OneSource Virtual as a settlement provider
December 14, 2021
OneSource Virtual as a settlement provider
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with OneSource Virtual
OneSource [Virtual] is our 3rd party net pay settlement provider. They also remit all payroll tax liabilities and file all payroll tax returns on our behalf. [OneSource Virtual] also prepares and remits any necessary federal and/or state tax amendments, and they support our year-end W-2 process and related filings. From time to time, we may also utilize [OneSource Virtual] to handle any garnishments that may arise.
- [OneSource Virtual] offers an array of on-demand webinars
- At the end of each quarter, [OneSource Virtual]'s tax and payroll team initiate a meeting with me to discuss the quarter's activities and hear any concerns I may have
- I meet with my [OneSource Virtual] Success Manager once a year to touch base and discuss improvements to our services
- There are times (not always) where I have created a ticket and have had to follow up multiple times before I hear back from anyone. I'm not sure if this is an [OneSource Virtual] system issue, but it can be very frustrating.
- I would love for anyone that's reviewing a ticket to include their phone number in case I need to reach them immediately instead of waiting for their electronic response. Some include their contact information, but the majority do not.
Do you think OneSource Virtual delivers good value for the price?
Yes
Are you happy with OneSource Virtual's feature set?
Yes
Did OneSource Virtual live up to sales and marketing promises?
Yes
Did implementation of OneSource Virtual go as expected?
Yes
Would you buy OneSource Virtual again?
Yes
- [OneSource Virtual] saves me time by preparing all of our tax filings [so that] I can focus on more of the review and analysis of our payroll costs
- Once I run the payroll complete process, [OneSource Virtual] takes over the settlement process giving me one less thing to worry about
- [OneSource Virtual] has allowed us to keep our overhead costs low, allowing the company to use those savings on other initiatives while the company grows
I used ADP for a short time while we implemented Workday (payroll), and I can say it was not so user-friendly. Once we transitioned to Workday and brought [OneSource Virtual] onboard, life became much easier.