The new partnership will allow our customers to process the payments calculated by BSI ComplianceFactory™ through EFX Financial Services®.
Clearwater, FL (PRWEB) October 09, 2013
EFX Financial Services, a leader in the electronic payments industry, proudly announced a partnership today with Business Software, Inc. (BSI), a leading provider of payroll tax filing, tax calculation and compliance onboarding solutions in the cloud. Their partnership will provide a new, integrated solution for BSI’s clients that will make the whole payroll tax deposit process more seamless — from managing complex tax payments to processing them for Federal, State, local and territory tax jurisdictions.
"The new partnership will allow our customers to process the payments calculated by BSI ComplianceFactory™ through EFX Financial Services," said BSI President and CEO Ralph Rindik. "Adding the clearing house piece to our compliance solutions was the next natural evolution in our product development. Partnering with EFX Financial Services has allowed us to provide additional solution capabilities to our customers as we continue to be a premier provider of expert payroll compliance solutions for North America."
Some of the country’s largest corporations and service organizations – along with companies on their way to becoming the largest – will benefit from having their tax payments automatically processed through the Federal Reserve System without any manual steps, increasing accuracy and timeliness while reducing instances of human error.
“BSI’s clients will even have access to robust, efficient, real-time reports on the status of each payment,” added EFX CEO Don Gentry. “This new partnership is very beneficial to BSI’s clients.”
BSI ComplianceFactory is a web-based management console that enables payroll and finance professionals to manage and pay tax liabilities and file reports for Federal, State, local and territory tax jurisdictions. The solution effectively streamlines and automates processes for tax filing/depositing, amended returns, W-2s and more.
Founded in 2006, EFX Financial Services is one of the leading innovators in the electronic payments industry, processing hundreds of millions of dollars in transaction volume annually throughout the United States and Canada. Our state-of-the-art technology is PCI-DSS compliant to provide customers with reliable, safe financial services, and includes real time platforms for electronic checks (ACH) specifically designed for the payroll processing industry; ATM transaction processing and multiple payment methods for consumers to pay rent online. Key advantages are our multiple, innovative, one of a kind payment channels and “think outside the box” mentality which ensures clients are always heard first and foremost. Our corporate office is located in Clearwater, FL with additional offices in Jacksonville, Atlanta, Dallas, and Philadelphia. For more information about EFX Financial Services, visit facebook.com/efxfinancialservices, contact us at 888.894.4088, or email jcorrales(at)efxfs(dot)com.
BSI is a leading provider of North American payroll tax filing, tax calculation, compliance onboarding and supporting solutions in the cloud. Leveraging more than 34 years of experience, BSI offers the largest array of solutions in the industry that are used by clients to process more than a half billion transactions annually. Thousands of organizations – including many of the world's best known companies – use BSI to minimize their compliance risks, reduce labor costs, maintain regulatory compliance, improve workforce productivity and increase employee satisfaction. For more information about BSI, please visit http://www.bsi.com.