Providing fair wages is perhaps the best way to keep your employees happy and satisfied.
You must consider that besides their jobs, employees have other responsibilities that they need to take care of, such as their families. So paying them in full and on time should be a vital part of your employee retention and satisfaction strategies.
Paychex Flex is one of the many programs that promise to bring you to that end.
This online payroll system aims to streamline the time you spend strategizing around your workers’ wages so you can focus on other aspects of your business.
But is it what your company needs? Here’s everything you need to know about Paychex Flex.
The Basics of Paychex
Founded in 1971 by Thomas Golisano, Paychex was established as a payroll company for small businesses. What started out as a $3,000 venture with a single employee is now a worldwide brand working with over 670,000 different companies.
While Paychex offers a wealth of employee management services and products for human resource officers and companies, Flex remains to be one of their most popular.
Designed to help you sort out your salaries and pay them out on time, the Paychex Flex platform works to free up your time and eliminate the risk of errors.
As a cloud-based payroll software, the Paychex Flex login can be accessed through the Paychex website.
They also offer the Paychex Flex app to help you sort out your payroll on the go.
Paychex Flex Features
Paychex Flex offers a range of features that make it an essential tool not just for payroll processes but also for employee management.
The intuitive software incorporates a number of smart functions that help you — and your employees — to fully understand the ins and outs of wages for easy, quick, and streamlined payroll execution.
Some of the Paychex Flex features that make it an excellent software include:
- Built-in safeguards, which notify you of potential issues to avoid problems when payday comes rolling around the corner
- The functional, minimalist dashboard, which gives you all the important information you need at a glance
- Quick reports, which provide immediate insight, accessible from your main dashboard
- Round the clock client assistance from dedicated payroll specialists to provide expert advice whenever you need it
- Automatic payroll tax calculation, payment, and filing
- Controlled employee access to individual online payroll, which minimizes questions and confusion among workers
Managing payroll is not a simple task. And that’s why Paychex Flex has become so popular among its users.
The simplified interface provides all the information you need at a glance.
Minimalist and clean, the dashboard gives you access to all the various functions you can leverage to fully understand your payroll.
But more than that, the Paychex Flex platform offers a broad range of reports that are instantly available with the click of a button.
Some of these include:
- Cash requirements
- Payroll journal
- Department summaries
- Tax deposit notices
These reports and analytics help you understand the specifics of your payroll and several other accounting aspects.
As a consequence, you can take control of how your finances are handled and gain a fuller knowledge of how every penny works to move the cogs of your company.
Note that there are various Paychex Flex packages – each one offering a different experience depending on the needs and complexity of your company.
The available options are as follows:
|Paychex Flex Select||Paychex Flex Pro||Paychex Flex Enterprise|
|Free mobile app||✓||✓||✓|
|General ledger services||✓||✓|
|Workers’ compensation report||✓||✓|
|State unemployment insurance service||✓||✓|
|Analytics and reporting||✓||✓|
|Custom analytics and reporting||✓|
|$1,000 in prepaid digital marketing services||✓||✓||✓|
|24/7 phone and chat support||✓||✓||✓|
|Dedicated payroll specialist||✓||✓||✓|
|Labor compliance poster kit||✓||✓||✓|
|Garnishment payment service||✓||✓|
|Employees financial wellness program||✓||✓||✓|
|Direct deposit and/or paycards||✓||✓||✓|
|Employment and income verification services||✓||✓||✓|
|Additional employee pay options||✓||✓||✓|
|Paychex Flex onboarding essentials||✓||✓|
|Paychex Flex HR administration||✓|
|Paychex employee screening essentials||✓||✓|
|Paychex learning management system||✓||✓||✓|
The Paychex Flex Select package is best suited for small-sized enterprises employing up to 15 workers.
On the other end of the scale, the Paychex Flex Enterprise package best suits large-scale businesses employing over 100 employees.
Do You Need Paychex Flex?
Now the big question – is Payxhec Flex right for your organization? That depends on the specifics of your operations.
All kinds of companies across a broad range of industries leverage Paychex Flex’s functionalities, which puts them at the helm of payroll control – without the risk of error.
The beauty of the Paychex Flex platform becomes even more appealing when you consider how it can mesh perfectly with services like Future Fuel.
Dedicated to crushing student loan debt by transforming repayments into employment benefits, Future Fuel works to empower companies to free young professionals from the struggles of debt.
The combination of these platforms can heighten their value and help you map out your payroll to better understand your finances and your employees’ individual situations.
So, do you need Paychex Flex? If you haven’t already got a foolproof payroll management system integrated into your operations, then you might want to check out what they offer.
Master Your Payroll with Paychex Flex
Easy, effortless, and straightforward, Paychex Flex lets you process your employees’ payroll in as little as two clicks.
But there’s more. The software makes it incredibly easy to learn and master the ins and outs of payroll, tax calculation and filing, and even employee management to give you a holistic idea of where your company stands.
And because knowledge is power, having such an intuitive tool available can shape the way you operate your business for maximum returns.
So if you don’t already have a payroll management tool, or if your current choice is giving you headaches, then head on over to Paychex and check out their Flex packages.