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Insperity Announces Launch of SaaS-Based Payroll Services

Insperity Announces Launch of SaaS-Based Payroll Services

Business Performance Solution Offers Dedicated Support, Eases Administrative Burden and Compliance Responsibilities

Insperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutionsfor America’s best businesses, today announced the launch of InsperityTM Payroll Services. This robust Software-as-a-Service (SaaS) payroll solution is designed to help alleviate administrative burdens associated with payroll processing and government-related compliance and provides the premium level support of Insperity’s highly skilled service team. Insperity Payroll Services also offers a seamless integration with three powerful new offerings, including Insperity NetSaverTM, an online 401(k) solution for small businesses a pay-as-you-go workers’ compensation program and HR Essentials, a fully integrated HR platform that assists companies with tracking employee data, important milestones and company property.

“Insperity Payroll Services reflects our deep and long-standing commitment to helping businesses run better, grow faster and make more money,” said Paul J. Sarvadi, Insperity chairman and chief executive officer. “This unique product and service offering is the first of its kind in the payroll industry, and features the power of a comprehensive payroll software solution combined with the full support of the market’s leading business performance services provider. It is the best of both worlds, and illustrates Insperity’s ever-evolving drive to offer our customers premium products and services that help their businesses succeed.”

Unlike other payroll service providers, InsperityTM Payroll Services offers a software solution combined with the support of a dedicated payroll consultant who works with customers from setup through implementation to ongoing service. The consultant helps to ensure employees are entered and coded correctly and that each customer’s payroll system is structured to perform at its best, resulting in a high level of accuracy in payroll processing, reporting and filing.

Insperity Payroll Services is a user friendly SaaS-based application that offers customers stress-free onboarding and includes tax reconciliation and balancing, earning and tax information including W-2s and 1099s available to employees through a robust self-service portal, on-demand customizable reports, direct deposit, CPA access to records and reports, complete online reporting, general ledger export functionality and many other features.

Insperity Payroll Services may be used as a stand-alone solution, or in conjunction with other Insperity offerings, including Time and Attendance, Retirement Services, Insperity NetSaverTM and the pay-as-you-go workers’ compensation program.

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