Payroll by Wave is a Web-based, best-of-breed payroll platform built with small companies of 10 employees or less in mind. A simple, paperless solution to help pay workers and the government accurately and on-time, setup can be completed in just 10- to 15-minutes.
Checks are a thing of the past, as Payroll by Wave makes it easy to automatically deposit payroll directly into employees’ bank accounts. Employees can also create their own personal Wave account to see all of their pay stubs online. If you have hourly employees, a Timesheets function will allow you to track hours worked, including any overtime or vacation time that may have been used.
Payroll by Wave also offers a full tax service in Canada, which is being rolled out in the U.S. on a state-by-state basis. This includes automatic remittances and filings of state and federal taxes, with the option to do the taxes yourself, using the tax liabilities section of the software to know how much to pay each government agency and when the payments are due.
With a native iOS app and 256-bit SSL encryption, employers can complete payroll functions with ease, flexibility and security.