Wagepoint Payroll: Review, Features, and Pricing
Wagepoint Payroll: Review, Features, and Pricing
Wagepoint is more than your traditional payroll processing provider; it combines time and attendance tools and integrations with its payroll features to provide you with a solid online platform to manage your business and organize your employees’ data. Continue reading our full review to know everything Wagepoint has to offer.
Wagepoint has been providing payroll services for its customers for over 16 years; it has earned an A+ rating and accreditation from the Better Business Bureau. In addition, customer reviews have praised their customer support team for their availability and usefulness in helping with their inquiries and problems.
Wagepoint offers more than online payroll processing; it organizes your company’s data for easy access and retrieval, such as employee’s paystubs, deductions, and or any other record. Wagepoint will also automate your tax filing, including W-2s, 1099s, and end-of-year reporting.
Wagepoint Payroll Features
Wagepoint provides you with automated salary calculation and payroll processing through its online portal. It is very easy to use and has built-in tips and guides. In addition, you get access to world-class support.
You can schedule your payroll runs to the timing that suits you either monthly, bi-weekly, or weekly, and Wagepoint will provide you with detailed reports on each payroll run, in addition to the new hire and quarterly wage reports. You can also customize incomes and deductions for benefit plans such as worker’s compensation or 401 (k) and health insurance.
Wagepoint allows you to sort your employees into ‘paygroups’ and schedule different payroll runs for each without having to manually process runs for a different kind of employee; Wagepoint will do it all for you.
Wagepoint uses industry and bank-grade encryption levels to secure its data, and it provides two-factor authentication for payroll administrators for extra account security.
Wagepoint offers its own time tracking and attendance tool, Track, where you can seamlessly measure your employees’ working hours and sync them with its payroll processing. Track is exclusively available for Wagepoint users, and as soon you start using it, it will automatically import your employee data, so you only have to choose an overtime rule, your timecards or timesheets, and which employees will be using Track.
Your employees can use their laptops, tablets, or smartphones to clock in and out, and when the timesheets are available to be reviewed, managers will be notified for approval. Then, after working hours have been approved, with a single click, you can import them for payroll.
Similar to Track, Luna is also exclusive to Wagepoint customers. It is a PTO application designed to simplify your paid time off management. It will allow you to create and customize paid time off plans, to easily watch leave hours accrue.
With Luna, your employees can easily request time off, vacations, sick and personal days straight from their accounts. Managers will be notified instantly when a request is made, and they can approve or deny it at their own leisure. In addition, no extra data entry is required when you set up Luna, as it will automatically sync your employee data, so you only have to choose or create their PTO plans.
Wagepoint allowed for third-party integrations of the best accounting, attendance and paid time off, and hour importing software, like Intuit QuickBooks, Xero, 7Shifts, and many more. Each third-party integration may have its own subscription and pricing that you might need to sign up for.
Wagepoint Plans and Prices
Wagepoint is not very transparent with its pricing for its payroll software; it offers a calculator on its website where you can input your number of employees and payroll frequency, and it will provide you with your price.
For example, if your company has 50 employees that you pay on a monthly basis, your cost per payroll will be $120.
However, it provides clear pricing for its Track and Luna applications. For 1-6 users, you get a flat fee of $20 per month, and for more than 7 users, you are charged $3 per month per active user.
You can reach the customer support team in several ways, such as email, phone, or through its online messaging form.
For general inquiries, you can reach them at [email protected] or call at 1-877-757-2272.
To contact sales: [email protected]
Customer support: [email protected]
Marketing and media: [email protected]
Wagepoint is a solid standalone online payroll-processing provider; it provides all the necessary automated pay calculations and tax filing. You also get exclusive time tracking and paid time off management applications that seamlessly sync with Wagepoint’s software, so you are readily equipped with all the tools you need to manage your business and employees.
Prices for Wagepoint are not clearly advertised, instead you are provided with a calculator where you input the number of your employees and payroll frequency to calculate your price.
Luna and Track cost $20 per month each for up to six employees and $3 per month per active user for over seven employees.
Yes, you can schedule and automate your payroll runs to your liking, and create paygroups to pay select employees at different times if your business requires it.
Yes, Wagepoint has been in business for over 16 years and has earned an A+ rating from the BBB.
Yes, while benefits administration tools are lacking from Wagepoint, you still can customize each employee's deductions according to their enrolled benefits plans.