Overview of Central: Comprehensive HR and Compliance Management for Startups
Central is a specialized HR platform designed to streamline payroll, benefits, and government compliance for startups. By automating critical back-office operations, Central allows startup founders and their teams to focus more on product development and business growth without the distraction of administrative tasks.
Key Features
Payroll Services
- Employee and Contractor Payments: Central enables startups to send offers and process payments for employees across all 50 U.S. states and for contractors in over 200 countries.
- Tax Withholdings and Filings: The service handles all necessary payroll tax withholdings and filings, ensuring compliance with federal and state regulations.
- Comprehensive Payroll Management: Includes offer letters, onboarding suites, reimbursements, bonuses, and the generation of paystubs, W2s, and 1099s.
- Integration: Seamlessly integrates with accounting software like Quickbooks and Puzzle.
Benefits Management
- Insurance Plans: Offers access to top insurance carriers providing medical, dental, and vision plans tailored to each companyβs needs.
- Retirement and Additional Benefits: Includes setup for 401(k) plans through Guideline, as well as life and disability insurance.
- Automated Deductions: Automates payroll deductions for benefits, simplifying the process for employers.
- Expert Setup Assistance: Provides easy setup with guidance from benefits experts.
Government Compliance and Communication
- Automated Registrations and Filings: Handles all necessary payroll state registrations and government filings.
- Monitoring and Reporting: Monitors government mail and manages workers' compensation per state, foreign qualifications, and BOI reporting to FINCEN.
- Local Compliance: Ensures compliance with other state and city-specific registrations.
Integration with Slack
- Central integrates with Slack, allowing users to manage HR and finance tasks directly from the messaging platform. This includes retrieving company information, updating employee details, tracking offers and onboarding processes, adjusting salaries, and understanding paystubs.
Pricing
- Central offers its services at a rate of $50 per member per month.
User Testimonials
- The platform has received positive feedback from multiple startup founders, noting its efficiency in handling HR and compliance tasks, which significantly reduces the administrative burden and risk for new companies.
Trial and Onboarding
- Central offers a free 30-day trial and promises a quick onboarding process, claiming it can migrate services from other providers in just 15 minutes.
Central is a crucial tool for startups looking to minimize the time and effort spent on non-core business tasks, thereby preventing potential fines and legal issues through ensured compliance.
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