Starting with BusinessPay
If you are a mid-sized company with up to 1000 employees, Paramount BusinessPay is the best solution to ease handle your payroll needs. Actually, we provide you more than just a payroll solution. Your Finance department is relieved from the tasks of calculating taxes, scheduling direct deposits, tax filings and developing payroll related reports using Spreadsheets. Your HR can use Paramount BusinessPay to work in place of or as a supplement to your company intranet for Workforce management and empowering employees with our outstanding 'Employee Self-service' module. Within few hours, our payroll portal can become a seamless extension of your corporate website . Yes - with your corporate branding!
If you are an accountant or a payroll service bureau, you can use our BusinessPay software to process payroll for all your clients. To know more about BusinessPay, click here.
Setting up BusinessPay is easy and quick. You could be up and running in ten minutes! Complex customization may take a few days to achieve. Send us an enquiry and we will give you an estimate based on your requirements
You can access BusinessPay from anywhere, provided you have a computer with internet access and your username/password.
BusinessPay can be used with all common internet browsers such as Internet Explorer 5, 6, 7, 8 and 9, Mozilla Firefox, Opera, Netscape, and Google Chrome.
BusinessPay is easily customizable to your business needs. However, we undertake all customizations ourselves instead of allowing clients to perform the same.
BusinessPay is intuitive and extremely easy to use. Nevertheless, we are ready to provide any training that you and your staff require to use the system effectively.
BusinessPay can send you email alerts and reminders triggered by activities such as payroll timelines, compliance timelines, ACH transactions etc.
BusinessPay offers you online access to all your payroll reports, so that you don't have to wait for paper reports in the mail. You can view reports whenever you want and export them into various formats such as Word or Excel.
When your account is set up, you can tell us what reports you want and we'll configure them for you.
We will work with you to develop a pricing structure that is right for you. You can choose to pay either a flat fee or a fee on each payroll calculation, check and ACH transaction and your space utilization. Your fee will also vary depending on whether you are using the eVault and HRMS modules.
We have incorporated robust security measures such as form-based authentication, role-based access and Extended Validation SSL certificate to ensure that your information is completely safe. We also have extensive measures to protect data against malicious attacks such as SQL injections.
Call our help desk at 1-888-847-3781 between 9am and 6pm on business days to speak to a BusinessPay representative. You can also send an email to firstname.lastname@example.org
Calculating and Transferring Pay
After you click on the "Process Payroll" button, your payroll will be processed in under a minute! It will take a maximum of two business days (48 hours, not including weekends) for salaries to be credited to your employees' accounts.
Yes, you can have your employees' pay directly deposited into their accounts. You can also set up checks to print instead, or do a combination of both. Employees will get an email when their pay is deposited and can collect their pay stubs directly from BusniessPay.
You can set up an email reminder letting you or an employee know when it's time to run payroll, based on the schedule you set up during enrollment.
Yes. It will even file your taxes for you. We are registered with the IRS as well as with state and local tax agencies. We will file and pay your corporate and employee taxes on your behalf.
Filing Taxes and Ensuring Compliance
BusinessPay can calculate and file taxes for all 50 states in the USA. We are registered with the IRS as well as with state and local tax agencies.
We will not only pay and file your taxes for you, we also take care of all your compliance worries! We keep up with rules and regulations for you, and ensure that you are compliant with all relevant tax regulations.
We will also report your new hires to the appropriate state agencies to ensure that you are compliant with regulations and avoid paying any fines.
Once the pay has been transferred to your employees, BusinessPay will send them an email informing them that they have been paid. They can log in to BusinessPay to access their pay history and view their pay stubs online.
Of course! BusinessPay will post your W2's online at the end of the year so that you can review and approve them before they are final. Once published, employees can download and print their W2's directly from BusinessPay.
Working with Data in Other Systems
BusinessPay is designed to easily integrate with QuickBooks. If you are using some other accounting system, please send us a detailed enquiry and we will get back to you.
You can import Excel worksheets with Time and Attendance data, company and employee information etc. into BusinessPay.
You can view reports on BusinessPay as well as export them into various formats such as Word or Excel.
Storing and Sharing Documents
Yes. There can be multiple candidate pools tagged to different vendors.
You can search for documents by metadata keywords such as document name, author, format etc.
Managing Insurance and Other HR Services