What Bank Does Paychex Use

Any Business Any Size

Paychex Payroll Services save you and your business time so that you can focus on what matters most.

The daily time that I dont spend on it really changes my daily routine. It allows me to make phone calls, answer emails, talk with general contractors and talk with my franchise . Having the ability to do that streamlines both processes.”

Clear And Simple Program

For businesses that dont process many payments and are looking for ocassional processing, Paychex offers a Clear and Simple program with the following published charges:

Monthly fee: $10Keyed rate: 3.5%Keyed per-transaction fee: $0.29

Curious how Paychex pricing compares to other processors? View comparisons for your specific business using a free processing quote comparison tool.

My Company Is Growing How Easy Is It To Adjust My Package Or Add Solutions

Whether you have five employees, or 5,000 employees, each of our payroll packages and solutions are built to grow with you. Your Paychex representative can help you easily add services as they become necessary, as well as recommend solution that may better fit the changing needs of your business.

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Adp New Hire Reporting

When you add a new employee into ADP, New Hire Reporting fills out all new hire paperwork and submits it directly to the appropriate federal agencies in your state. Due to this reason, ADP isnt an international software and can only work and report within the United States. Still, this saves a lot of time emailing or mailing separate documents.

Payroll And Hr Services

First Bank & Trust understands that your time is money so, weve teamed up with Paychex to give you an affordable, reliable, full-service option for outsourcing payroll, HR, and employee benefit administration. Paychex is a leading provider of HR solutions, with more than 650,000 clients nationwide.

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An Implementation Specialist Will Set Up Your Account

Once we have all the necessary paperwork and information, an experienced implementation specialist will set up your account, which can usually be completed in as little as 48 hours. Your implementation specialist will audit back to the beginning of the year, balance your year-to-date payroll data, and process your first few payrolls with you. In addition, they can help you understand the value of Paychex Flex and show you how to run payroll online, view reports, and grant employee access.

How Do Small Businesses Accept Payments

Businesses can accept payments in variety of ways: credit cards, debit cards, automated clearing house transactions, eChecks, gift cards, and more. They can do this through the use of a Point of Sale system or by using payment processing software on a computer or mobile device.

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We’re Your Payroll Solution

KeyBank and Paychex® have teamed up to give you an affordable, integrated option for outsourcing payroll, HR and employee benefits administration. Within just 24 hours, small businesses using our services can set up an account with Paychex and start running payroll online.

Whether youre looking to outsource payroll and HR for the first time or are thinking about switching payroll companies, Paychex and KeyBank make it fast and easy. Join the 680,000+ businesses nationwide that trust Paychex with their payroll and HR needs.

Our company has been using Paychex since July 2019. Since that time, we implemented the system, completed a year-end including W2s and other tax filings, and made some personnel changes. All of these situations were seamlessly managed in a way that met and often exceeded our expectations.

We are a small business, employing 12 employees in total, with employees residing in more than one state. We require the expertise of Paychex to handle our multistate scenario. We anticipate using Paychex for payroll for years to come.

Elaine Brooks, Vice President, EFP Industrial Automation

We have been very happy with Paychex. We had a smooth conversion and have found Paychexs platform and customer support to be excellent. I would recommend Paychex to any business interested in upgrading their current payroll and HR process.

Brenda S. Link, Director of Operations, Imaging Support Services, Inc.

Adp Vs Paychex: Features

Besides time tracking, ADP and Paychex carry many of the same features and tools. Still, there are some key differences in scope and the availability of certain features may depend on which plan you go with. Lets break down some of the more notable contrasts that appear when evaluating ADP vs. Paychex.

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Paychex Payment Processing Solutions

Paychex has the latest technology for payment processing needs. In addition to payment processing, this platform enhances customer engagement with automated emails, upgrades decision-making with inventory and sales data, and offers more efficient employee management.

Users can completely customize their payment process with online payment services, debit and credit card processing, point of sale solutions, eCheck processing, automatic clearing house payment, transparent pricing, PCI compliance notifications, interchange optimization, and real-time, same-day, or next-day funding abilities.

Paychexs credit card processing includes payment from credit cards like MasterCard, Visa, and Discover, along with gift cards and EMV chip cards. It also gives users the ability to add credit card surcharges. International purchasers can be accommodated using dynamic currency conversion and receive receipts showing exchange rate details and other statistics.

Users can take payments with PC, iPad, iPhone, and Android devices. Users can accommodate additional customers, get paid faster, and save processing costs through electronic processing. Paychex integrates with QuickBooks, and it has PCI DSS compliance reminders to protect users from liability and fraud issues.

Explore The Payroll Processing Options Available Through Pnc

Handling your payroll is a big job. You have to prepare, report and distribute payroll, and then there’s your employee tax payments. We have payroll tools from do-it-yourself online processing to fully managed processing by third party providers priced right for your business and designed to help eliminate the hassles of payroll processing.

