Unrecognizable businessman using laptop with digital business interface. Technology and innovation concept. 3D Rendering
peshkova - stock.adobe.com
5 payroll-management providers to know
Payroll management tools aim to help human resources professionals with a number of compensation tasks, including calculating wages, managing budgets, paying employees and filing taxes. EBN editors have identified some of the market’s payroll-software providers and present them in alphabetical order.
Epay automates everything from payroll deductions to gross-to-net payroll calculations. Further, new hires are automatically set up for payroll using data collected during the employee onboarding process. Employees can access a self-service portal across all devices to view and manage payroll information in both English and Spanish.
HR Performance Solutions
The company’s Compease software creates reports for employers to strategize budget plans and employee merit increases. The software’s merit matrix assists HR managers in developing plans around company compensation policies and its budget.
InovaPayroll’s cloud-based payroll can be accessed by desktop, tablet or mobile. The software offers multiple pay options for employers to utilize, including paper checks, direct deposit with online access to pay detail and debit pay cards with ATM access.
Netchex gives employers flexible pay options including direct deposits, live checks and Mastercard debit cards. The software also provides quarterly online tax statements and W-2 previews, along with electronic IRS filing options.
Sentric’s platform handles everything related to payroll taxes for federal, state and local jurisdictions, including 940 and 941s. In addition, there are paycheck calculators that make gross-to-net and net-to-gross calculations when issuing off-cycle checks.
Under its proposed rules, most companies listed on Nasdaq’s U.S. exchange would have to include at least one director who identifies as female and one who identifies as an underrepresented minority or LGBTQ.