Do you have any questions regarding the best business accounting software? If yes, this review guide will provide you all the important information about Zerefits. Zenefits is a SaaS cloud-based suite that provides HR and payroll solutions to small and medium-sized businesses. Along with this, it also helps business owners with benefits administration and other workforce and employee-related processes.
Some of the qualities of Zenefits are managing the directory for workers, recruitment, employee insurance, benefits, and mobile support. You will also get a business intelligence feature. The best thing about Zenefits is that it projects all the features in a single dashboard. This provides you better control and information access for workers.
The main thing that sets Zenefits apart from others is that it provides more value at a very economical price, which makes it the best payroll solution for people who have just started their business and are looking for an advanced HR platform at a reasonable cost. Zenefits helps you manage multiple aspects of the insurance of your employees online. It gives you full control over the selection of the benefits.
You can choose some new benefits or keep your existing ones. Apart from this, you won’t have to worry about the complexities of the AAC (Affordable Care Act) as it makes sure that your company will be able to comply with the AAC easily. It also ensures that your company will be able to e-file taxes quickly with the help of the IRS.
Zenefits also assists you in onboarding, hiring, and the management of employee records. It also updates the entire database, whenever you make any changes. Zenefits also enables you to do approval processes and time entry, which helps in reducing errors. It also makes sure that the hourly workers are getting paid on time without any delays. Due to its simple database, you can manage and track employee paid time off very easily.
It also offers you the opportunity to streamline approvals and requests. In short, Zenefits is an easy to use platform that helps business owners automate different payroll functions such as tax filings and deduction calculations. Zenefits is a complete package that provides users extremely useful features. This is the reason why it is used by 20,000+ small and mid-scale businesses.
When it comes to features, Zenefits does not comprise on anything. It provides you all the features that you would need to manage payrolls and human resources. All the payroll features of Zenefits are automated, which saves you from extra work. Due to this feature, your employees can focus on performance instead of worrying about any errors. Automatic pay runs are one of its main payroll features that identify the perfect payroll schedule for your business.
The Automatic On and Off Boarding will feed the data of a new hire automatically to payroll and process the deductions. It also prorates the first and last pay of any person with your business. Zenefits provides Automatic Upkeep features that integrate the payroll with your Zenefits solutions. This means that whenever any changes are made to any employee data and information, then it will synchronize automatically. It also comes with a feature that provides full transparency for payroll functions to you are your company employees. This feature is very useful as it helps you understand when and why the updates are made.
Zenefits is one of the best payroll software when it comes to pricing. It makes sure that its users are getting the best services at a budget-friendly cost. They have three pricing plans and all of them can be billed yearly or monthly. The first package is Essential that costs $10 per employee/month and if you choose the yearly billing, then it will cost you $8 per employee/month.
It comes with many useful features such as an HR platform, scheduling, mobile app, compliance, RTO tracking, time tracking, and schedule. The second package is Growth that costs $18 per employee/month but if you choose the annual billing, then it will cost you $14 per employee/month. It provides all the features of the Essential plan along with compensation management and performance management.
The third and the most advanced package in Zen costs $27 per employee/month and if you choose the yearly billing, then it will cost just $21 per employee/month. This plan offers all the features of the Growth plan along with the well-being feature, which helps businesses measure the well-being of their employees. You will also get some additional services like payroll (that costs $6 per employee/month), benefits (that cost $5 per employee/month if you use external brokers, otherwise free), and advisory services (that cost $10 per employee/month, and $8 per employee/month for yearly billing.
For example, the payroll timeline provides you the full history of events that result in payroll change. The smart stubs feature breaks down the paycheck better, so the employees can understand them properly. The easy comp feature makes it very easy to collaborate with other team members to coordinate commissions and bonuses. At last, the pay preview feature makes sure that the paycheck is correct by previewing it prior to the pay run.
Zenefits is a user-friendly HR and payroll software that provides you full control over everything. It offers different kinds of features that make payroll and managing human resources easier for you. One main thing that makes it different from others is its price. All of the pricing plans are very affordable and no matter what package you choose, you will get a lot of value. It has a very simple design and even if you have never used a payroll software, you will be able to use Zenefits quite easily.
Join For News and Our Giveaway Drawings