, CBS clients can avoid costly overnight delivery charges by having company payroll checks printed at local MBE locations for convenient pick up.

"This distribution agreement between CBS and MBE merges the advantages of clicks and bricks. CBS Payroll clients can now use the latest in Internet technology to process the payroll, but still have the convenience of a local outsourced payroll provider," said CBS Payroll President Micheal Sykes. "Business owners can now have all of the benefits and features of a national payroll provider without the expense of overnight delivery."

Upon providing payroll information by phone, fax, modem, or Internet to CBS, CBS Payroll customers can elect to have payroll checks printed at their local MBE location. The selected MBE center will receive an electronic notice indicating that checks and business reports are in the queue. An MBE associate will print customers' payroll reports and checks, using CBS check stock for payroll checks and direct deposit stubs stubs

The shares of equity in a firm that is financed almost completely with debt. Stubs are often created when firms go through a leveraged buyout or pay big cash dividends in order to fend off a takeover.
. Employers can pick up the confidential payroll package from an MBE center at their convenience.

This innovative service is possible because of CBS Payroll's technology and MBE's recent installation of a satellite-based, digital communications, and information processing system that creates a virtual private network linking the domestic franchise system with the MBE home office, its corporate customers, and its vendors. This technology infrastructure enables CBS and MBE to offer physical solutions to the virtual world of the Internet, bringing high-trust and high-touch to the world of high-tech.

About Mail Boxes Etc.

This year marks the 20th anniversary of Mail Boxes Etc., the world's largest retail business, communication, and postal services franchiser. MBE, a 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 U.S. Office Products Company (Nasdaq:OFIS OFIS Office of Financial and Insurance Services
OFIS Order for ION Service (Sprint) 
), has more than 4,100 locations operating worldwide, and master license agreements in nearly 70 countries around the world. In the United States, MBE centers are owned and operated by licensed franchisees of Mail Boxes Etc. USA, Inc. Outside the United States, MBE centers are owned and operated by MBE master licensees or their franchisees. MBE maintains a website at http://www.mbe.com.

About CBS Payroll

As the provider of payroll and employer services for more than 11,000 companies nationwide, CBS Payroll has been serving businesses since 1966. Headquartered in Fort Worth, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities. , CBS Payroll currently has sales offices in Phoenix, Ariz.; Los Alamitos, Los Angeles, Palm Desert, San Bernardino, and San Diego, Calif.; Denver, Colo.; Hartford, Conn.; Honolulu, Hawaii; Boston, Mass.; Austin, Dallas, Fort Worth, Houston, and San Antonio, Texas “San Antonio” redirects here. For other uses, see San Antonio (disambiguation).
San Antonio is the second most populous city in Texas, the third most populous metropolitan area in Texas, and is the seventh most populous city in the United States. As of the 2006 U.S.
; and Salt Lake City, Utah For ships of the United States Navy of the same name, see .
Salt Lake City is the capital and the most populous city of the U.S. state of Utah. The name of the city is often shortened to Salt Lake, or its initials, S.L.C.
, as well as a printing company, M & M Printing, in Pomona, Calif. More information about CBS Payroll, featuring their innovative CBS Net-Pay Internet payroll service, can be found on the company's website at http://www.cbspayroll.com, or by calling the company directly at 888/920-4227.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 20, 2000
Words:538
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