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Mobile App
OSHA Manuals
PEO Services
AI-Assisted Hiring
SOC 1 Type 2, SOC 2 Type 2
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What Is Paychex?
Paychex is a cloud-based human capital management (HCM) solution designed to automate payroll, benefits, and HR of businesses of all sizes. The platform handles payroll processing, tax calculations, and compliance management while offering tools for learning and development.
Through AI-assisted recruiting, onboarding, and performance management, Paychex streamlines the end-to-end employee lifecycle. It also empowers employees to access their pay stubs, manage their shifts, and update personal information through the Paychex mobile app and self-service portal.
What Is Paychex Best For?
The platform stands out for its ability to simplify employee benefits and compliance management for small businesses and large enterprises. It offers a comprehensive suite of services, including access to group health insurance, flexible spending accounts (FSA), health savings accounts (HSA), and retirement services such as 401(k) and individual retirement accounts (IRAs). Additionally, Paychex integrates benefits with the payroll system, simplifying processes while keeping businesses compliant with federal, state, and local regulations.
Paychex Pricing
Paychex pricing varies based on selected services or plans. The platform provides two primary packages and six plans for interested users, which include:
- Paychex HR Packages: HR Partner Plus, HR Pro, and HR PEO
- Paycheck Payroll Packages: Paychex Flex® Select, Paychex Flex® Pro, and Paychex Flex® Enterprise
Paychex Integrations
Paychex integrates with various third-party platforms and software solutions to enhance its HR, payroll, and overall business operations, including but not limited to:
- Xero
- 7shifts Software
- Oracle NetSuite
- Sage Intacct
- BambooHR
- Gusto HR
How Does Paychex Work?
Here’s a step-by-step guide on how to use Paychex once you have logged into your system:
- Enter company details, including name, address, and tax information
- Set up pay periods, employee classifications, and payroll settings
- Add employee details, including personal information, wages, and tax preferences
- Train employees on how to clock in, clock out, and request time off
- Add employee benefits like health insurance and retirement plans
- Use HR tools for onboarding, performance management, and compliance
- Input employee hours and additional pay details into the system
- Generate and customize payroll and HR reports
Who Is Paychex For?
Paychex is designed for a variety of industries and businesses, including:
- Healthcare
- Construction
- Retail
- Professional services
- Manufacturing
- Nonprofits
Is Paychex Right For You?
If your HR team is overwhelmed with managing payroll, compliance, and employee records, Paychex can help you with its comprehensive payroll solutions, compliance management, and HR services. It simplifies tax filings, ensures ACA and labor law compliance, and offers reliable HR tools to support your business.
Trusted by clients like DeStefano Gauch & Associates CPA Inc and Wells Fargo Bank and backed by SOC 1 Type 2 and SOC 2 Type 2 certifications, Paychex delivers both security and expertise.
Want to learn more? Contact us at (929) 590-9554 to speak with our support team and learn how Paychex can fit your business needs.
Paychex Features
This professional employer organization (PEO) solution by Paychex provides businesses with comprehensive HR support. It offers services like payroll processing, employee benefits administration, risk management, and HR compliance to help streamline operations and reduce administrative burdens.
See How It WorksPowered by artificial intelligence (AI), ‘Paychex Recruiting Copilot’ helps businesses expedite their hiring process using digital HR technology. It helps businesses identify top talent efficiently by automating resume screening, ranking candidates based on job requirements, and reducing the time spent on recruitment tasks.
See How It WorksThe ‘Time Clock’ feature offers flexible and efficient punch options, including proximity cards, biometric methods like finger scans, and PIN entry. Employees can clock in and out via desktop, smartphone, or tablet, ensuring accurate time tracking. The system also helps manage labor costs with overtime alerts and ensures compliance with wage and hour regulations.
See How It WorksThis system provides solutions for workers’ compensation, cyber liability, and employment practices liability coverage. It also manages workplace risks through workers’ compensation, safety services, and occupational safety and health administration (OSHA) manuals. Paychex insurance agency tailors business insurance to protect companies from industry-specific risks, helping them maintain a safe and compliant work environment.
See How It WorksPaychex features a talent management system that efficiently handles employee hiring, onboarding, training, development, and performance management. It offers features like job posting integrations, applicant tracking, and learning systems to enhance workforce engagement and productivity.
See How It WorksTop Recommended Software
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Frequently Asked Questions
Yes, Paychex provides an API that allows businesses to integrate Paychex's services with other third-party systems.