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What is PY Payroll?

A vast array of payment options exists, including regular, hourly, salary, and overtime rates, each defined by specific start and end dates. Payment configurations can be tailored to fit designated limits, taking into account pay periods and year-to-date (YTD) calculations. Employees are permitted to have an unlimited number of deductions, which can be scheduled monthly, annually, per pay period, or quarterly, while also ensuring compliance with limits related to pay periods, YTD, and lifetime deductions (LTD). The system efficiently calculates and collects any owed arrears, and users can take advantage of direct deposit for these deductions. Retirement plans like employer-sponsored 401K and 403B options are fully integrated, with adherence to all federal, state, and local tax requirements, including deductions for Social Security and Medicare. Additionally, the platform systematically manages calculations for FUTA and state unemployment taxes. A table-driven framework is utilized to monitor entitlement accruals for vacation days, holidays, floaters, and other approved leaves, with automatic enrollment for eligible employees based on criteria such as seniority or hire date. An exhaustive audit trail captures all accrued benefits along with the time associated with LTD. Moreover, all benefit plans, including medical, dental, and insurance, are designed through a table-driven approach, ensuring that employer contributions are accurately calculated and reported. This thorough framework not only provides clarity regarding financial responsibilities but also fosters transparency in entitlements for both employees and employers. Ultimately, this level of organization enhances workplace satisfaction and trust in the payroll process.

What is Benway?

Built in Brazil for small and medium companies, Benway brings employee records, documents, time off, benefit eligibility and cost tracking together with payroll data prepared for the accountant. HR and payroll teams also run engagement and compliance surveys such as NR-1 (COPSOQ III), climate, eNPS and DISC, and post jobs with AI-assisted screening and a visual hiring pipeline. Multi-company accounts keep each organization's data separate. Everything costs nothing for the companies using it: there are no subscriptions, no employee limits, no credit card and no contract, because partners in the benefits marketplace fund the platform instead.

Media

Media

No images available

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Free
Free. Benway is 100% free for companies, with no plans, no feature limits and no employee cap. No credit card and no contract. It is funded by partners in its Benefits Hub.
Free Version

Supported Platforms

Windows

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
On-Site Training

Training Options

Not specified

Company Facts

Organization Name

EmpowerFinancials

Company Location

United States

Company Website

www.empowerfin.com

Company Facts

Organization Name

Benway

Date Founded

2026

Company Location

Goiânia, Goiás, Brazil

Company Website

benway.com.br/

Categories and Features

Payroll

401(k) Tracking
Benefits Management
Check Printing
Deductions Management
Direct Deposit
Reporting/Analytics
W-2 and 1099 Preparation

Categories and Features

Human Resources

Applicant Tracking
Benefits Management
Compensation Management
Employee Database
Employee Lifecycle Management
Onboarding
Payroll Management
Performance Management
Recruiting Management
Self Service Portal
Time Off Management

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