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Dental And Medical Practice Integration

Paychex integrates with some dental and medical practice management software, including TotalDental, PIMSY, CounSol, Umbie DentalCare, and more.

Integration with practice management software eliminates the need for manual entry and time-consuming reconciliation between multiple systems. This option is available when using Paychex payment processing through its partner BluePay.

Why Does Direct Deposit Take So Lengthy

Deposits Take

Deposits can take even longer to occur at occasions, partly as a result of the financial institution needs to make sure that the funds are good. They will not know that the funds are good till the cash really arrives, so many banks will maintain deposits for as much as 5 enterprise days at occasions.

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Customer Service & Support

Over the past six decades, ADP has built its reputation on attentive and quality customer service and support. ADP customers can reach a company representative 24/7 by phone and live chat. Community forums, email, and social media are other options for advice and help too. Visual learners will appreciate the fact that ADP has its own YouTube channel with tutorials and resources to help customers make the most of their payroll processing and HR management features.

Paychex also touts reputable customer service and support. Customers with the Paychex Flex Select plan or higher can speak to an assigned payroll specialist as well. Outside the specialists office hours, users can get assistance 24/7 via phone and live chat in the software or website. If you prefer troubleshooting on your own, an internal help feature and help center house training videos and guides to deal with issues and become more familiarized with the software. Finally, if youre located near one of Paychexs 100+ offices, customers can request in-person support.

Paychex Business Insurance Solutions

Paychex Business Insurance Solutions helps provide comprehensive coverage for employees, properties, and businesses. This solution helps with compliance, billing, deductions, and selecting the best provider. Paychex partners with top carriers, has over 20 years of experience, and has been rated a top 25 insurance agency for the past five years.

Users can bundle business protection with a business owners policy to cover business risks. Cyber liability insurance helps protect against the growing number of hackers and cybercriminals. Entire fleets or single vehicles can be covered from work-related accidents with commercial auto insurance.

For protection against wrongful termination, workplace violence, discrimination, and harassment claims, employers can use Paychex to purchase an employment practices liability insurance policy. Contractor, employee, manager, and owner mistakes can be protected with professional liability insurance.

To extend the limits of other policies, employers can purchase a commercial umbrella plan. Damaged equipment, inventory, and buildings can be protected with commercial property insurance. Paychex users can also find general liability insurance policies and workers compensation insurance.

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Paychex Payroll Company Overview

The onboarding process for Paychex is lengthy and takes 48 hours to complete after sign up. While onboarding, a customer service representative will call you for support. They will ask you questions about your businesss taxes, bank accounts, employee and company information, and Paychex will handle the rest. This onboard manager will help you going forward.

Running payroll is confusing, but you have two options for initiating this procedure: calling into the account manager or processing them online on the mobile app or Paychex account. When payroll is approaching, the dashboard will alert you when its approaching. Fill in any empty bosses on the screen that the onboarding manager didnt.

Once all the necessary boxes are filled, Paychex will perform calculations, determine what each employee is owed, and request the software to process. After a 15 minute hold, all payment will show up via their payment preference -whether its paper check, direct deposit, or prepaid MasterCard. Tips can also be distributed electronically.

Which Is Better For My Business: Adp Or Paychex

Having been in business for several decades each, ADP and Paychex are tried-and-true payroll applications. But are they well-suited for small businesses? Everyones situation is unique, so weve laid out some scenarios when each software might be a better solution through the lens of small businesses.

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Comparing Paychex Vs Adp: The Bottom Line

Across all four plans, ADP Run is easily integrated with other software. Beyond its full-service payroll processing, ADPs most prominent features are its extensive reporting and analytics, HR support, and time tracking. Additionally, 24/7 customer service can give small businesses peace of mind, especially if working outside standard 9-5 business hours. Since ADP doesnt disclose pricing, the time demand and uncertainty of negotiating a price plus hidden fees may make this payroll solution a bad fit for smaller businesses.

Paychex is another solid choice for strong payroll features, such as automatic payroll tax filing, direct deposit, and new hire reporting. Paychexs wealth of tools and features can be a big plus to securing a full-service payroll and HR system. While the lack of time tracking and attendance capabilities, plus limited integrations, could increase costs through extra add-ons, a committed payroll specialist could reduce your payroll processing workload enough to justify the heftier price tag.

Frequently Asked Questions About Paychex Vs Adp

How do I get my pay stubs from Paychex?

To check your paystubs on the Paychex platform, go to My Account on the dashboard in the software, then click Check Stubs from the drop-down menu. If this section is empty, the document may not have gone live on the website yet. Check Stubs may not appear without the proper permission from your employer. Contact your employer or Paycheck customer support.

How do I log into Paychex?

