Symmetry Software

Symmetry Software

Payroll tax solutions through software tools

About Symmetry Software

Simplify's Rating
Why Symmetry Software is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Enterprise Software

Financial Services

Company Size

11-50

Company Stage

Acquired

Total Funding

N/A

Headquarters

Scottsdale, Arizona

Founded

1984

Overview

Symmetry Software offers payroll tax solutions through software tools and APIs that assist businesses in managing and complying with payroll tax regulations. Their primary product, the Symmetry Tax Engine, automates payroll tax calculations, saving businesses time and resources. The company operates on a subscription model, providing clients with continuous updates and support, which helps them stay compliant with changing tax laws. By focusing on automation and compliance, Symmetry Software stands out in the payroll tax compliance market.

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Simplify's Take

What believers are saying

  • Growing demand for payroll automation tools due to rising remote work trends.
  • Increased interest in API-based solutions for streamlined payroll integration.
  • Expansion of gig economy increases need for flexible payroll solutions.

What critics are saying

  • Increased competition from fintech startups offering integrated payroll solutions.
  • Acquisition by Gusto Capital may disrupt Symmetry's business model and client relationships.
  • Rapid technological advancements in AI could outpace Symmetry's current offerings.

What makes Symmetry Software unique

  • Symmetry Software offers specialized payroll tax solutions with advanced software tools and APIs.
  • The company provides continuous updates and support through a subscription and licensing model.
  • Symmetry's products automate payroll tax calculations, reducing manual tasks for businesses.

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Company News

PR Newswire
Sep 6th, 2022
American Payroll Association Celebrates Payroll, Offers Free Paycheck And Scholarships During National Payroll Week

SAN ANTONIO, Sept. 6, 2022 /PRNewswire/ -- The American Payroll Association is celebrating payroll professionals and offering scholarship opportunities, paycheck maximizing tips, and a chance to win an extra paycheck during National Payroll Week®, September 5-9. National Payroll Week recognizes the contributions of America's 150 million workers and the payroll professionals who ensure they're paid accurately and on-time, every time. "For National Payroll Week we celebrate payroll and its tremendous impact on our country," said APA Executive Director, Dan Maddux. "The partnership of America's workers, government agencies, and payroll professionals creates the very foundations of the American way of life."

TechRseries
Aug 12th, 2022
Symmetry Software LLC launches notification service, Webhooks by Symmetry

Symmetry Software has launched a new notification service, Webhooks by Symmetry, that enables modern fintech applications to stay updated with critical payroll tax updates.

Ein Presswire
Jun 8th, 2022
Symmetry Software LLC launched the Symmetry Minimum Wage Finder on Jun 8th 22'.

SCOTTSDALE, ARIZONA, UNITED STATES, June 8, 2022 / EINPresswire.com / -- Symmetry Software has announced the launch of a new stand-alone minimum wage lookup tool called the Symmetry Minimum Wage Finder to aid developers and employers in ensuring minimum wage rates are accurately applied across their products and workers.

Accounting Today
Oct 26th, 2021
Gusto Capital, LLC acquired Symmetry Software LLC on Jul 1st 21'.

Gusto recently acquired two other companies, Ardius, an R&D tax credit compliance software company based in Los Angeles, in June, and Symmetry, an Arizona-based payroll tax software company, in July.

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