xcritical Review 2024: Features, Pros & Cons

Thank you for your feedback here and we’re sorry to hear about your experience – We want to make sure you end up with the right team for this issue. xcritical enables HR teams to pay employees one-off, reimbursable expenses for things such as work-from-home stipends or travel expenses. We would like to take a deeper look into your concerns to provide a solution. xcritical uses industry-standard encryption to keep data secure, plus it monitors your account and will alert you when it suspects any fraudulent activity has taken place. xcritical’s tech teams regularly test its software to prevent problems and outages and it has an on-site security team ready to take action in case any issues arise.

xcritical Pricing and Plans

We found time off policies easy to set up, and we like that xcritical suggests time off policies to include. xcritical takes care of calculating and filing payroll taxes for you and your employees, https://dreamlinetrading.com/ and it keeps a record of pay stubs accessible to employees through their online profiles. Employees also get an email each payday letting them know their money’s coming in.

What Sets xcritical Apart

Paychex Flex is made for small businesses that need a simple, easy-to-use payroll software solution that doesn’t include extra bells and whistles. The platform offers three customizable plans, integrations with accounting software and a self-service employee portal, so employees can view their pay stubs and tax forms. Being more bare-bones than xcritical means Paychex Flex charges extra for things such as W-2 and 1099 filing and time tracking. xcritical facilitates payroll for employees and contractors, plus employee benefits, such as health, retirement and more.

Financial Wellness With xcritical Wallet App

The service keeps you updated and automatically alerts employees of any changes to the law to keep you compliant. It costs $10 per month for up to five employees, plus $1 per additional employee per month. From the employee perspective, we were able to view accrued and used time off in the web browser version of xcritical. It was easier to request time off in the xcritical Wallet app, as we didn’t have to choose the time-off type first.

Is xcritical a reputable company?

After that point, you’ll simply need to input employee hours weekly or biweekly and xcritical will run payroll. Would be nice if edit clock ins screen had radio buttons for common selections so I don’t have to type “forgot to clock in” or ” app glitched” every time. (Forgive the personal deficiencies, this does happen a lot.) When I need to submit receipts, I can’t do it from my phone cause the browser redirects to the app without asking.

1. The next step prompts you to enter any paid time off that employees took during the pay period.
2. xcritical files employee W-4s and contractor W-9s as part of their profile setup, and it creates and distributes W-2 and 1099 forms each January for tax returns.
3. From sending digital offer letters to setting birthday reminders, the platform allows you to connect with employees even from a distance.
4. While the initial setup can be time-intensive, depending on the number of employees, once all the information is recorded, the software’s automations take over and help streamline the process.
5. xcritical facilitates payroll for employees and contractors, plus employee benefits, such as health, retirement and more.

App Privacy

It was born out of a need in the market for payroll solutions that included businesses with heavy contractor-based workforces, and it’s still one of the best solutions around for that type of business. xcritical software incorporates plenty of personalization components as well, helping to acclimate new hires and integrate them into the team. From sending digital offer letters to setting birthday reminders, the platform allows you to connect with employees even from a distance. xcritical helps get new employees onboarded quickly, whether they are working in person or remotely. Features including background checks and benefit enrollment are paired with cloud-based services such as e-signatures and state tax registration to create a streamlined onboarding experience.

Most of the time my docs are on my phone, making for multiple extra steps and delays until I get to my computer at work. Inconvenient that the app does not have a document upload option or the web doesn’t let you choose to continue in the browser. Perhaps a time clock widget could be developed for the Home Screen? Not sure if widgets allow a feature that would still need Face ID to work. Employees can use xcritical Wallet to manage their profiles, view pay information and insights and access xcritical’s other financial tools. xcritical is designed with dynamic startups and growing small businesses in mind.

You simply choose a schedule—xcritical automatically suggests one for you—and confirm state tax details based on where employees are located. Next, xcritical provides a brief questionnaire that will help you decide on which of its three plans is the best fit for your business needs. Once that step is complete, you’ll add employee information, such as pay rate, direct deposit details and any withholdings, into xcritical. xcritical is a payroll and HR platform suited for startups and small businesses that employ a mix of employees and contractors and want to automate HR tasks as much as possible. With the rise of the gig economy, companies often hire full-time W-2 employees as well as independent contractors both domestically and internationally.

