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Symmetry Software’s Payroll Point Helps BCD Travel Determine the Right Payroll Taxes

September 30, 2013

Symmetry Software, specialists in payroll withholding tax solutions for the internet and corporate intranets, published a case study showcasing the accuracy and efficiency with which BCD Travel, a premier global corporate travel management company, captures and reports state and local tax information to set up withholding for each of their 4,000 U.S.-based employees.

Scottsdale, AZ (PRWEB) September 30, 2013

Prior to using Symmetry’s Payroll Point and Tax Notification Service, BCD Travel’s payroll department had to constantly be on the lookout for changes in local tax requirements and employees’ addresses to ensure that each employees’ withholding settings were accurate and up-to-date and that they were in compliance with reporting obligations.

Symmetry Software’s Payroll Point Pro has streamlined and automated the process of determining which state and local taxes apply to each employee. Linda Adams, Assistant Manager Tax and General Ledger estimates that with Payroll Point her time researching local taxes has been cut in half. Another benefit of the tax look-up tool that geocodes addresses, pinpoints rooftops, and then determines tax amounts based on thousands of geospatial boundaries issued by state and local jurisdictions is that BCD Travel now receives fewer W2 correction forms during tax season.

“For payroll people trying to hit a moving target with payroll tax information that gets more and more complicated each year, Payroll Point is a lifesaver,” Adams exclaims. Payroll Point has also allowed BCD Travel’s payroll department to better serve their employees with a faster turnaround on paycheck calculations. The company also uses the batch feature of Payroll Point to ensure compliance with Pennsylvania Act 32 guidelines.

To see more examples of how BCD Travel has used Symmetry Software products to automate and enhance its payroll operations, visit http://www.symmetry.com/pages/customer_stories.php.

About Symmetry Software

Symmetry Software simplifies the payroll process with our dependable and accurate payroll withholding tax solutions. Our team of software engineers and taxation experts provide innovative, regulatory compliant payroll software products including the Symmetry Tax Engine®, Symmetry Payroll FormsTM, Payroll Point®, and PaycheckCity® calculators. Since 1984, Symmetry Software has been helping clients get the right taxes, the first time.

For the original version on PRWeb visit: http://www.prweb.com/releases/payroll/taxes/prweb11173899.htm


Source: prweb



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