Roobik Galoosian of the Pacific Way states, “There is a new solution to this old problem for small businesses – a pay-as-you-go premium payment service for those small businesses that have a Hartford workers compensation policy and use Intuit® QuickBooks®.” This new service is named XactPAY Web®. It’s a payroll-based premium calculation and billing service offered through Hartford agents that allows small business owners to take care of workers’ compensation premium payment on a pay-as-they-go basis, one pay period at a time.

Roobik adds, “QuickBooks dominates the “do-it-yourself” payroll management software market with over 3 million small business customers.” Of these 3 million, 1 million utilize QuickBooks to manage their payroll. The Hartford is the first insurance carrier to offer a pay-as-you-go workers’ compensation premium payment services for QuickBooks’ customers.

XactPAY Web integrates fully with a business’ Intuit QuickBooks Payroll software and automatically calculates the premiums for Hartford-issued workers’ compensation policies each time payroll is run using QuickBooks Payroll. This new system helps improve the business’ cash flow by eliminating the need for large down payments and minimizing the potential for year-end audit adjustments. Traditional billing methods have crimped cash flow by requiring employers to pay all or part of the year’s workers’ compensation premiums in advance, potentially tying up thousands of dollars at the beginning of each year.

Roobik adds, “This free solution can help small businesses where it matters most – keeping more cash in hand.”

To learn more about XactPAY Web and Intuit payroll, visit www.qbpayroll.com/xactpay or call Pacific Way.

QuickBooks® is a registered trademark and service mark of Intuit Inc. in the United States and other countries, and is displayed herein with permission. XactPAY Web® is a special edition for QuickBooks users with (1) a 2007 or newer version of any PC Desktop version of QuickBooks, and (2) a subscription for Intuit QuickBooks Basic, Standard, Enhanced or Assisted Payroll (XactPAY Web is not available to QuickBooks Online Payroll subscribers). Intuit Inc. receives a royalty fee from The Hartford in connection with The Hartford’s use of the Intuit name, marks and other property, which are used for purposes of marketing the XactPAY Web service. The purchase of a Hartford Workers’ Compensation policy is necessary to utilize the XactPAY Web service. All insurance policies offered by The Hartford are sold through licensed insurance producers or agents appointed by The Hartford.