Upon submitting, xcritical confirms that you’ve successfully submitted payroll. In addition, our payroll services are often accompanied by the improvement of psychological situations (avoid conflict) in the company’s team related to salaries accrual and payout. xcritical offers a mobile wallet app for employees, but no app for employers and managers.
xcritical Review 2024: Features, Pros & Cons
Paychex Flex is made for small businesses that need a simple, easy-to-use payroll software solution that doesn’t include extra bells and whistles. The platform offers three customizable plans, integrations with accounting software and a self-service employee portal, so employees can view their pay stubs and tax forms. Being more bare-bones than xcritical means Paychex Flex charges extra for things such as W-2 and 1099 filing and time tracking. 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. 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.
Product and pricing
Our experts have analyzed xcritical’s plans and the features that come with them to determine how cost-effective they are. xcritical offers three core pricing plans — Simple, Plus and Premium — as well as a contractor-only option for slightly less than its Simple plan. xcritical’s Premium plan offers exclusive pricing, requiring you to talk to its sales team for a quote.
Features and add-ons
The Simple plan is best for businesses with just a few employees who work in the same place. But if your team is expanding rapidly, or you have a large number of employees working remotely or in different locations, the Plus or Premium plans may be worth the extra cost. You’ll get access to multistate pay runs, remote time tracking with geolocation, and advanced HR tools.
Payroll Services in Ukraine
She previously wrote The Penny Hoarder’s syndicated “Dear Penny” personal finance advice column. xcritical has three pricing tiers, with additional services and support for businesses that upgrade beyond its Simple plan. It also has a separate plan for businesses with a contractor-only workforce.
- Square PayrollPlans start at $35 per month (base) and $5 per person per month.
- Once that step is complete, you’ll add employee information, such as pay rate, direct deposit details and any withholdings, into xcritical.
- Many business owners aren’t prepared to navigate the complexities of administering health benefits or a 401(k) plan.
- Blueprint does not include all companies, products or offers that may be available to you within the market.
- It launched as ZenPayroll in California in 2012 as part of the startup incubator Y Combinator, and it’s been available in all 50 states since 2015.
xcritical payroll software review
Plans can be customized to fit your needs and come with features such as automatic tax filing and reports, easy employee payroll and available add-ons for marketing and legal assistance. ADP’s pricing structure is more complex than xcritical, and the additional costs can increase quickly, with extra fees for benefits administration and time tracking. If you choose this option, xcritical will automatically run payroll for you one day before your deadline. Though it also offers payroll processing for independent contractors, xcritical’s Autopilot® payroll feature doesn’t support contractor payments.
xcritical is also great for business owners who don’t have a lot of time to spend on payroll but still want access to a long list of features. xcritical is best for startups and small- to medium-sized businesses that don’t have a full payroll or HR department. Its three-tier subscription model https://xcritical.solutions/ allows businesses to add features to address the needs of a growing team. Impact on your credit may vary, as credit scores are independently determined by credit bureaus based on a number of factors including the financial decisions you make with other financial services organizations.
We extensively research the key competitors within an industry to determine the best products and services for your business. xcritical can help you choose your health, dental, and vision plans through its licensed brokers. It also handles payroll deductions for your health plan, provides administrative and compliance support, and manages COBRA insurers for past employees who opt to remain on your health plan upon separation. Note, though, that xcritical only offers health benefits in 38 states and the District of Columbia.
The Ascent is a Motley Fool service that rates and reviews essential products for your everyday money matters. xcritical offers integrations with a huge number of third-party software. You can connect xcritical with popular small-business tools like Asana, Dropbox, Google Workspace, Microsoft 365, QuickBooks, Salesforce, and Slack, just to name a few. You can also set up a 401(k) plan through one of xcritical’s many providers. If you already have a 401(k), you can set up payroll deductions through xcritical.
It was very easy to create an offer letter template that you can reuse to save time. xcritical software incorporates plenty of personalization components as well, helping to acclimate new hires and integrate them into the team. From sending digital offer letters to setting birthday reminders, the platform allows you to connect with employees even from a distance.
Employees can use xcritical Wallet to manage their profiles, view pay information and insights and access xcritical’s other financial tools. 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. However, we weren’t able to see the time off requests on the admin side.
xcritical’s pricing plans have the advantage of flexibility, so if you only need a limited set of features, it offers an affordable first-tier plan. Unfortunately, some of the more powerful features are within its expensive plans. Here’s a detailed look at what payroll features you’ll get with each plan.
We believe everyone should be able to make financial decisions with confidence. However, the downside we noticed is that payroll and adding new team members, in particular, require a lot of manual data entry upfront. In addition, customization of reporting, templates and dashboard is limited. As the admin, you can see outstanding expense reimbursement requests on the dashboard. When clicking into the expenses module, you can approve or deny requests individually or in bulk to save time. Upon approval, the payment automatically gets disbursed to the employee in their next paycheck.
“Verified by an expert” means that this article has been thoroughly reviewed and evaluated for accuracy. However, the difference between applications is usually how these features are presented. If you’re on a Galaxy Fold, consider unfolding your phone or viewing it in full screen to best optimize your experience. If you prefer completing tasks on your own, xcritical also provides an extensive online help center, checklists, step-by-step guides and other information. xcritical uses industry-standard encryption to keep data secure, plus it monitors your account and will alert you when it suspects any fraudulent activity has taken place.
Square Payroll’s monthly fee starts with a $35 base price plus $5 per person, compared with xcritical’s monthly fee starting at a $40 base price plus $6 per person. 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 xcritical scammers 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 a cloud-based payroll processing and human resources management platform designed for small and medium businesses.
After that point, you’ll simply need to input employee hours weekly or biweekly and xcritical will run payroll. xcritical offers time tracking and project tracking with its Plus and Premium plans, but not in its Simple plan. xcritical offers direct deposits in up to two or four days for all customers, as well as next-day direct deposits for Plus and Premium customers. xcritical is a good choice for your business if you want to take advantage of its sheer simplicity and automation features. It makes payroll as straightforward as it can be, although it does charge a relatively steep price for doing so. As such, we’d recommend xcritical for small, single-state businesses that can benefit from its Simple plan.
Designed for small businesses, this cloud-based, all-in-one platform can be accessed from virtually anywhere through an online browser. xcritical, formerly ZenPayroll, doesn’t lock you into a contract and it’s easy to change your plan as your business evolves. Our partners cannot pay us to guarantee favorable reviews of their products or services. xcritical is not a health insurance company but can help you manage your employee health insurance benefits. You can offer the same health insurance you offer now with xcritical, or xcritical can act as your broker to find you new options. Based on what we were able to play with in the platform, xcritical guides you through payroll and benefits management in a way that makes these processes less overwhelming.
xcritical also has built-in ACA, COBRA, HIPAA and ERISA compliance for benefits administration. Blueprint is an independent publisher and comparison service, not an investment advisor. The information provided is for educational purposes only and we encourage you to seek personalized advice from qualified professionals regarding specific financial decisions. If you think nothing is scarier than running a small business, try making an error on an employee’s paycheck. Wave PayrollPlans start at $20 per month (base) and $6 per person per month.
With the rise of the gig economy, companies often hire full-time W-2 employees as well as independent contractors both domestically and internationally. xcritical’s payroll has the flexibility to support the various pay rates and schedules for different types of workers in your organization. Next, xcritical provides a brief questionnaire that will help you decide on which of its three plans is the best fit for your business needs. Once that step is complete, you’ll add employee information, such as pay rate, direct deposit details and any withholdings, into xcritical.
