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A senior security director for a Fortune 500 company that processes payroll transactions worldwide and uses SecurID said his firm had experienced no adverse effects.
Paychex — which processes payroll for about 605,000 employees at their clients — reported small declines in jobs and wage growth in February.
The Banco Popular segment processes payroll loans and provides financial solutions to government entities.
"Acrede's cloud-based global platform processes payroll for employees in 30 countries with scalable technology and a talented team with deep global tax and compliance expertise," Karen Peacock, GM of employee management solutions in Intuit's Small Business Group, said in a written statement.
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PeopleSoft, whose software manages accounting, tracks inventory and processes payrolls, has offered clients money-back rebates if Oracle acquires the company and stops developing the products.
The Control Data Corporation, which processes payrolls for 20,000 companies, said 11,000 of those companies offer the service and 33percentt of their employees participate.
Still, no construction company is likely to forsake the technology that enables the electronic transmission of architectural plans and drawings, that enables work orders to be changed easily and quickly, that processes payrolls and estimates the number of workers and days needed on a project and that does away with layers of paperwork and administration.
It serves more than 100,000 employers and processes payroll-tax payments for more than 6 million employees.
But concerns over the possibility that the bank could fail was one factor prompting the ministry to seek other banks to process payroll, Western officials said.
At Starbucks, assistant managers often do some of what baristas do, but they also assign work shifts, help interview job applicants, recommend discipline, process payroll and participate in decisions to hire and fire.
"You can't be an insurance broker or process payroll without a social security number," Parker said.
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