Folks use skilled employer group (PEO) software program to handle and streamline their staff’ payroll, human sources, advantages administration, and different associated processes. This software program automates and simplifies these duties, making them much less time-consuming and extra environment friendly.
XcelHR is a complete PEO software program answer that gives small- and medium-sized enterprise homeowners with entry to highly effective options. This main software program presents a spread of modules to handle many various HR features.
However how does it stack up towards the competitors? On this article, we take a better have a look at XcelHR and assess its options, pricing construction, and extra.
XcelHR In comparison with the Finest PEO Corporations
At Loopy Egg, we’ve been making an attempt and rating enterprise instruments for some time. Every device we evaluate is put by rigorous checks by our workforce of consultants, from which we decide the merchandise that we name our Golden Eggs—the best PEO companies that set the business customary.
Resourcing Edge is the very best PEO device for many, because of its usability, customizability, and superb options. You can contact Resourcing Edge today for a customized quote.
In the event you don’t have an in-house HR workforce, Justworks is the right PEO software program to take these duties off your fingers. You can start for as low as $59 per month per employee today.
Rising SMBs and scaling firms use Paychex to handle payroll, advantages, and different HR operations. You can contact a Paychex representative to receive a personalized business quote today.
XcelHR, whereas a strong product for SMBs, didn’t fairly make our high record. But it surely nonetheless may be a great match for you, relying in your wants. Let’s take a better have a look at the place it really works effectively and the place it falls brief.
XcelHR: The Good and the Dangerous
All instruments have components we are able to’t reside with out and others that might use some work. Once we take a look at merchandise, we use each function, cross-reference our expertise with buyer evaluations, and punctiliously weigh every device’s execs and cons.
What XcelHR is Good At
Wonderful Compliance Options: Probably the most urgent HR duties is compliance. No matter your business, chances are you’ll want to stick to all types of laws. Compliance studies with XcelHR embrace office security inspections and audits, native and federal taxes, worker information, well being and security laws, and extra, so HR managers can relaxation assured that nothing slips by the cracks.
Strong Payroll Instruments: Guaranteeing staff receives a commission on time is likely one of the HR division’s main tasks. Delayed or deferred funds result in accounting mishaps, worker turnover, and a number of different complications. XcelHR’s payroll options simplify this course of and be sure that funds are correct and well timed. They embrace direct deposit, payroll taxes, garnishment monitoring, and extra superior features like profit monitoring and paid time without work (PTO).
Many HR Admin Options: Compliance simply scratches the floor concerning XcelHR’s HR admin capabilities. Revenue optimization, worker tax administration, worker information and information upkeep, job postings, recruitment monitoring—the record goes on. It’s a one-stop store for all of the HR wants of a company, and so they actually transcend the usual.
Large Array of Advantages Choices: XcelHR supplies small companies with entry to enterprise-level advantages that they’d not sometimes have, plus a spread of nonstandard choices reminiscent of automobile and residential insurance coverage, telehealth providers, pet insurance coverage, authorized counsel, and journey/leisure reductions for workers.
Nice Small Enterprise Help: A strong device that does all of it is strictly what a lean (or nonexistent) HR workforce wants. That is the place XcelHR shines. XcelHR skillfully blends tailor-made buyer experiences and adjustable service choices, creating the best atmosphere for companies to discover a answer that meets their exact wants. That means, they will relaxation assured they aren’t overpaying or underusing their providers. Moreover, XcelHR is a perfect ASO for companies that don’t have the requisite worker rely to turn out to be a PEO. You possibly can benefit from nearly all the advantages of a PEO (suppose payroll administration or compliance help), even when your organization solely has one workforce member!
Works for Authorities Contracting and Federal Compliance: XcelHR supplies authorities contractors with the important sources and steering to make sure compliance with Occupational Security and Well being Administration (OSHA) mandates. This function is particularly helpful for firms that want to remain on high of the most recent necessities in industries like healthcare, aerospace, and protection.
