The system is designed to make the whole compliance process easy on in-house payroll departments, to save them time, and help determine when things are due.
Norcross, GA (PRWEB) March 21, 2012
BSI ComplianceFactory, the robust payroll tax compliance solution from Business Software, Inc. (BSI), is the subject of the Feature Product Review in the March issue of PAYTECH magazine.
The article, BSI ComplianceFactory™ Streamlines Payroll Tax Compliance, with SaaS Option, emphasizes the complexity and risk that come with payroll tax regulations, but details how BSI ComplianceFactory helps simplify and manage the payroll tax filing and depositing process, including W-2s and 1099s.
“The system is designed to make the whole compliance process easy on in-house payroll departments, to save them time, and help determine when things are due,” said Russell Rindik, BSI Vice President of Operations, quoted in the article. “It also balances back to the payroll system, and makes sure everything is correct. It’s like a gigantic easy button.”
BSI ComplianceFactory streamlines internal payroll tax compliance processes and offers efficient management of high-volume filing and deposit processing for any size or type of company. It reduces manual processes and helps maintain compliance with Federal, State, local and territory tax authorities. The system is able to discern the payment requirements for each authority, as well as produce authority-specific reports.
Payroll tax responsibilities are managed from a user-friendly dashboard; integration with back-office tools automates repetitive tasks for greater efficiency. BSI ComplianceFactory is comprised of six complementary applications and offered on-premise or on-demand (SaaS).
For more than 32 years, BSI has provided industry-leading payroll tax calculation and compliance solutions that help businesses meet ever-changing tax regulations and compliance standards while improving payroll efficiency and reducing costs. Starting with BSI-TAX™ in 1979, BSI solutions have offered innovative, scalable technology; native integration; and comprehensive U.S. payroll tax coverage to payroll vendors, service bureaus and individual organizations. BSI remains focused on adapting to changing customer needs, recently introducing SaaS versions of BSI TaxFactory™ and BSI ComplianceFactory. BSI solutions fit any size or type of company in any industry.