MPAY's Time And Labor Systems Set New Employee Record

MPAY releases quarterly web product data with positive growth results

News provided by

Oct 30, 2013, 10:00 ET

ROANOKE, Va., Oct. 30, 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 third quarter of 2013.

(Logo: http://photos.prnewswire.com/prnh/20131030/CL06593LOGO )

MPAY's web-based time and labor offerings closed the third quarter with a 28.75 percent increase in active companies from third quarter 2012 and an increase of 20.36 percent in active employees on the system. These growths top all records for MPAY's time and labor systems' history. In similar progression, MPAY's web‐based payroll product, Payentry.com, ended the third quarter with an 11.62 percent increase in processed checks from third quarter 2012 and a 12.79 percent increase in active companies. Over six and a half million checks were processed in Payentry.com in third quarter 2013.

Payentry.com™ Growth Summary	3^rd Qtr 2012	3^rd Qtr 2013
Processed Checks	5,845,107	6,524,520
Companies (Average)	24,135	27,221


Time & Labor Growth Summary	3^rd Qtr 2012	3^rd Qtr 2013
Companies (Average)	560	721
Active Employees (Average)	39,322	47,326

As stated by David Fried, Owner of TriCore, in regards to MPAY's time and labor management systems, "We have been using Clockentry for over six months now, and the response from our clients has been nothing short of spectacular. We have sold more Clockentry in the last six months than the last two years combined of clock sales. Having a product that is integrated with Payentry has made the difference, and our clients love the toggle feature."

About MPAY Inc.
MPAY Inc. was established in Massachusetts in 1995 as a payroll software company and now offers human capital management software solutions. Over 56,000 employers across the U.S. have joined the MPAY Community and now utilize MPAY's products to manage their employees or "human capital" – from acquiring talent to retiring. MPAY's 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 ranked on the Inc. 5000 List of America's Fastest Growing Private Companies for the last seven 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.