How to Start The Payroll Factoring Process

You’ve completed a TemPay application for temporary payroll factoring and are ready to proceed with your partnership with TemPay. Now what?

Here are the 4 steps to get your company ready for your initial payroll funding:

  1. TemPay’s payroll department will advise you on our process and procedures and how to send your payroll to TemPay.
  2. You will provide employee names, Social Security numbers and other payroll information that will ensure temporary employee payroll is accurate. As new employees are hired or leave the company, you can update TemPay.
  3. You provide TemPay with a spreadsheet listing all temp agency accounts receivable invoices we will be factoring along with copies of the invoices and timesheets.
  4. Once the initial payroll is completed, TemPay’s payroll department seamlessly funds your payroll!

Ready to learn more about TemPay and what we can do for you? Apply now or contact us online or by phone at (866) 6TemPay for more information about payroll factoring.