Infinisource, the leading cloud provider of workforce management solutions for small and midsize companies, announced that it will incorporate the SmartPay Pay-As-You-Go Workers’ Compensation plan into its workforce management platform, iSolved.

SmartPay is a cost-effective, state-of-the-art software system that allows workers’ compensation premiums to be paid one payroll period at a time. Employers utilizing iSolved in conjunction with SmartPay can deduct workers’ compensation premiums through payroll, eliminating large deposit premiums and the risk of over or underpaying premiums. The combination of products can increase employers’ cash flow by keeping money in the business, while still giving them the ability to choose between multiple workers’ compensation carriers.

This partnership provides the technology employers need to immediately process payroll with correct premium payments, resulting in accurate reports and financial records. Payroll can be reviewed in real time, allowing employers to immediately see payments and deductions.

“Combining the cutting-edge solutions of SmartPay with iSolved further enhances our customers’ workforce management,” said Todd LaFever, president of iSolved’s Employer Services and Technology Division. “We continually search for solutions to make it easier to be an employer in today’s business environment.”

Read full press release in Infinisource Newsroom.