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Average Ratings 0 Ratings
Description
FRIDAY serves as a cloud-based solution for payroll and team management, specifically designed for the needs of small businesses. It allows employers to easily process both standard and off-cycle payrolls while enabling direct deposits or paper checks for employees and contractors alike, alongside managing various financial aspects like bonuses, commissions, reimbursements, deductions, overtime, and unique earnings.
The platform automates the calculation and filing of payroll taxes across federal, state, and local levels, and it generates essential tax documents such as W-2 and 1099 forms. Additionally, FRIDAY offers features for employee onboarding, secure document collection, pay stubs, tax forms, and maintains employee records, all accessible through user-friendly web and mobile applications.
Employees benefit from flexible clock-in options via mobile devices, desktops, or tablet kiosks, utilizing GPS, clock-in photos, or facial recognition for accuracy. Employers can efficiently oversee timecards, overtime, paid time off, accruals, approval processes, and team communication all in one place. Furthermore, FRIDAY seamlessly integrates with QuickBooks, providing accountants and bookkeepers with a specialized portal to manage numerous clients, generate reports, handle filings, and prepare year-end documentation, ensuring comprehensive support for financial management. This combination of features makes FRIDAY an invaluable tool for small businesses striving to streamline their payroll and team management processes.
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.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Integrations
QuickBooks Online
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
FRIDAY
Founded
2022
Country
United States
Website
fridayapp.com
Vendor Details
Company Name
EmpowerFinancials
Country
United States
Website
www.empowerfin.com
Product Features
Payroll
401(k) Tracking
Attendance Management
Benefits Management
Check Printing
Compensation Management
Deductions Management
Direct Deposit
Multi-Country
Multi-State
Reporting/Analytics
Self Service Portal
Tax Compliance
Vacation / Leave Tracking
W-2 and 1099 Preparation
Wage Garnishment
Product Features
Payroll
401(k) Tracking
Attendance Management
Benefits Management
Check Printing
Compensation Management
Deductions Management
Direct Deposit
Multi-Country
Multi-State
Reporting/Analytics
Self Service Portal
Tax Compliance
Vacation / Leave Tracking
W-2 and 1099 Preparation
Wage Garnishment