Ray & Co. Business Services, Inc.

 

Helping Small Businesses & Individuals Since 1990   

 

Certified QuickBooks Advanced ProAdvisor

"XactPAY" Workers' Comp. Insurance

Wouldn't it be terrific if you could pay your Workers' Compensation insurance premiums "one payroll at a time"?

You can! ... with our payroll service, and "XactPAY" (in conjunction with The Hartford)



What is "XactPAY"?

"XactPAY" is The Hartford's integrated payment service that offers a unique and hassle-free approach to paying for Workers' Compensation insurance.  Rather than paying for insurance up to a year in advance and tying up vital cash, premiums are paid throughout the year ... one payroll period at a time.


With "XactPAY" You Can:

  • Eliminate large down payments
  • Eliminate finance and billing fees
  • Eliminate late fees
  • Eliminate the need to write checks
  • Potential to minimize payroll audit adjustments
  • Allow for better cash flow management

How "XactPAY" Works:

  • You enroll in our payroll service
  • You apply for Workers' Compensation insurance coverage through The Hartford and (upon issuance of a Hartford Workers' Compensation insurance policy) enroll in The Hartford's "XactPAY" service (we assist you with this process)
  • We send your total and adjusted payroll information directly to The Hartford each payroll period
  • "XactPAY" then calculates your policy premium based on the payroll processed for that payroll period
  • The Hartford (at your option) notifies you of each expected withdrawal to be made from your bank account
  • The Hartford draws your premium from your account based on your actual payroll data for that payoll period

Contact us today to get started!