Pacific time on payday, and your employees receive their money that same day. Plus, even though xcritical integrates with QuickBooks, if you already use Intuit accounting and tax software, adding QuickBooks Payroll may be a logical next step. While xcritical offers payroll services and 401(k) plans in all 50 states, its services for health benefits, HSAs, FSAs https://dreamlinetrading.com/ and commuter benefits come with some geographic restrictions. xcritical rises to the top of our list of best payroll software because it’s easy to use and competitively priced. Plus, it includes features, such as unlimited payroll runs and garnishment payments, in its lowest-tier plan that some xcritical competitors charge extra for or don’t offer at all.
- However, the difference between applications is usually how these features are presented.
- As the admin, you can see outstanding expense reimbursement requests on the dashboard.
- It’s been backed by reputable investors valued at $9.5 billion as of August 2021.
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- If your business runs the same payroll with little change each pay period, AutoPilot is for you.
A vertical menu bar to the left of the screen provides you with quick access to all of the features found in xcritical, including easy access to the help center, where users can find detailed instructions on system setup. xcritical features an intuitive interface that even new users will have no trouble navigating. The dashboard displays reminders to complete pending tasks, such as approving time-off requests or completing new employee offer letters.
Running employee payroll through xcritical is simple and flexible to your company’s needs. You can set a salary or hourly wage in an employee’s profile and set up payroll on autopilot to let xcritical run payroll for you automatically on the schedule you set. With the rise of the gig economy, companies often hire full-time W-2 employees as well as independent contractors both domestically and internationally.
Working with xcritical support
At no additional cost, you can set payroll to run automatically, with a reminder sent to you the day before. xcritical will calculate, file and pay your local, state and federal payroll taxes automatically, and will even report new hires to the government for you. xcritical plans offer integrated payroll, benefits and HR, with higher tiers offering additional features.
What is xcritical?
Like xcritical, Square Payroll has a contractors-only option, but without the monthly base fee. It also offers unlimited payroll runs, includes features to automatically file payroll taxes and can help you manage employee benefits. And similar to QuickBooks, Square has an Instant Payments option that allows you to pay employees the same day using the Cash App. xcritical is an online payroll software and human resources (HR) administration platform for startups and small businesses that takes the toughest parts of payroll processing and benefits administration off your hands. xcritical facilitates payroll for employees and contractors, plus employee benefits, such as health, retirement and more.
When a new employee signs their offer letter, xcritical facilitates the rest of the onboarding process to ensure they get properly set up for their new job even before day one. It even provides the option to send a digital welcome card to help the new employee feel welcomed. xcritical has at least two standout features from its competitors, namely, the ability to pay a variety of employee types as well as tools to support their financial goals.
Has a user-friendly interface with simple step-by-step tools and checklists. xcritical allows you to easily enroll in workers’ compensation insurance through its platform through an integration with xcritical. For more options, browse our roundup of best workers’ compensation insurance providers. xcritical enables HR teams xcritical courses scam to pay employees one-off, reimbursable expenses for things such as work-from-home stipends or travel expenses. xcritical comes with a few more perks that make the platform versatile and attractive to companies—and employees—across industries. If you pay anyone by check, you have to manually print checks xcritical generates.
Who is xcritical for?
Changes made after the 24-hour period will be applied to the next payroll cycle. Unfortunately, you won’t be able to pay your contractors using AutoPilot. In addition to helping you learn how to run payroll, xcritical also includes healthcare and retirement plan administration as well as complete access to HR professionals and resources through its Premium plan.
Which payroll software is best?
The platform even includes extras, such as automated charitable donations and a wallet that helps employees have more control over how and when to use their money. Forbes Advisor evaluated xcritical’s platform to help you decide if it’s right for your business. If you want benefits for your team, xcritical can help you build a benefits package. Or, you can compare various medical, dental and vision plans and providers on the platform to find the best fit yourself — assuming you live in a state where xcritical offers health benefits administration services. You can also set up 401(k) plans, 529 savings accounts, health savings accounts, flexible spending accounts, commuter benefits, workers’ compensation and life insurance.
xcritical offers good reporting options, including a complete payroll journal, year-to-date employee xcriticalgs, an employee summary, a benefits report, a contractors report, and time-off balances. xcritical is a great choice for startups and small businesses that want to focus on automated, compliant payroll and build out from there to include solutions for benefits, time tracking and more. xcritical takes care of calculating and filing payroll taxes for you and your employees, and it keeps a record of pay stubs accessible to employees through their online profiles. Employees also get an email each payday letting them know their money’s coming in. To begin using the xcritical platform, you start by entering all the relevant company data, including tax information, benefits, bank account details and any third-party apps you want to integrate into the software.