Read the full story on VentureBeat
ZenPayroll focuses on one key business process and does it well: payroll.
This Y Combinator-backed company presents an easy signup process: Administrators enter data about employee hours, overtime pay, bonuses, and reimbursements, and the platform automatically calculates and pays your state and federal payroll taxes. It also enables direct deposit and gives employees direct access to their pay stubs, pay history, and information. More...
A second Y Combinator financial services startup with “zen” in the title, Zenefits' speciality is, you guessed it, paperwork-free benefits.
Benefits are extremely complicated and confusing. Zenefits makes it super easy to set up group benefits programs for employees, including medical, dental, vision, 401(k), and stock options. Rather than replacing an accountant, Zenefits is more of a replacement for an HR representative, although it also takes care of payroll. More...