BSI eFormsFactory™
Your online payroll tax forms solution
Simplify the cumbersome task of managing and producing W-4s and W-2s with an automated system that relieves employers of related administrative burdens and compliance challenges.
Employees are provided self-service access to online payroll tax forms through BSI eFormsFactory, an on-demand SaaS solution. Employers are provided a console to manage and process these forms online.
Unlike other solutions, BSI eFormsFactory can be fully integrated with your payroll system to maximize efficiency and reduce expenditures for organizations of all sizes.
BSI eFormsFactory offers:
Employee Withholding Allowance Certificates
(Federal W-4, State/Local equivalents)
- Forms include validation rules and auto-calculating worksheets to prevent errors
- Applicable forms for each employee are returned
- Convenient online form processing
- Automatic export of form data
- Automated employee email notifications
- Federal Lock-in Letter management
Employee W-2s
(electronic and print)
- Data files are easily imported to automatically generate W-2s
- Employers can preview W-2s prior to posting to the Web
- Access to current and historical W-2s
- File is created for print W-2s
- Automated employee email notifications
- Employee opt-in/out management
Online payroll tax forms features/benefits:
Streamlined Processes and Increased Efficiency
BSI eFormsFactory integrates with internal systems and automates processes to eliminate time spent on manual processes such as data entry. By minimizing these tedious functions, HR/Payroll staff can focus on more critical activities.
Convenient Self-service Access
Employees can easily access online payroll tax forms, reducing the need for assistance from HR/Payroll staff. At their convenience, employees may complete and submit required and supplementary W-4 forms online and access electronic copies of current and prior W-2s. Employer benefits include centralized online management and processing of forms and employee information.
Reduced Expenses Related to Paper Handling
With BSI eFormsFactory, employers can save resource expenditures spent on inefficient paper-based processes. Eliminating expenses of paper, printing and physical storage results in significant cost reductions for your HR/Payroll department. In addition to more efficient form processing, this economical solution includes electronic form storage and simplified form retrieval.
Minimized Errors and Improved Compliance
Data is imported directly from your internal system, resulting in the population of current information on W-4s and W-2s. This streamlines the flow of information associated with these forms and significantly reduces the margin for error. As a result, fewer forms require resubmission and accuracy and compliance are improved.