PrimePay is a human capital management (HCM) platform that enables businesses of all sizes to effectively manage payroll and human resources (HR). It offers diverse features and return on investment (ROI) calculators that help employers make insightful decisions. The software is certified by the American Institute of Certified Public Accountants (AIPCA) and Security Operations Center (SOC), offering advanced data security measures.
PrimePay Pricing Plans: A Complete Breakdown
PrimePay offers flexible pricing plans for small and large businesses. Depending on their workforce size and immediate requirements, companies can choose a plan and streamline administrative tasks. The details of these plans are:
For Small Businesses
- Payroll Essentials
- Payroll And Time Essentials
- HCM Essentials
For Large Businesses
- HCM Pro
- HR Pro
- HCM Premium
All plans offer extensive features along with add-ons. The details of these plans are as follows:
Payroll Essentials
As the name suggests, the Payroll Essentials plan offers extensive payroll services and helps administrators manage financial information effectively.
- Features: For this plan, the software offers unlimited payroll, tax filing, electronic garnishments, workers' compensation administration, employee mobile app, and more. It also provides additional features for an extra cost, such as multi-state payroll, labor compliance kit, advanced scheduling, geofencing, etc
- What’s Not Included: This plan does not include advanced workforce management features, such as automated employee recordkeeping and standard workflow tools
- Best Suited For: The Payroll Essentials plan is an ideal choice for small and medium-sized businesses looking for comprehensive payroll management and data-driven insights
Payroll And Time Essentials
The Payroll And Time Essentials plan helps companies by offering advanced payroll processing and time management tools. Employers can track employees’ time and attendance to make accurate payroll decisions.
- Features: This plan includes all Payroll Essentials features, such as bank reconciliation, time-off management, file import tool, new hire reporting, etc. Like the Payroll Essentials plan, it also offers advanced features at extra cost, including learning and development, employment verification, phone support, and more
- What’s Not Included: The Payroll And Time Essentials plan does not offer HR reporting and insights, PrimePay perform, and open API, which may impact administrators' workflow and efficiency
- Best Suited For: It is a good choice for small and medium-sized businesses looking for extensive financial management
HCM Essentials
This plan offers tools that ensure accurate payroll management, compliance, employee management, and workforce expansion through effective onboarding.
- Features: It offers all Payroll And Time Essentials features, plus automated employee recordkeeping, employee onboarding, and document storage. It also provides access to additional tools, such as ERISA and COBRA compliance, applicant tracking, labor compliance kit, and more, helping businesses manage tasks seamlessly
- What’s Not Included: The HCM Essentials plan does not offer certain functionalities, such as open API functionality, standard workflows and approvals, etc. Its lack of benefits administration and other essential tools may hinder workflow optimization and productivity for employers
- Best Suited For: It is ideal for medium and large-sized businesses looking for efficient payroll and employee data management
HCM Pro
Businesses can track applicants, onboard new employees, and integrate PrimePay’s open API with other platforms. It helps managers efficiently store and manage workforce records.
- Features: The HCM Pro plan includes all features of the HCM Essentials plan, plus standard workflows and approvals. It also provides users access to an open API, new hire reporting, set-up consultant – payroll and HR, etc. Additionally, the plan offers additional features for an extra fee, which include custom workflows, applicant tracking, data history, premium support, and more
- What’s Not Included: The plan does not offer direct-to-carrier data transfer, enrollment wizard, electronic acknowledgment, rules-based life events, etc
- Best Suited For: Organizations looking for efficient payroll and HR management can benefit greatly from the HCM Pro plan
HR Pro
PrimePay offers an HR Pro plan for large businesses that helps them manage end-to-end human resources tasks. It also empowers employees to access, view, and edit information for streamlined record-keeping.
- Features: The HR Pro plan offers all the tools required to effectively manage administrative functions, such as the employee self-service portal, file import tool, employee onboarding, and more. For an additional cost, it also provides tools like learning and development, applicant tracking and job posting, and customer portal
- What’s Not Included: The plan lacks payroll features, such as multi-state payroll, direct deposit and debit card, bank reconciliation, etc. Additionally, the absence of time and attendance tracking and benefits administration may affect workflow efficiency
- Best Suited For: HR Pro is suitable for organizations aiming to effectively manage HR tasks, such as job posting and employee onboarding, payroll reporting, and a 24/7 help center
HCM Premium
Lastly, the platform offers a comprehensive pricing plan that provides both HR and payroll features. Employers can seamlessly manage all workforce tasks while gaining data-driven insights to make informed decisions.
- Features: The HCM Premium plan offers an extensive suite of HR, payroll, time and attendance, and reporting tools. Businesses can also access multi-state payroll, labor compliance kit, and more for an extra cost
- What’s Not Included: It does not provide document storage, electronic acknowledgment, and interactive organization chart tools
- Best Suited For: This plan is an ideal choice for organizations looking for a comprehensive solution for administrative, workforce management, and payroll functions
Add-Ons: The platform offers benefits compliance, labor law posters, BCB and Affordable Care Act (ACA) reporting, 24/7 legal assistance, etc., for all pricing plans
How To Choose A PrimePay Plan For Your Business?
With different plans available, selecting one for your company can be challenging. However, you can easily choose a plan that caters to your requirements by analyzing certain factors, such as your business size and the features you are looking for. Are you still not sure about a plan and need personalized guidance? Get in touch with us today!