PayCycle Reinvents "Easy" with Online Payroll Industry's First Flexible Setup Tool

Businesses Up to 150 Employees Can Now Save Thousands of Dollars While Going Green

Palo Alto, Calif. (PRWEB) December 8, 2008

PayCycle, Inc., America's #1 online payroll service, today announced the 2009 release of the PayCycle® online payroll service featuring groundbreaking innovations, including a new setup tool that dramatically simplifies the process of getting started. Other innovations include streamlined e-services, one-click export of data to accounting software, multi-state support and an increase in the maximum size of company served to 150 employees. The innovations are in response to requests by PayCycle customers, who are busy small business owners.

"Today's new PayCycle release is easier and more helpful than ever, at the same low price," said Jim Heeger, president and CEO of PayCycle, Inc. "Particularly in today's economy, it is vitally important that small business owners understand the value they are getting from their service providers. Using PayCycle can save hundreds of dollars each year when compared to the cost of a traditional outsourced payroll service."

"In today's cost conscious environment, more small business owners are looking to the Internet for services, like PayCycle, that help them run their businesses in a convenient and affordable way," said Laurie McCabe, senior vice president, AMI Partners.

Interruption-Friendly, Flexible Setup Tool
The flexible, icon-based setup tool is a first for the online payroll industry. Other payroll services use a forms-based interface to gather customer information, which can be daunting if you are new to payroll. A few use interview questions or wizards to help. But with PayCycle's enhanced PayToday™ Setup, the latest design techniques tailor the setup process to fit each individual customer.

PayCycle developed its innovative approach to payroll setup through extensive research on small business customer behavior. The new interface enables busy small business owners who face frequent interruptions to come back and complete their setup when it's convenient for them. Users are provided with a central hub that guides the setup process. There is feedback on progress and task completion, along with customized help. Where possible, PayCycle recommends safe default values for tax information that will help small businesses avoid penalties and enable small business owners to run payroll the same day they sign up.

"I couldn't be more delighted with PayCycle," said Walter Cox of Masters Builders of Marin (Ca). "Using PayCycle, I was able to get a paycheck to an employee in a rush and set up my entire payroll in just under an hour. I was very pleased."

Faster, Easier Integration with QuickBooks® and other Accounting Solutions:
In addition to the improved setup experience, PayCycle added many more enhancements. PayCycle has long been the leader in providing quick and easy integration of online payroll data with small business accounting packages such as QuickBooks®, Microsoft® Money and Peachtree®. PayCycle's new Export Manager allows users to export all tax payments and paychecks from one place into their accounting systems. And the new One-Click Export tool transfers payroll data directly into QuickBooks. This faster, easier data integration saves valuable time and effort for the small business owner.

Going Green: PayCycle's March to Paperless Payroll Continues
PayCycle also extends its leadership in e-services, the online filing of payroll taxes and forms, both federal and state. PayCycle already offers more comprehensive e-filing support than any other online payroll product on the market, with complete federal and state e-filing support for 90% of all small business owners. With today's new release, PayCycle has reinforced its leadership position by streamlining the e-services setup procedures.

In another development, PayCycle now offers complete support for small businesses paying employees across state lines. "About 10% of our customers pay employees in multiple states," said Tina Korabiak, senior manager regulatory services, PayCycle. "As the trend toward telecommuting continues to increase, we anticipate even greater need for this feature."

The new multi-state filing process includes electronic tax payment coupons, forms and e-mail reminders for each state in which the small business operates. When these innovations are combined with direct deposit, most PayCycle customers can now run their payroll completely electronically, reducing their carbon footprint and moving into a greener future.

Support for Larger Small Businesses:
PayCycle now supports small businesses with up to 150 employees. Now these larger and growing small businesses can also save thousands of dollars each year with PayCycle's online payroll.

About PayCycle:
PayCycle is America's #1 online payroll service, serving more than 75,000 small businesses. PayCycle provides an easy-to-use, innovative, efficient service for small businesses, backed by outstanding customer support. PayCycle also powers payroll services for leading financial institutions including Capital One and PNC Bank, and provides client payroll services through many of the nation's accounting professionals. The PayCycle® service integrates with leading accounting programs such as QuickBooks®, Quicken®, Peachtree® and Microsoft® Money. PayCycle's unique "Do-It-With-YouSM" (DIWYSM) technology platform guides customers through the entire payroll process from paycheck to W-2 forms. PayCycle also holds PC Magazine's highest editorial honor for small business payroll, the PC Magazine Editors' Choice Award. Visit http://www.PayCycle.com for a free trial of the service.

PayCycle is a registered trademark, and "Do-It-With-You" and "DIWY" are service marks of PayCycle, Inc. All other product names and trademarks are the property of their respective owners.

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