Ask HN: Direct deposit/ACH processor for payroll?

[matttah]

We do our payroll in-house and currently send checks to our employees. I've been trying to find a company which will do direct deposits for us, however all the solutions I find seem to only work if you do the entire payroll solution with them, and for now we don't need or want to pay for a full service payroll.

I've seen a few ACH services, but they have stated that you cannot use them for payroll and that it is against their TOS.

Any suggestions on an ACH/direct deposit processor that would work for a small company (under 10 employees).

Thanks!

[scratchnsniff]

Probably not the answer you're looking for, but our small company, of 7 full timers and a handful of part timers, switched to Gusto for payroll about a year ago. I know our founder who had previously managed all this himself has saved himself a ton of time and stress. He's generally a frugal person, so if he was won over it's probably worth a look. Since then I've know a few other agencies who have switched to Gusto as well. From an employees perspective I have to say it's been great. I get emails when I get paid, I can easily grab my paystubs, and access to my W-2 without and issue.

[matttah]

I've heard good things about them, for me right now the payroll takes ~30 minutes or so a month with end of quarter payroll taking a little longer to create the 941 forms.

[phren0logy]

I'm solo and I still find gusto to be worth the money. On the rare occasions I've needed to contact them, they have been great.

[auslegung]

I would guess that most banks (especially large ones) offer a way to transfer money online. Can you do that manually, for now, through your company's bank account?

[matttah]

We do the people at the same bank get free transfers, it's out of bank ones is ~5$ per transfer. The bank recommended using viewpost which charges at 50 cents/transfer but from their site they say they should not be used for payroll, and require the other side is registered on their network so it isn't just a routing+accounting numbers push ACH transfer.