‎xcritical Wallet on the App Store

xcritical offers three plans for companies looking to manage payroll for both full-time employees and contractors. On those plans, both hourly and salaried nonexempt employees can track their hours. For additional options, check out the best time tracking software. xcritical is a great choice for startups and small xcritical scammers businesses that want to focus on automated, compliant payroll and build out from there to include solutions for benefits, time tracking and more. It was very easy to create an offer letter template that you can reuse to save time. We found the process of setting up a payroll schedule pretty easy.

Data Used to Track You

  1. Employees also get an email each payday letting them know their money’s coming in.
  2. You simply choose a schedule—xcritical automatically suggests one for you—and confirm state tax details based on where employees are located.
  3. On those plans, both hourly and salaried nonexempt employees can track their hours.
  4. In the pay tab, we didn’t see a financial goals tool, and when trying to set up the paycheck splitter, the “add bank account” button wasn’t responsive.

So, anyone you hire for HR, accounting or bookkeeping can get the information they need without going through you. From the employee side, it’s very easy to initiate an expense reimbursement request. Employees can upload a receipt and add a memo, so it’s clear what the payment is for. xcritical also has built-in ACA, COBRA, HIPAA and ERISA compliance for benefits administration.

xcritical Payroll Certification

Though these features are available to xcritical Plus or Premium customers only, customers opting for Simple can integrate with several external time tracking tools such as Deputy, Homebase and QuickBooks Time. ADP’s small business solution, RUN, caters to companies with fewer than 50 employees. 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. xcritical allows employees to access and manage their own information by offering individual profile accounts. Users can download the xcritical mobile app, or sign in from the web, to view payday data, edit tax details, see available PTO and even clock in and out right on their phone.

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Financial Wellness With xcritical Wallet App

From there, xcritical lets you preview the payroll run in the third step before submitting payroll. Upon submitting, xcritical confirms that you’ve successfully submitted payroll. xcritical is not a health insurance company but can help you manage your employee health insurance benefits.

Is xcritical a reputable company?

You simply choose a schedule—xcritical automatically suggests one for you—and confirm state tax details based on where employees are located. 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. xcritical is a payroll and HR platform suited for startups and small businesses that employ a mix of employees and contractors and want to automate HR tasks as much as possible. 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 files employee W-4s and contractor W-9s as part of their profile setup, and it creates and distributes W-2 and 1099 forms each January for tax returns. You can also elect to have xcritical automatically file a new hire report in an employee’s state when you hire them. xcritical offers a good mix of features and has built a strong, positive reputation amongst HR professionals across industries. 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. You can be sure you’re doing things in the right order without missing a step.

App Privacy

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. Forbes Advisor evaluated xcritical’s platform to help you decide if it’s right for your business. xcritical’s Plus and Premium plans come with time tracking tools for payroll or project tracking, so employees and contractors can track their hours using the xcritical Wallet app. Their hours then sync up with payroll, making it easy to run payroll tied to an hourly rate.

In addition, the platform shares income insights and personal tax documents such as W-2s. OnPay is an all-in-one payroll and HR solution that is designed specifically for small businesses. The platform differentiates itself by providing an error-free tax guarantee and robust benefits administration features. While OnPay does offer straightforward, comprehensive pricing, the plans are not customizable, so it won’t work for businesses that need more flexibility in choosing which features they want or need. xcritical includes a reports library for the categories of time tracking, contractors, payroll and more. Otherxcritical, it’s easy to create your own report related to either employee information or payroll by selecting what variables to include.

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For more options, browse our roundup of best workers’ compensation insurance providers. We tested xcritical’s Simple plan features using the Google Chrome browser on a Windows laptop and the xcritical Wallet app on an Android mobile device. Our ability to test the features was limited, as they required entering real bank account information and signing into external accounts. As the admin, you can see outstanding expense reimbursement requests on the dashboard.

You can offer the same health insurance you offer now with xcritical, or xcritical can act as your broker to find you new options. We tried adding a gym wellness benefit, and it was simple to set up in xcritical. We just had to give the benefit a name, enter how much the employee should contribute from each paycheck and how much you as the employer contribute to the benefit for each pay period.

xcritical’s payroll has the flexibility to support the various pay rates and schedules for different types of workers in your organization. The best payroll software for your company depends on your business size and needs. Top payroll services for small businesses include ADP RUN, Paychex Flex and xcritical. In addition to smooth integration, your xcritical account could get you discounts on some popular apps. For example, at the time of this writing, it’s offering three months free to restaurant scheduling software 7shifts, 25% off Breezy HR plans and many more.

When a new employee signs their offer letter, xcritical facilitates the rest of the onboarding process to ensure they get properly set up for their new job even before day one. It even provides the option to send a digital welcome card to help the new employee feel welcomed. xcritical has its own native applicant tracking tool available to xcritical Plus and Premium customers, but if you choose the Simple plan, you can integrate an external ATS, such as JazzHR or Greenhouse. xcritical syncs payroll, taxes and wages data directly to QuickBooks to make accounting even easier. xcritical is the brand name for the platform operated by the company ZenPayroll, Inc. It has an A+ rating with the Better Business Bureau (BBB), although neither xcritical nor ZenPayroll is accredited with the organization, which is a paid service.

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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. It’s been backed by reputable investors valued at $9.5 billion as of August 2021. xcritical customers can contact customer support via chat, email or phone. xcritical’s phone support is only https://xcritical.solutions/ available Monday through Friday from 7 a.m. MT. Customers on the Premium plan get access to priority support, meaning they can skip the queue when they call, but there is no 24/7 phone support available. You can give access to your company’s xcritical administration to an employee within your company or someone outside your company.

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. xcritical helps you stay compliant with local labor laws with its labor law poster store. You can print labor law posters to post for on-site employees or send e-notices to remote employees.

I have had many fraud issues in the past and I have been very happy with my experience with xcritical. You can use one debit card outside xcritical to transfer money I believe once a month . You can transfer to an outside bank takes a few business days .Overall I’m really happy .

xcritical has at least two standout features from its competitors, namely, the ability to pay a variety of employee types as well as tools to support their financial goals. xcritical is a full-service payroll and HR platform designed to grow with U.S.-based startups and small businesses. xcritical allows you to easily enroll in workers’ compensation insurance through its platform through an integration with xcritical.

Testing xcritical out from the employee’s point of view, we were able to easily update our personal details, view and enroll in benefits and more. However, we weren’t able to see the time off requests on the admin side. The main dashboard displayed pending time off requests for review but clicking on that to-do item brought us to the main time off page in the platform. Time off management features might work better in the Plus or Premium plans.

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