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#73

PenSoft is ranked #73 in the Payroll Software For Accountants product directory based on the latest available data collected by SelectHub. Compare the leaders with our In-Depth Report.

PenSoft Benefits and Insights

Why use PenSoft?

Key differentiators & advantages of PenSoft

  • Time-saving: Process quick payments using direct bank deposits to save time and money 
  • Accessible: Increase team communication and allow users to work on high-priority issues on the self-service portal. 
  • Ease of Use: Make the setup process user-friendly to understand and operate using the QuickStart feature and Windows menus. 
  • Flexible: Supports varied combinations of incomes, deductions, taxes, benefits and reports for multiple companies. 

Industry Expertise

The software is suited for small and mid-sized businesses.

Key Features

  • Attendance Management: Track employee working hours, time offs, sick leaves, paid holidays and overtime using timesheets to boost workplace productivity and collaboration. 
  • Self-Service: Allow users to access pay stubs, update personal information, fill forms, read company messages and more on the employee self-service portal for quick communication. 
  • Automated Compliance: Internal tax tables are maintained and updated to ensure accurate payroll processing. Automatically perform tax computations and comply with local, state, federal and territorial taxes and wage requirements to avoid costly penalties and corrections. 
  • Consolidated Payments: se the pay-as-you-go workers' compensation solution to calculate premiums based on real-time factors and actual payroll data. Avoid dual payments by processing the initial and compensation payment at a single time. Submit payroll data on the portal on the day of payroll processing, and the premiums will be debited from the business bank account and credited to the insurance carrier. 
  • Reporting: Get insights into business operations and improve decision-making with the help of robust analytics and consolidated reporting tools. 
  • PayCards: Use environment-friendly, cost-effective electronic PayCards for employees and workers. Get immediate access to employee earnings at locations that accept visas and add new funds to the card on each payday.  

Limitations

At the time of this review, these are the limitations according to user feedback:

  •  Reporting options are exhaustive. 
  •  The user interface isn’t up to the mark. 

Suite Support

mail_outlineEmail and Live Chat: [email protected]. Drop a message in the live chat widget for support.
phonePhone: (757) 873-1199 from Monday to Thursday, 9:00 a.m. to 6:00 p.m. ET and from 9:00 a.m. to 5:00 p.m. ET on Friday.
schoolTraining: Access the online knowledge database or subscribe to the virtual training course.
local_offerTickets: Not mentioned.