Paychex Flex
3 Reviews 5/5 ★ ★ ★ ★ ★An online payroll software with flexible processing, automated tax administration, and employee self-service.
Product Overview
Paychex Flex is an online payroll software with an integrated solution for payroll, benefits administration, workforce management, and HR services. The software provides built-in safeguards, payroll tax calculations, a free mobile app, and reporting.Pros
- Integrations of multiple HR functions, including payroll and benefits administration
- Compliance support with up-to-date labor law posters
- Mobile app access for employers and employees
Cons
- Must request a developer quote to get pricing details
- Time-consuming setup process
- Occasional glitches
Target Market
Small to medium-sized businesses with 10-500 employees that require a full-service payroll solution with solid HR support.Video Overview
Features
- Payroll Processing: Automated payroll calculations, direct deposits, and tax filings. The system can also support multi-state payroll and garnishment payment services.
- Employee Self-Service: This allows employees to access a self-service portal where they can view their pay stubs, track time and attendance, and request time off.
- Time Tracking: This feature enables employees to clock in and out using a biometric device, mobile app, or web-based punch clock. The system automatically calculates hours worked and overtime and handles complex pay rules.
- Custom Reporting: Provides various customizable reports for payroll, benefits administration, taxes, and more.
- Tax Compliance: Automates tax calculations and ensures accurate deductions for state, federal, and local laws.
- HR Functionalities: Offers several functionalities, including payroll, applicant tracking systems, employee onboarding tools, new hire reporting, and performance management modules.
Product Overview
Developer Overview
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User Reviews of Paychex Flex
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Paychex Flex Review
There was a lot of paperwork, worrying about the tax codes, a lot of office hours involved taking up a lot of my time. Now with Paychex, one day a week, 10 to 15 minute call…Paychex definitely helps us manage our cashflow.
That's when my accountant said 'Paychex is somebody that we recommend
Prior to using Paychex, we worked in house. I skated by just doing whatever I thought was the right thing to do. Then my accountant caught up with me one day and said, ‘that’s not a legal situation.’ That’s when I lost sleep, because that’s when I had a hit that came out of my pocket. That impacted me for seven to 10 months. And that’s when my accountant said 'Paychex is somebody that we recommend.
Makes my life a lot easier
What we learned in a discovery process with Paychex was all the different services that were available. That was music to my ears as a new CFO….From an efficiency standpoint, knowing we could have our 401(k) under your program, having the management and compliance done with one party obviously makes my life a lot easier.
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