Symmetry Software

Symmetry Software

Payroll tax solutions through software tools

About

Symmetry Software offers payroll tax solutions through software tools and APIs that assist businesses in managing and complying with payroll tax regulations. Their main product, the Symmetry Tax Engine, automates payroll tax calculations, saving businesses time and resources on manual tasks. 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 delivers significant value to a diverse range of clients.

Company Stage

Acquired

Employees

11-50

Industries

Enterprise Software, Financial Services

Total Funding

N/A

Headquarters

Scottsdale, Arizona

Founded

1984


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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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