Name: Solucion Factible Payroll
Author: Soluciones Fectible

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Solucion Factible Payroll is a software solution offered by Solucion Factible Consultores that aims to efficiently manage payroll processes for businesses. According to the vendor, this solution automates and streamlines tasks related to employee payroll, such as calculating salaries, deductions, taxes, and generating payslips. It is designed to be suitable for businesses of all sizes, from small startups to large enterprises. Solucion Factible Payroll is said to cater to a wide range of professions and industries, including Human Resources, Accounting, Small Business Owners, Service-based Industries, and Manufacturing and Production companies.

## Key Features

**Payroll Processing**: According to the vendor, Solucion Factible Payroll automates the calculation of employee salaries, deductions, and taxes. It is claimed to allow for easy customization of payroll components and supports multiple pay frequencies and payment methods.

**Tax Compliance**: The vendor states that the software ensures compliance with tax regulations by automatically calculating and deducting the correct amount of taxes from employee salaries. It is said to generate accurate tax reports for different regions and jurisdictions.

**Employee Self-Service**: Solucion Factible Payroll offers a self-service portal for employees to access their payroll information, including payslips, tax forms, and year-end statements. The vendor claims that employees can also update their personal information through the portal.

**Leave Management**: According to the vendor, the software includes leave management functionality to track and manage employee absences, automate leave balance calculations, and provide a centralized system for leave requests and approvals.

**Reporting and Analytics**: Solucion Factible Payroll offers pre-built reports and analytics, allowing businesses to gain insights into payroll data, such as payroll costs, labor expenses, and employee benefits. The vendor states that the software also allows for customizable reporting based on specific business requirements.

**Integration with Accounting Systems**: The vendor claims that Solucion Factible Payroll seamlessly integrates with popular accounting systems, such as QuickBooks and Xero. This integration is said to enable the automatic transfer of payroll data to the general ledger, saving time and reducing errors.

**Compliance and Security**: According to the vendor, Solucion Factible Payroll is designed to comply with local labor laws and regulations, ensuring accurate payroll processing and adherence to legal requirements. The software is said to follow industry-standard security protocols to protect sensitive employee data.

Gusto offers payroll, benefits and compliance capabilities. Gusto is scaled for small to mid-sized businesses, and emphasizes an easy to use interface.

Simple: A streamlined set of automatic payroll features and benefits integrations

Plus: Comprehensive payroll, benefits, and HR tools for employers building a great place to work

Premium: Scalable payroll and benefits, expert HR, and dedicated support for the complex needs of growing teams

Gusto

AccountEdge is a small business accounting software for Mac and Windows users. AccountEdge allows business owners to organize, process, and report on their financial information. Its features include accounting, integrated payroll, sales and purchases, contact management, inventory, and time billing. It was acquired by Priority Software in January 2018 to expand that company's small business portfolio.

AccountEdge Pro

AccountEdge Network Edition

AccountEdge Hosted

AccountEdge

Solucion Factible Payroll

Payroll software is a point solution that focuses on calculating and processing employee pay, generating tax forms, and benefits administration. However, payroll capabilities can also be rolled into larger human resources (HR) management software, ERP software, or accounting and budgeting software.

Soluciones Fectible

Payroll Management

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

Pay calculation

Pay calculation provides for computation of employee pay with state and federal deductions.

Support for external payroll vendors

Support for external payroll vendors is the ability to integrate with 3rd-party payroll services.

Off-cycle/On-Demand payment

Provide employees access to wages accrued during the pay period before the end of the pay cycle.

Payroll history for each employee

Benefit plan administration

Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.

Direct deposit files

Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.

Payroll tracking and auditing

Salary revision and increment management

Salary revision is the ability to modify individual employee pay.

Reimbursement management

Reimbursement management provides cash reimbursement for employee expenses related to business travel or other.

Statutory form management

Generation and management of tax forms (state and federal).

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

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Solucion Factible Payroll

Overview

What is Solucion Factible Payroll?