CPA Practice Advisor

OCT 2012

Today's Technology for Tomorrow's Firm.

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Reviews For Your Firm CompuPay PayrollOnline 2012 OVERALL RATING BEST FIRM FIT Larger organizations looking for an Internet based solution or that may require more support and guidance on processing payroll STRENGTHS r Employee portal is included with the service r Strong support options are included r Company setup is controlled by CompuPay to ensure accuracy r High level of customization capabilities, though may require additional costs POTENTIAL LIMITATIONS r Very litle human resource management functions r Internet Explorer is the only officially supported browser by CompuPay SUMMARY & PRICING PayrollOnline is among the top-tier of online payroll service providers. Intended for busi- nesses with up to 1,000 employees, the web based ser- vice offers comprehensive capabilities. Quality training and support are among the core competencies offered by Payrol- lOnline and CompuPay team members are available to assist customers with all payroll pro- cessing needs. Pricing for PayrollOnline is dependent on level of service, pay frequency and number of paychecks processed. Te basic service level offering including all compliance filings, direct deposit and online employee access for 10 employees runs $71.25 per biweekly payroll. BASIC SYSTEM FUNCTIONS REPORTING & MONITORING INTEGRATION/IMPORT/EXPORT HELP/SUPPORT CLIENT SELF-SERVICE FEATURES Read the full review of this product exclusively online at www.CPAPracticeAdvisor.com/10773674 877-729-6299 www.compupay.com SurePayroll 2012 OVERALL RATING BEST FIRM FIT Accounting professionals looking for a payroll service resell opportunity for their cli- ents and to centrally manage multiple client payrolls STRENGTHS r Strong Internet and mobile apps r Patent-Pending One-Click Payroll to process payroll r Large number of third-party add-ons available r Strong third-par ty ac- counting and timekeeping integration points POTENTIAL LIMITATIONS r Limited reporting capabili- ties r Maximum employee count of 100 for each company file SUMMARY & PRICING SurePayroll is a good fit for PAYROLL SYSTEMS Thomson Reuters – businesses that have basic payroll needs and desire a more paperless solution. SurePayroll is also a good fit for accounting professionals looking for a resale opportunity. Billing for accounting profes- sionals can be sent directly to the accounting professional or to the client with a built in markup. Pricing for services is based upon the number of payroll runs and employees and includes all payroll processing, direct deposits and associated reporting require- ments. A bi-weekly or semi- monthly payroll starts at a base fee of $30.95 plus $1.85 for each employee. These costs will be incurred for each payroll run. Annual W-2 processing costs are currently $40 per company plus $4.25 per employee. BASIC SYSTEM FUNCTIONS REPORTING & MONITORING INTEGRATION/IMPORT/EXPORT HELP/SUPPORT CLIENT SELF-SERVICE FEATURES Read the full review of this product exclusively online at www.CPAPracticeAdvisor.com/10773716 877-954-7873 www.surepayroll.com RUN Powered by ADP Payroll for Accountants 2012 OVERALL RATING BEST FIRM FIT Accounting professionals looking to provide full service payroll options to small busi- nesses with 100 or fewer employees and prefer a web-based interface STRENGTHS r Internet-based to achieve anytime, any- where payroll processing r Integrates with most accounting soſtware currently used by small businesses r Phone and e-mail support is provided and on-demand help is accessible from virtu- ally every screen r Fully outsourced compliance filing and 855-408-3751 tax payments r Scalable to meet the growing demands of client needs r Enables accounting professionals a solution that helps their clients to comply with payroll and HR rules and regulations POTENTIAL LIMITATIONS r Employee self-service portal is not as fully-featured as competitors r Add-on modules required to achieve full HR and employee management functions SUMMARY & PRICING RUN Powered by ADP Payroll for Accountants is designed for accounting professionals looking to provide full service payroll options to small business clients with 100 or fewer employees who prefer a web- based payroll solution. Built-on the RUN platform offered by ADP to small businesses, this service is modified to allow accounting professionals to turn payroll service offerings into a revenue stream, quickly and efficiently. All payroll compliance is processed through the RUN platform and is handled by ADP which relieves the compliance burdens from the accounting professional. Standard pricing for the full service offerings is $60 per client, per month plus a nominal Accounting CS Payroll 2012 OVERALL RATING BEST FIRM FIT Accounting firms processing a large volume of small client payroll for their clients. STRENGTHS r Batch process multiple payrolls at one time r Multiple integration points r Strong employee self-service offerings POTENTIAL LIMITATIONS r Must purchase accounting solution to process payroll r Very litle human resource management capabilities SUMMARY & PRICING Accounting CS Payroll is designed specifically for accountants in public practice to process payroll for multiple companies. Public accountants are provided the necessary tools to perform a variety of accounting functions. As with most products in the Tomson Reuters CS Professional Suite, Accounting CS Payroll may be purchased as a traditional desktop or network solution or as a hosted solution. Pricing for the Accounting CS Payroll starts at $2,400 and allows for processing payroll for up to 20 companies. Additional payroll processing may be pur- chased in five-client bundles. Renewal pricing is offered as a minimal percentage of the initial purchase. BASIC SYSTEM FUNCTIONS REPORTING & MONITORING INTEGRATION/IMPORT/EXPORT HELP/SUPPORT CLIENT SELF-SERVICE FEATURES Read the full review of this product exclusively online at www.CPAPracticeAdvisor.com/10774114 800-968-8900 CS.ThomsonReuters.com per check processing fee. Scaled back service offerings are available and are priced at $22 per client, per month, for unlimited payrolls. Te HR411 add-on module to manage employees and benefits is offered in payroll service bundles and is generally priced around $40 per month, per client. BASIC SYSTEM FUNCTIONS REPORTING & MONITORING INTEGRATION/IMPORT/EXPORT HELP/SUPPORT CLIENT SELF-SERVICE FEATURES Read the full review of this product exclusively online at www.CPAPracticeAdvisor.com/10774118 www.accountant.adp.com October 2012 t www.CPAPracticeAdvisor.com 13

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