Most customers say Paychex is easier to use than their previous payroll provider. Simple software to manage HR, payroll & benefits. Setup is a snap. Get started with Paychex!
We simplify complex tasks to give you time back and help you feel like an expert. Just a few clicks, and payroll is done. You can even set payroll to run automatically. No Hidden Fees.
Dealing with payroll for your business can be a HUGE headache.
It can be riddled with errors and paperwork, and it just takes up too much of your precious time.
If you’re not careful, then payroll can kill your business and send you into a downward spiral that never seems to end.
Wouldn’t it be better to have a fully automated software solution for processing payroll, saving you money on expensive expert advice, weeks of data entry, and countless hours of wasted time on the old fashioned way of doing things?
It can be riddled with errors and paperwork, and it just takes up too much of your precious time.
If you’re not careful, then payroll can kill your business and send you into a downward spiral that never seems to end.
Wouldn’t it be better to have a fully automated software solution for processing payroll, saving you money on expensive expert advice, weeks of data entry, and countless hours of wasted time on the old fashioned way of doing things?
If you’re looking for payroll software that’s going to help your business run more like a finely tuned machine, then PAYCHEX Payroll Software might just be your most loved new flavour of ice cream. In the last while it’s been becoming super popular, and it just may be the solution that you’ve been after for your own business needs.
PAYCHEX’s slick time-saving tools can make things far easier for you.
This includes such things as employee benefits, time & attendance, hiring and on-boarding, talent management, reporting insights, and of course doing payroll.
We want to get you ‘in the know’ with this PAYCHEX full-service payroll review.
Let’s get to it!
Naturally, online payroll processing is the feature that Paychex is best known for.
Online payroll processing is the main feature of Paychex Flex. It manages payroll processing, including contract workers, for both hourly and salaried workers. It works with handling payments via pay cards, paychecks, and direct deposits. However, paychecks generated by signing and stuffing professionals are only available in the company’s higher levels.
Paychex Flex provides you the option of selecting from three different pay entry methods, including a grid view for simple data input. You may also change earnings and deductions, and the program will calculate the required amounts. Automatic wage garnishments are also deducted and sent to the correct departments.
On top of that, they also offer a convenient mobile app which let’s you take care of payroll
on the ‘fly’.
Paychex Flex can handle federal, state, and local payroll taxes.Payroll tax administration services provide detailed tax calculation, form filing and payment capabilities. Some of these services, on the other hand, may have additional fees attached.
Paychex offers tax compliance assistance to ensure that you’re up to date and compliant with the most recent laws and rulings. It can even help you discover tax benefits that your company may qualify for.
Employee timekeeping is handled by Paychex Flex Time, which is a paid add-on that includes clock-ins/outs, staff scheduling, and PTO tracking.
It also has a mobile app, Paychex Time, through which employees can clock-in/out, switch jobs or assignments, and request PTO. For those tracking the hours worked by field staff, its geolocation feature can help you check the location of employees who are clocking in.
Additionally, its geofencing capabilities allow you to set up virtual perimeters around designated areas where your staff are allowed to punch in.
The HR functionality of Paychex Flex includes a digital library of HR and business forms that you may utilize. If you need to conduct background checks on suitable individuals who meet your selection criteria, the Paychex Flex Pro plan has a restricted number of background checks.
You’ll gain access to a slew of new hire reporting tools, as well as on-boarding resources that allow your new employees to submit required paperwork online, such as direct deposit and tax documents.
Document management is a big plus with Paychex’s platform, which also allows users to store paperwork like company rules and forms. And if you subscribe to Paychex Flex’s top level, you get an online employee handbook builder that allows you to create Microsoft Word or PDF files for simple distribution.
So far we’ve covered a lot of ground in this Paychex Payroll Software review.
That said, we felt it might be helpful to include a section which includes some additional info,
PLUS provide an *In-Short* brief to round-up the business types that Paychex is best suited for.
Businesses with workers spread across several States – Paychex Flex allows you to manage payroll, tax reporting, and compliance in several regions. It also provides health insurance and other perks in all 50 states.
Startups that aim to develop quickly – There are various options and features available to businesses through Paychex Flex that can help them grow.
Paychex Solo is a good initial fit for solopreneurs, and after they have some operations under their belt, they can upgrade to Paychex Flex’s starter plan, which includes full-service payroll, new hire reporting, and tax administration.
If their company grows, Paychex Flex has more advanced tiers that include additional HR solutions and assistance such as new hire onboarding, background checking, learning management, and access to a specialized payroll assistant.
Companies with a history of workplace accidents and job cuts – Many small companies, especially construction and manufacturing firms, struggle with worker’s compensation.
Workers’ compensation is one of the insurance plans available through Paychex Flex (for an additional fee). It also offers state unemployment insurance (SUI) services, including regular monitoring of SUI rules, which you may get by signing up for its top level.
Merchants and restaurants that pay for labor on a per-hour basis – Because its system is strong enough to handle the payroll requirements of restaurants (such as tip reporting and several pay rates), it’s a favorite among restaurants and retail outlets.
Also, if you get its time and attendance add-on, you may keep track of the real hours worked by hourly staff and pay them using its time data.
Professional Employer Organizations – Paychex PEO (unmentioned previously) relieves you of the burden of administrative and payroll activities by managing them for you. It also uses Paychex Flex to handle workers’ compensation, onboarding new recruits, and other HR activities.
Paychex has been an Industry leader starting with 1971, and they’ve been pioneers in the forefront of developing Online Payroll systems for the digital world we now find ourselves in.
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