Multi-Unit Franchisee Magazine Issue II, 2013 | Page 16

WEX rapid! PayCard

We see paying
employees

DIFFERENTLY.
WITH THE WEX RAPID! PAYCARD
rapid! PayCard ® Visa ® Payroll Card – the free alternative to paying employees which eliminates
paper paycheck distribution. Our epayroll debit card program is a proven winner for
franchisees and their employees across the country.
With the WEX rapid! PayCard, Franchisees Nationwide are…
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•
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Reducing costs
Eliminating paper paychecks and paystubs through epayroll
Improving efficiencies
Saving employees time and money
Allowing managers to focus on operations & not pay distribution

Case Study: Quick Service Restaurant

WENDY’S FRANCHISE SAVES $50,000, ACHIEVES 100% E-PAY
WITH WEX RAPID! PAYCARD.
Overview
With 65% of its employees lacking bank accounts, Western Restaurants needed a flexible way
to deliver pay while reducing costs. With 52 Wendy’s franchise locations across Kentucky,
Illinois, Tennessee and Virginia, they employ roughly 1,650 workers.
The Problem & Goal
• Western Restaurants had always relied on paper checks for pay delivery.
• With 43,000 checks, paper had become time-consuming and expensive.
• Annual $148,000 payroll costs kept spiraling higher
• Location managers were distracted by manual distribution of paychecks
• Only 35% of Western Restaurants’ employees had bank accounts
As part of a company-wide effort to go paperless, Human Resources Manager Carla Cooper
decided to investigate electronic-payroll solutions that could replace paper checks.