Logging into Paychex requires you to select your role from the system. However, if you are not using MyPaychex or Paychex Flex, you can log into the website to check your paystubs, W-2s, and personal information. If you are currently an employee or employer, you can use this system to request time off, or view timesheets.

What does ADP stand for?

ADP stands for Automatic Data Processing Inc. Founded in 1949, ADP Workforce was one of four American companies in the S& P 5000 to have a triple-A credit rating up until 2014. Their business services include human resource management, services, and software. One of their first payroll machines included the ADP Model 4500 timecard reader.

How do I get my pay stubs from ADP?

Enter your password via the ADP Portal and sign in with your User ID and Password. On the homepage, you may see the Employee/Manager tab. Once selected, you can view your pay statements by clicking on Pay & Taxes, then Pay & Tax Statements. Finally, choose the dates for your statement and download it to print.

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Paychex The Main Features

• Payroll and taxes, along with taxation and combined HR services
• Online hiring complete with background checks and employee screening
• Group health insurance, employee benefits, and time attendance
• Retirement plan management with payment processing
• SUI and Safety programs with PEO and online payroll management
• COBRA administration and analytics and reporting

Which Is Best For You

This was extremely close, with both applications offering advantages and disadvantages.

For instance, while both offer a mobile app, RUN Powered by ADP charges for their app, and while both offer a good list of features, RUN Powered by ADP offers easier system navigation than Paychex Flex.

In the end, RUN Powered by ADP slightly edges out Paychex Flex in this head-to-head competition, though these two products share more similarities than differences.

One of the main reasons RUN Powered by ADP scores slightly higher is that its better suited to new business owners unfamiliar with payroll systems, while Paychex Flex is better suited to those that know their way around payroll processing.

With Paychex Flex, growth doesn’t mean switching payroll software.

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Customer Reviews & Complaints: Which Payroll Software Do Users Like Better

As a veteran provider, ADP Run has worked out many bugs and internalized customer feedback over the years. This experience has been praised in some customer reviews. Users also appreciate the round-the-clock support, multitude of features, and easy-to-use interface. Conversely, customer complaints have touched on hidden fees and undisclosed pricing for its various plans. Some customers have voiced frustration with having to request a demo from a sales representative to get a sense of the softwares interface.

In terms of user reviews, there is more praise than complaints when it comes to Paychexs payroll software. On the positive side, users make note of Paychexs helpful customer support, solid payroll features, a centrally-organized platform, and time savings for their businesses. On the flip side, some customers have taken issue with unauthorized payment withdrawals, missed tax filings, inaccurate payroll calculations, and overall cost.

Adp Vs Paychex: Pricing

Neither ADP nor Paychex publicly advertise pricing, so its difficult to compare costs. Instead, both companies require interested buyers to contact their sales team to receive a custom quote for the plan that will fit their business.

ADP could be cheaper if your business runs payroll often since Paychex charges per pay run, while ADP charges per month. Paychex is also missing time tracking, so you may have to pay more in integrations than with ADP.

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Paychex Vs Adp Which Is Better To Use

• Paychex vs ADP Which is Better to Use? – June 12, 2020

Last Updated on November 23, 2021 by DMEditor

In our Paychex vs ADP review, well be looking at the two platforms in detail to help you decide which one youd prefer.

We know that having a competent payroll software is essential to run your business whether you have a small business of a multi-million dollar company.

With so many payroll software providers out there, it can be challenging to know the right payroll service to choose.

Commonly Asked Questions About Paycards

Can employers mandate that employees use direct deposit for wages?

Be sure to check your state’s law regarding mandatory direct deposit rules. About a third of states allow employers to require employees to have bank accounts for direct deposit purposes. In such a case, paycards aren’t necessary. Nonetheless, employers may want to offer the option instead of imposing the direct deposit requirement.

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Hand Off Your Payroll Obligations To A Specialist You Trust

• Employee earnings statements and notice of funds needed to cover payroll cost and taxes
• Payroll journals and department summaries documenting all payroll activity
• Records of submitted new-hire information

• Automated Taxpay® Payroll service provides federal, state and most local payroll tax computation and filing and includes these services:
• Payroll tax processing and deposits with tax summary reports
• Quarterly and annual filings
• Compliance with electronic funds transfer requirements

Important Legal Information And Disclosures

Intuit® Online Payroll and Intuit Full Service Payroll® are products of Intuit Inc. You must go to the Intuit website to enroll in and use the product. PNC Bank is not responsible for the product or the performance of Intuit Inc. Intuit, QuickBooks and the Intuit logo are registered trademarks of Intuit Inc., used under license.

ADP® is the registered trademark of Automatic Data Processing, Inc.

Paychex® is the registered trademark of Paychex, Inc.

Apple, iPod, and iPad are trademarks of Apple Inc., registered in the U.S. and other countries. iPhone is a trademark of Apple Inc.

Android is a trademark of Google LLC.

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