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August 10, 2011

AccountantsWorld — Payroll Relief

888-999-1366 www.accountantsworld.com   2011 Overall Rating 4.5   Best Fit Any accounting firm that wants to offer payroll services directly to their clients. This cloud-based payroll service is private-labeled and can be configured to meet the needs of different clients. It is also a good fit for firms that would like to work with a... Read more »

Steven M. Phelan

888-999-1366

www.accountantsworld.com

 

2011 Overall Rating 4.5

 

Best Fit

Any accounting firm that wants to offer payroll services directly to their clients. This cloud-based payroll service is private-labeled and can be configured to meet the needs of different clients. It is also a good fit for firms that would like to work with a web-based suite of tax & accounting firm tools.

Strengths

  • The product is all-inclusive with features such as direct deposit, federal & state electronic filing, & employee self-service portals at no additional charge.

  • Client-facing websites can be rebranded to show the Firm’s logo, as well as client company logo.

  • Control of tax filing & paying process, as well as the multi-client dashboard, protect the accountant & client against errors with tax payments.

  • Strong integration with the AccountantsWorld suite of applications.

Possible Limitations

  • AccountantsWorld only sells to practicing accountants, and does not offer a direct sales model where an accountant is not involved in a sale.

Summary & Pricing

AccountantsWorld prides itself in partnering with accounting professionals to offer payroll services through Payroll Relief. The product is specifically designed with accounting professionals in mind and offers features to aid firm profitability. First year pricing for accounting firms is set at a base price of $997 and includes the ability to process an unlimited number of payrolls. Subsequent years are dependent upon the number of payroll runs or paychecks that are processed on an annual basis. A firm processing 10 paychecks or less for a weekly payroll frequency starts at $5.95 per payroll. A per paycheck option is more beneficial for firms processing 1,500 or more paychecks annually, with 25,000 or more paychecks priced as low as $0.50 per paycheck.

Product Delivery Methods

___ On-Premises

_X_ SaaS

___ Hosted by Vendor

 

Basic System Functions 4.25

Reporting & Monitoring 4.25

Integration/Import/Export 4.5

Help/Support 4.25

Client Self-Service Features 4.75

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Tags: Payroll

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Steven M. Phelan

CPA

Steven M. Phelan, CPA.CITP manages an accounting practice based in Oklahoma City, Oklahoma. Areas of practice include taxation, general accounting and technology consulting. He is active within the CPA profession and is a frequent speaker at seminars and conferences throughout Oklahoma. Steven was recently added as a discussion leader for K2 Enterprises where he speaks to CPAs throughout the nation covering a variety of technology topics. Steven is currently a contributing author to the CPA Practice Advisor, where he reviews tax and accounting software solutions. Most recently, Steven was selected as a 2012 Oklahoma Society of CPAs Trailblazer recipient, which recognizes service to the CPA profession and to the community.

View more articles from Steven M. Phelan >

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