Vendor:
Founded:
Headquarters:
Namely
2012
New York
Customers:
Deployment Model:
Free Trial:
1,200+
Cloud
Yes
Namely At A Glance
Product Overview
Namely is an all-encompassing, Web-based human resource management system (HRMS) that streamlines the tasks related to key HR functions. This review will focus on its payroll features. For more information about the full suite, read our Namely HRMS review.
Namely is a single-platform solution that allows users to easily move between HR-related tasks.
The payroll module is a full-service payroll tool that can fully integrate with HR and benefits data. This not only saves time when entering and updating critical information, it also reduces paperwork errors on important forms for taxes, time sheets and more.
Features
Namely’s payroll tools can simplify a company’s paydays with the following four elements:
1.) Full-Service Payroll System
The full-service system connects to a HR solution, making it easy to enroll new employees by pulling information collected during onboarding.
Since employee profiles are automatically synced with payroll, updating employee statuses is simple to do with just a few clicks. The software also automatically calculates payroll deductions and employer payroll taxes by syncing information with the benefits tools.
2.) Tax Filing & Compliance
To keep the company in full compliance, Namely automatically calculates and deposits local, state and federal taxes. For more peace of mind, Namely also generates and sends key tax documents like W-2s and 1099s, as well as summarizes year-end payroll and tax information.
Additionally, the software provides paycheck modeling, which shows payroll deductions in a clear format for employees to understand how the deductions affect paychecks.
3.) Payroll Reporting
The payroll reporting tools easily give the HR department a 360° view of critical data related to their employees and their impact on company costs, including hours worked, payroll deductions, employee turnover and more.
4.) Time Management
Namely’s time and attendance system allows users to electronically handle time sheets, as well as all the tasks related to tracking labor hours and managing labor costs. The system is fully integrated with the payroll module to easily audit, manage and report on all labor data, giving users a full overview of their workforce.
Target Market
Namely works to make tasks like payroll, talent management and benefits management simple for all types of organizations.
Below, we’ve listed 10 of its notable customers:
- Vita Coco
- BounceX
- The Motley Fool
- WorkWave
- MacStadium
- Archer Malmo
- ScienceLogic
- InsightSoftware
- Mars Advertising, Inc.
- United Mississippi Bank
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Implementation/Integration
New clients work with Namely’s dedicated implementation team, including its Client Relationship Manager who can guide them on the process. While timelines vary per client, the implementation process tends to follow five key steps: kick-off, initiation, configuration, validation and deployment. Namely also offer data migration services, as well as best practices.
Customer Service & Support
Namely has a help community for users to access FAQs, create support tickets, watch tutorials and engage with other users in a forum. Users can also request a callback from Namely’s support team or call its general service line.
Pricing
Namely provides its HR Fundamentals package that includes features, such as a company news feeds, employee directory, organization chart, reporting, analytics, performance/goals management, onboarding and time-off management. Note that this package is required.
Namely offers these optional features:
- Payroll
- Benefits administration
- Time and attendance
- Recruiting
- Comply Advice and Action (a people risk management solution)
Companies that don’t have in-house payroll or benefits resources can also opt to purchase Namely’s Managed Payroll or Managed Benefits services.
Namely doesn’t publicly release their pricing information. Please contact the vendor directly for a quote.
How Much Does Payroll Software Cost?
Download our free report to compare pricing on 5 popular Payroll Solutions including Gusto, Zenefits, and Patriot Software.Download NowShortcomings
Namely doesn’t provide international payroll. It requires a third-party partner to manage that.
Screenshots
About
Combining intuitive HR technology and best-in-class service, Namely empowers mid-size companies to build better workplaces. Simplifying the complexities of recruiting, onboarding, time & attendance, performance management, benefits administration, compliance, payroll, and HR analytics, Namely offers an integrated platform that saves companies time and improves their employees’ experiences. Distinguished by a dedicated support model and enhanced service offerings, Namely delivers an all-in-one HR solution for today’s people teams.
In 2022, Namely has merged with a new organization that’s a combination of Vensure Employer Services (a PEO company) and PrismHR (HR software company).
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