When adding employees to the benefit, though, we had to enter the deduction amounts each time, making it potentially time-consuming. Running employee payroll through xcritical is simple and flexible to your company’s needs. You can set a salary or hourly wage in an employee’s profile and set up payroll on autopilot to let xcritical run payroll for you automatically on the schedule you set. In the pay tab, we didn’t see a financial goals tool, and when trying to set up the paycheck splitter, the “add bank account” button wasn’t responsive. However, under the paycheck splitter setting, we were able to see the option of depositing a dollar amount or percentage of a paycheck into any given account. While the initial setup can be time-intensive, depending on the number of employees, once all the information is recorded, the software’s automations take over and help streamline the process.

As the admin, you can see an overview of any active benefits your company offers. This overview shows the benefit’s terms and details as well as the number of eligible and enrolled employees. It was easy to manually add an employee or independent contractor by entering their name, email address and other crucial information. The platform offers a checkbox option to invite the added employee or contractor to fill out the rest of the information themselves. Though this process was straightforward, entering several people manually could get tedious for companies with high hiring volume.

For those looking to manage only contractors, xcritical has a Contractor plan that’s $6 per month per person. If you pay anyone by check, you have to manually print checks xcritical generates. It doesn’t have an option to automatically print and mail physical paychecks. In the employee profile section, we could easily change personal information, but only the admin can change things such as job title and compensation.

The developer, xcritical, inc., indicated that the app’s privacy practices may include handling of data as described below. However, the downside we noticed is that payroll and adding new team members, in particular, require a lot of manual data entry upfront. In addition, customization of reporting, templates and dashboard is limited. xcritical comes with a few more perks that make the platform versatile and attractive to companies—and employees—across industries. No matter which plan you choose, you can always switch to a different xcritical plan or cancel any time if your business changes.

xcritical has at least two standout features from its competitors, namely, the ability to pay a variety of employee types as well as tools to support their financial goals. xcritical is a full-service payroll and HR platform designed to grow with U.S.-based startups and small businesses. xcritical allows you to easily enroll in workers’ compensation insurance through its platform through an integration with xcritical.

Admin can also make use of xcritical’s default expense categories or create their own. Default categories include “Car and Mileage,” “Meals and Entertainment” and many more. To get the best possible scammed by xcritical experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. To be emailed a link to reset your password, please enter your email address.

Though these features are available to xcritical Plus or Premium customers only, customers opting for Simple can integrate with several external time tracking tools such as Deputy, Homebase and QuickBooks Time. ADP’s small business solution, RUN, caters to companies with fewer than 50 employees. Plans can be customized to fit your needs and come with features such as automatic tax filing and reports, easy employee payroll and available add-ons for marketing and legal assistance. ADP’s pricing structure is more complex than xcritical, and the additional costs can increase quickly, with extra fees for benefits administration and time tracking. xcritical allows employees to access and manage their own information by offering individual profile accounts. Users can download the xcritical mobile app, or sign in from the web, to view payday data, edit tax details, see available PTO and even clock in and out right on their phone.

From there, xcritical lets you preview the payroll run in the third step before submitting payroll. Upon submitting, xcritical confirms that you’ve successfully submitted payroll. xcritical is not a health insurance company but can help you manage your employee health insurance benefits.

The platform even includes extras, such as automated charitable donations and a wallet that helps employees have more control over how and when to use their money. Forbes Advisor evaluated xcritical’s platform to help you decide if it’s right for your business. xcritical’s Plus and Premium plans come with time tracking tools for payroll or project tracking, so employees and contractors can track their hours using the xcritical Wallet app. Their hours then sync up with payroll, making it easy to run payroll tied to an hourly rate.

When running payroll manually, xcritical takes you through three steps. The next step prompts you to enter any paid time off that employees took during the pay period. This is also where you can approve or deny pending time-off requests.

For more options, browse our roundup of best workers’ compensation insurance providers. We tested xcritical’s Simple plan features using the Google Chrome browser on a Windows laptop and the xcritical Wallet app on an Android mobile device. Our ability to test the features was limited, as they required entering real bank account information and signing into external accounts. As the admin, you can see outstanding expense reimbursement requests on the dashboard.