MPAY's Payentry.com™ Sets Check Processing Record In Fourth Quarter

MPAY releases quarterly web product data with positive growth results

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Jan 24, 2013, 10:00 ET

ROANOKE, Va., Jan. 24, 2013 /PRNewswire/ -- MPAY Inc., a nationwide leader in providing software and services to independent payroll providers and business service providers, reports continued growth with web payroll and timekeeping products for the final quarter of 2012.

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Payentry.com, MPAY's web-based payroll product, closed fourth quarter 2012 with a 12.67 percent increase in processed checks from fourth quarter 2011 and a 12.84 percent increase in active companies. Over six million checks were processed in Payentry.com in fourth quarter 2012, setting a record for the most checks processed in a quarter, in its history. MPAY's web-based time and attendance offerings closed the fourth quarter with a 29.94 percent increase in active companies from fourth quarter 2011 and an increase of 30.21 percent in active employees on the system.

Payentry.com™ Growth Summary	4^th Qtr 2011	4^th Qtr 2012	2012
Processed Checks	5,463,882	6,156,055	22,994,960
Companies (Average)	22,063	24,895	23,951

Time & Attendance Growth Summary	4^th Qtr 2011	4^th Qtr 2012	2012
Companies (Average)	471	612	571
Active Employees (Average)	32,620	42,476	39,181

"Congratulations and thanks to our licensees for their contributions to our products' growth success. We look forward to greater success in 2013 as we add more human capital management functionality to our payroll products, such as Clockentry," stated Geoffrey Duke, MPAY's CEO and President.

About MPAY Inc.
MPAY Inc. was established in 1995 and provides payroll software, labor management systems and benefit administration services to over fifty‐four thousand employers directly and through a national network of over 135 strategic partners. Strategic partners include some of the nation's leading payroll service bureaus, accounting firms, employee benefit brokers, financial institutions and human resource outsourcing (HRO) organizations. MPAY is a member of the American Payroll Association, Independent Payroll Providers Association, and The Payroll Group. MPAY has also ranked on the Inc. 5000 List of America's Fastest Growing Private Companies for the last six consecutive years. For more information, visit www.mpay.com.

To learn more about MPAY's products and services or to become a strategic partner, please visit www.mpay.com or contact us via email at [email protected] or phone at 781‐810‐9010.

SOURCE MPAY Inc.