What is OnPay?
OnPay is an easy-to-use yet comprehensive payroll software that provides scalable solutions for small and medium-sized businesses. This cloud-based service streamlines payroll processes and automates tax filing and payment workflows. Entering payroll information such as hours, tips, reimbursements, and bonuses are done seamlessly. It also incorporates other responsibilities including benefits (health insurance and 401(k) retirement) and compensation insurance for pay-as-you-go workers.
It’s one of the most affordable and cost-effective solutions in the niche as it takes care of unlimited payroll runs for W-2 employees and 1099 contract workers monthly. It offers payroll through check or direct deposit. However, direct deposit is not available for all employers. Only those who apply for the feature and pass the risk assessment conducted by OnPay can use it.
Handling payroll taxes is also optimized by the software as it calculates your state and federal payroll taxes. They do the withholding, tax payments, and filing of tax forms. OnPay abides by its accuracy guarantees which means they will take responsibilities if there are any errors in the tax filing.
OnPay delivers in terms of effectiveness and value for money.
Overview of OnPay benefits
Proper payroll management is fundamental in keeping a business going. It’s a crucial business aspect that requires special attention due to the particular legal processes involved. OnPay can help you in confidently dealing with such matters as it offers a wide array of features and tools with valuable benefits for your payroll processes. Here are the details:
Efficient employee management
Online Access and Employee Self On-boarding enable your employees to enter their own personal data, make changes, and retrieve their own paystubs and tax forms. This saves your time so you can focus on your high-level tasks. If you have new hires, the software provides a checklist and notifies you of reporting needs and documentary requirements for the government.
Employees have Lifetime Accounts which means even if they’re no longer working for you, they can still access their pay stubs and W-2 forms online. It caters to a wide range of employee types including contractors, salaried employees, hourly workers, tipped workers, and agricultural workers. Handling special tax filings for nonprofits and clergies are also covered. Furthermore, it streamlines paying wages through various methods such as direct deposit, pre-paid debit cards, and checks.