Insperity Announces Launch Of SaaS-Based Payroll Services

Insperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutions for America’s best businesses, today announced the launch of Insperity TM 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 NetSaver TM, 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, Insperity TM 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 NetSaver TM and the pay-as-you-go workers’ compensation program.

Insperity, a trusted advisor to America’s best businesses for more than 26 years, provides an array of human resources and business solutions designed to help improve business performance. Insperity TM Business Performance Advisors offer the most comprehensive suite of products and services available in the marketplace. Insperity delivers administrative relief, better benefits, reduced liabilities and a systematic way to improve productivity through its premier Workforce Optimization™ solution. Additional company offerings include Human Capital Management, Payroll Services, Time and Attendance, Performance Management, Organizational Planning, Recruiting Services, Employment Screening, Financial Services, Expense Management, Retirement Services and Insurance Services. Insperity business performance solutions support more than 100,000 businesses with over 2 million employees. With 2011 revenues of $2 billion, Insperity operates in 56 offices throughout the United States. For more information, visit  http://www.insperity.com.

Copyright Business Wire 2010

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