Wagepoint is a cloud-based payroll software designed to simplify payroll processing for small and medium-sized businesses in Canada and the United States. It automates the tasks involved in paying employees and contractors, ensuring businesses remain compliant with government regulations while saving time and reducing errors.

With Wagepoint, businesses can:

• Calculate and pay employee wages accurately

• Deduct and remit payroll taxes (including CPP, EI, and income tax in Canada)

• Generate and file year-end tax forms, such as T4s and ROEs in Canada or W-2s and 1099s in the U.S.

• Direct deposit payments into employees' bank accounts

• Track paid time off (PTO) and statutory holiday pay

Wagepoint also integrates with popular accounting software like QuickBooks Online and Xero, allowing for seamless syncing of payroll data with a company’s books.

Designed with a user-friendly interface, Wagepoint is ideal for business owners and managers who may not have a background in payroll or accounting. It handles all compliance requirements, including provincial and federal remittances, so users can focus on running their business.

In summary, Wagepoint offers a simple, reliable, and efficient solution for managing payroll, making it a valuable tool for businesses looking to streamline their HR and accounting processes.