The Howdy Glossary

Paychex Preview is a comprehensive cloud-based payroll platform designed for small to medium-sized businesses, offering a variety of features including onboarding tools, time and attendance tracking integration, employee self-service capabilities, tax preparation options, and risk mitigation services such as workers' compensation. The platform ensures accurate payroll calculations, detailed pay stubs and reports, direct deposit facilitation, compliance with local tax authorities, and multiple payment distribution options like check signing services. Developed by Paychex, Inc., which has nearly five decades of experience in providing payroll services and HR solutions, Paychex Preview aims to streamline payroll operations while maintaining efficiency and accuracy.

The platform stands out with its unique set of features that integrate various aspects of HR management into the payroll process. These include streamlined hiring processes through onboarding tools, accurate payroll calculations via time and attendance tracking integration, increased efficiency through employee self-service capabilities, and ensured compliance with tax preparation options. In addition to these integrated functionalities are risk mitigation services like workers' compensation along with multiple payment distribution methods including check signing services. This combination makes Paychex Preview an all-encompassing solution aimed at meeting the diverse needs of small to medium-sized businesses effectively.

Paychex Preview also distinguishes itself in the competitive market through its user-friendly interface designed for business owners, HR managers, payroll administrators, and employees involved in workforce management tasks. Competing platforms such as ADP Workforce Now, Gusto, QuickBooks Payroll, Zenefits,and Namely offer similar functionalities but vary in pricing structures and specific features. However,Ppaychex Preview's comprehensive approach integrates payroll processing with extensive HR features within a single cloud-based system,reducing errors while ensuring compliance,and leveraging Paychex's long-standing industry expertise.This positions it as a highly competitive choice for businesses looking to optimize their workforce operations efficiently within budget constraints.