ZenPayroll Inc. has closed on a $6.1 million round of corporate and individual financing, enabling it to launch its new cloud-based payroll service.
Like what you see? Click here to sign up for Accounting Today's daily newsletter to get the latest news and behind the scenes commentary you won't find anywhere else.
The product is designed to enabling employers to quickly pay their employees using a connected device, while automating all payroll tax calculations and payments by providing direct deposit, and electronically filing all payroll-related government documents for employers.
Key features found in ZenPayroll include a dashboard view of all pending tasks and upcoming important dates; ability to run payroll; automated payroll tax filing and payments to the federal government; employee access to pay settings, paystubs and documents; benefits management: PTO tracking: track and report vacation and sick days; payroll history; new employee reporting; and ability to pay employees by direct deposit or check.
“ZenPayroll was founded with the belief that the underlying building blocks of payroll are inherently delightful; current payroll providers have squandered that potential by creating products that are difficult to use,” said ZenPayroll chief executive and co-founder Joshua Reeves. “By fundamentally re-thinking how payroll works with a focus on user experience, we are able to deliver delightful payroll that is easy-to-use, secure and saves businesses time and money.
For more information, visit https://zenpayroll.com