Average Ratings 0 Ratings
Average Ratings 7 Ratings
Description
There is a limitless variety of payment types available, such as regular, hourly, salary, and overtime rates, with effective start and end dates for each pay rate. Payment structures can be configured to adhere to specific limits based on pay periods and year-to-date (YTD) calculations. Each employee can have an unlimited number of deductions applied, with the flexibility to set their frequency as monthly, annually, per pay period, or quarterly, while also adhering to limits based on pay periods, YTD, and lifetime deductions (LTD). The system is capable of calculating and collecting any arrears owed. Additionally, direct deposit options can be utilized for any deductions made. Retirement plans, including employer-sponsored 401K and 403B options, are fully supported, along with compliance for all federal, state, and local taxes, including Social Security and Medicare deductions. Furthermore, calculations for FUTA and state unemployment taxes are systematically managed. The platform features a table-driven definition for tracking entitlement accruals for vacation days, holidays, floaters, and other approved leaves, with automatic enrollment for employees based on qualifications determined by seniority or hire date. An extensive audit trail is maintained for all accrued benefits and the time taken related to LTD. The setup for all benefit plans, including medical, dental, and insurance, is also table-driven, ensuring that employer-paid benefits are automatically calculated and accurately reflected. This comprehensive approach ensures that both employees and employers have a clear understanding of their financial obligations and entitlements.
Description
Our platform for financial and health benefits, funded by employers, equips contractors with crucial resources for both their business and well-being. Funds are securely allocated from their earnings into an FDIC-insured account. By answering a few simple questions, contractors can quickly find out their federal and state tax obligations. They can link their bank accounts to seamlessly monitor their income and pinpoint deductible business expenses. When tax season arrives, they can easily export their financials in a tax-ready format. Additionally, it's possible to establish retainer agreements with clients, implement late payment fees, and oversee the allocation of processing fees. While contractors must manage their own insurance, they can benefit from peace of mind through discounted group rates for Health, Vision, and Dental insurance. All these features are conveniently accessible and managed via Wingspan, ensuring a user-friendly experience. This comprehensive approach not only simplifies financial management but also helps contractors focus on what they do best.
API Access
Has API
No
API Access
Has API
Yes
Integrations
ADP HR Pro
No
Airtable
No
BambooHR
No
Checkr
No
Docusign
No
FreshBooks
No
Google Sheets
No
Gusto
No
Namely
No
NetSuite
No
Integrations
ADP HR Pro
Yes
Airtable
Yes
BambooHR
Yes
Checkr
Yes
Docusign
Yes
FreshBooks
Yes
Google Sheets
Yes
Gusto
Yes
Namely
Yes
NetSuite
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
EmpowerFinancials
Country
United States
Website
www.empowerfin.com
Vendor Details
Company Name
Wingspan
Website
www.wingspan.app/
Product Features
Payroll
401(k) Tracking
Yes
Attendance Management
No
Benefits Management
Yes
Check Printing
Yes
Compensation Management
No
Deductions Management
Yes
Direct Deposit
Yes
Multi-Country
No
Multi-State
No
Reporting/Analytics
Yes
Self Service Portal
No
Tax Compliance
No
Vacation / Leave Tracking
No
W-2 and 1099 Preparation
Yes
Wage Garnishment
No
Product Features
Contractor Management
Contractor Database
No
Insurance Tracking
No
License Tracking
No
Permit Tracking
No
Skills & Competencies
No
Task Management
No
Work Hour Tracking
No
Payroll
401(k) Tracking
No
Attendance Management
No
Benefits Management
No
Check Printing
No
Compensation Management
No
Deductions Management
No
Direct Deposit
No
Multi-Country
No
Multi-State
No
Reporting/Analytics
No
Self Service Portal
No
Tax Compliance
No
Vacation / Leave Tracking
No
W-2 and 1099 Preparation
No
Wage Garnishment
No