OnPay provides an integrated HR software platform that combines payroll processing, human resources management, and employee benefits administration for small and medium-sized businesses. This solution streamlines administrative tasks, reduces compliance risks, and enhances employee engagement by centralizing essential HR functions.
Funding
$63M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Small and medium-sized businesses often struggle with the complexities of managing payroll, human resources, and employee benefits, leading to administrative burdens and potential compliance issues. Juggling these tasks manually or with disparate systems can be time-consuming and error-prone.
Solution
OnPay offers a unified HR software platform that streamlines payroll processing, human resources management, and employee benefits administration, enabling SMBs to focus on core business activities. The platform automates payroll tax calculations and filings, simplifies hiring and onboarding, and provides tools for managing employee time off and benefits. By centralizing these essential HR functions, OnPay reduces administrative overhead, minimizes compliance risks, and improves employee engagement through self-service capabilities. The system integrates with popular accounting software and offers expert support to ensure accurate and efficient HR management.
Target Audience
OnPay is designed for small and medium-sized businesses across various industries, including restaurants, farms, nonprofits, and professional services, that need a comprehensive and user-friendly HR and payroll solution.
Features
- Automated payroll processing for W-2 employees and 1099 contractors with unlimited pay runs
- Automatic calculation, filing, and payment of federal, state, and local payroll taxes
- Direct deposit, check printing, and prepaid debit card payment options
- Integrated HR tools for hiring, onboarding, and document management with e-signature capabilities
- Employee self-service portal for accessing pay stubs, tax forms, and updating personal information
- PTO management with customizable accrual policies and automated tracking
- Benefits administration, including health insurance, workers' compensation, and 401(k) integration
- Customizable reporting tools for payroll, HR, and benefits data
- Mobile-friendly access for payroll processing and employee management on the go
- Integration with QuickBooks, Xero, and other accounting and time-tracking software