What XcelHR is Missing
Few Enterprise-Degree Options: If in case you have a number of HR professionals on workers, investing in XcelHR is probably not required. If not less than certainly one of them is an skilled and educated Human Sources specialist with a manageable workload, they need to possess all of the perception essential to deal with human resources-related compliance issues and administrative duties. Whilst you’ll nonetheless want to make use of HR software program to streamline your inner Human Sources processes, you’ll almost certainly discover a extra “enterprise-level” HR software program answer higher suits your group.
Dated Consumer Expertise: The UX of XcelHR may use some enchancment. Though the interface is intuitive and simple to navigate, it lacks a sure sleekness that comes with extra fashionable instruments. It’s a super answer for companies seeking to rapidly onboard HR software program with out investing an excessive amount of time or cash within the course of, however should you’re in search of one thing a bit “fancier” or “cleaner,” chances are you’ll need to look elsewhere.
No IRS or ESAC Certification: Sadly, XcelHR just isn’t licensed by the IRS or the Digital Security and Accountability Council (ESAC). Which means that whereas they provide primary payroll automation options, they don’t embrace a few of the superior tax administration capabilities discovered of their costlier or sturdy rivals.
Lack of Cell App Accessibility: Multi-platform accessibility is a key function for a lot of HR software program options. In case your staff primarily use their cell units for work, then XcelHR may not be the only option because it doesn’t have a cell app accessible but. And should you handle your HR duties on the go (as many distant small enterprise homeowners do), you’ll need to look elsewhere for a extra handy answer. Nevertheless, it has an App Retailer/Google Play app designed for iPads and different tablets, which can suffice for some organizations.
No Worldwide Payroll: XcelHR doesn’t provide worldwide payroll options, which could be a deal-breaker for firms with staff exterior of the U.S. If this is a matter for you, then you definately’ll need to look into different HR software program options that provide international entry and assist.
No Gig Economic system Flexibility: XcelHR just isn’t a great match for companies with gig staff or impartial contractors, as their system doesn’t provide any flexibility concerning the sort of labor. You’ll must look into different HR software program options that present higher assist and visibility if managing gig staff is a big a part of your position.
XcelHR Choices and Pricing
XcelHR has two pricing fashions, and which one you find yourself going with is dependent upon your small business dimension and the scope of your HR necessities. XcelHR presents the choice to pay a per-employee charge or share of your gross payroll, making its pricing customizable for every enterprise. There is no such thing as a one-size-fits-all value related to their providers.
Basically, although, XcelHR is greatest suited to small companies with a couple of staff and simple HR wants. For that group of enterprise homeowners, XcelHR supplies advantages from main insurance coverage firms that they wouldn’t usually have entry to, which will help them supply extra aggressive expertise and entice top-level staff.
The corporate has many further options, like job description writing, resume parsing, worker screening, authorities contractor compliance, and HR revenue optimization workflows. However the buck stops there—when you’ve got superior HR wants, a world workforce, or current HR infrastructure in place, you’ll must look elsewhere for a extra complete HR software program answer.
ASO and PEO Options
An Administrative Companies Group (ASO) supplies administrative providers reminiscent of payroll processing, worker advantages administration, and compliance help. A Skilled Employer Group (PEO) additionally presents these providers however goes a step additional by offering entry to further sources like human useful resource consulting, danger administration recommendation, authorized counsel, recruitment assist, and extra.
Each kinds of organizations present invaluable providers that may assist streamline your inner HR processes, and most of the PEO options that XcelHR are additionally accessible to their PEO clients.
Sometimes, companies that qualify for PEO providers have a number of staff, want extra complete HR providers, and/or require specialised compliance help. Corporations needing primary payroll automation or want to outsource their HR administration may be higher off utilizing XcelHR’s ASO choices.
Payroll and Tax Companies
XcelHR’s software program contains primary automated payroll providers, the place you may arrange your small business’s payroll info and submit it to the IRS for submitting. This handy function saves you time manually submitting paperwork and helps keep away from potential compliance points.
Payroll providers embrace payroll processing, wage garnishment administration, direct deposit setup, job costing, and extra. In addition they provide tax submitting providers, together with W-4 administration, state withholding kinds administration, quarterly 941 filings, W-2/W-3 preparation and submitting, and CCPA/IRS compliance.
