Best Payroll Software for Talent.com

Folks Payroll is designed exclusively for Canadian payroll regulations, distinguishing itself from US platforms that have been modified for Canadian use. It streamlines tasks such as automating CRA remittances, generating T4 and RL-1 slips, filing ROEs with Service Canada, and managing deductions for CPP, QPP, CPP2, and EI. It also handles multi-provincial income tax calculations and compliance with WSIB and WCB, Ontario EHT, and offers direct deposit capabilities. Employee information, hours worked, and absence records are seamlessly transferred from Folks HRIS to payroll, which minimizes the need for duplicate data entry and helps reduce errors in every payroll cycle. Furthermore, it holds a SOC 2 Type 2 certification and ensures that all data is securely stored in Canada, compliant with PIPEDA and Law 25, thus exempt from the US CLOUD Act. The platform supports both English and French languages and does not require any external payroll service providers.