The HR dashboard retains a file of all payrolls and tax filings, making it straightforward to evaluate and monitor your organization’s monetary well being. It additionally integrates with QuickBooks and plenty of different accounting software program packages, permitting small enterprise homeowners and HR professionals to rapidly sync their monetary information.
HR Administration
All enterprise homeowners want HR, particularly in the event that they don’t have any current infrastructure to assist them handle their staff. XcelHR presents a complete HR answer with options like applicant monitoring, job description creation, worker onboarding and offboarding, worker efficiency administration, and plenty of different HR features.
Extra minor options like worker anniversary monitoring and white-label coaching modules are additionally accessible for all plans, permitting companies to create personalized worker coaching plans.
As a small enterprise proprietor, it’s typically arduous to compete with bigger firms’ streamlined workflows, distinctive advantages, and intensive sources. XcelHR’s administration platform helps them bridge the hole.
Danger Administration
Danger administration turns into a crucial precedence if a company operates in a regulated business or presents hazardous supplies. XcelHR’s employee’s compensation, employer legal responsibility, and well being & security administration modules assist companies assess their danger ranges, create complete security compliance packages, and defend themselves from potential authorized legal responsibility.
The platform additionally lets organizations pay as they owe for employee’s comp premiums as a substitute of requiring them to pay a lump sum upfront. That is nice for companies which are simply beginning out and don’t have the sources to cowl excessive upfront prices.
As beforehand talked about, XcelHR’s wonderful security auditing and danger administration options are additionally accessible to their ASO clients, so even the smallest of companies can use a few of the greatest risk-management instruments of their area of interest.
Worker Advantages
All organizations that rent full-time staff want to supply advantages packages for his or her staff. One of many best challenges for small companies is the added value of administering these advantages (or the shortage of entry to them altogether). With XcelHR, companies can provide aggressive advantages packages with out having to dedicate additional time or sources to managing them.
Along with customary advantages like well being, dental, and imaginative and prescient insurance coverage, XcelHR additionally helps HSA administration, versatile spending accounts, dependent care accounts, commuter advantages, and extra. It additionally leaves the door open for annual fee negotiation so small companies can get the very best offers for his or her staff.
Expertise Acquisition
Along with making expertise acquisition simpler by taking some weight off of HR groups and serving to them present aggressive advantages, XcelHR additionally presents useful options like job board postings and candidate sourcing. This makes it simpler for companies to seek out the suitable candidates for his or her open positions with out paying exorbitant charges to recruiting companies or job boards.
XcelHR additionally makes onboarding new staff extra environment friendly by giving them entry to key info rapidly, reminiscent of worker handbooks, tax kinds, and different paperwork.
As optionally available add-ons, firms can go for recruitment help, drug testing, potential worker cellphone screening, {and professional} resume evaluations, amongst an extended record of different useful providers. For firms with none recruitment technique, XcelHR may present assist from skilled HR personnel.
Software program Options
XcelHR has a set of software program instruments that seamlessly combine to simplify your complete HR course of. With XcelHR Join, companies can join their payroll, advantages, and HR information in a single place, permitting them to handle all worker recordsdata rapidly and simply from a single platform.
XcelHR additionally companions with JazzHR, a recruitment system that helps companies discover and handle the candidates they want. Not solely does JazzHR assist companies with recruitment, nevertheless it additionally offers them highly effective applicant monitoring options to maintain your complete course of organized.
For time monitoring, Timeco makes clocking in as straightforward as attainable—staff can clock out and in from their laptops, desktops, tablets, or cellphones. The software program additionally integrates with XcelHR Join to make sure payroll is all the time up-to-date.
XcelHR in Abstract
PEO software program is utilized by many companies to handle and streamline payroll, HR, advantages administration, and different associated processes. If your organization is seeking to outsource and automate a few of these duties, XcelHR is probably a great answer.
If it doesn’t meet your wants, try a few of the top PEO companies accessible we found based mostly on our analysis. Resourcing Edge, Justworks, and Paychex are high contenders and could also be higher suited to your wants.
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