Symmetry Software announces Webhooks by Symmetry, enabling modern fintech applications to stay current with critical payroll tax updates.
Webhooks by Symmetry offers a new way to handle the burden of keeping up with constant tax changes through technology.
“We are excited to offer Webhooks by Symmetry. This product will give development teams a faster time to market and reduce the burden of keeping up with changing data in the tax engine.” Billy Long, Chief Architect
SCOTTSDALE, Ariz. (PRWEB)
11 August 2022
Symmetry Software has launched a new alerting service, Webhooks by Symmetry, which enables modern fintech applications to stay up-to-date with critical payroll tax updates.
Webhooks by Symmetry is an alert service that allows your application to programmatically stay in sync with critical tax updates powered by the Symmetry Tax Engine. Payroll tax changes happen frequently, and the process of updating applications that affect payroll tax calculations can be complex and burdensome. The changes occur throughout the year as new taxes are added, edited or removed, or other jurisdictional parameters such as withholding tax form fields are updated. If these updates are not properly managed, the data used to calculate payroll taxes may become outdated or exclude new data required for accurate payroll calculations. Webhooks by Symmetry offers a solution to handle the burden of keeping up with the constant tax changes through technology.
The Webhooks by Symmetry interface allows you to register custom webhooks in a developer portal. The webhook will send data to your application based on specific events in the Symmetry Tax Engine, including changes to tax rates, additions of new taxes and tax IDs, changes to jurisdictional parameters, and more. The automated alerts allow modern service providers to update their applications in real time. In addition to webhooks, you can also sign up for custom email alerts sent when a tax change that matters most to you occurs.
Never miss a payroll tax update again with Webhooks by Symmetry. Here are some examples of the types of applications that can be useful:
- Any developer with a need for the latest payroll tax changes, including new taxes, changes in tax rates and jurisdictional parameters
- B2B platforms that want to innovate on pay
- Developers who touch HR and tax who need point solutions for automation
- Software providers building a new application or supplementing an existing payroll application
“We are excited to offer Webhooks by Symmetry. This product will give development teams a faster time to market and reduce the burden of keeping up with changing data inside the tax engine. For non-technical users, the email functionality will give customers another way to be notified of changes that may affect their tax calculations.” Billy Long, Chief Architect
As a payroll infrastructure software and payroll platform, Symmetry Software has had the privilege of powering the payroll of over 64 million workers each year. Through our expertise in tax compliance, spanning nearly 40 years, we have been able to help America’s largest service providers and employers resolve complex tax issues. Our mission at Symmetry has always been to help our clients calculate the right taxes the first time and accelerate compliance with a technology-first approach to payroll taxes.
For more information on how to get started using Webhooks by Symmetry, see our webhooks page, which includes a list of our supported webhook events.
About Symmetry Software
Symmetry Software is the payroll software and platform infrastructure that powers the paychecks of over 64 million workers each year. Our fully integrated suite of payroll tax APIs and software tools helps businesses solve complex tax compliance issues and allows service providers to build applications across the entire payroll process. Built from 37 years of experience in payroll tax withholding software, Symmetry’s tools make customers’ processes more automated, efficient, error-free and compliant. Symmetry’s products include Symmetry Tax Engine®, Symmetry Payroll Forms™, Symmetry Payroll Point®, Symmetry Minimum Wage Finder and Calculators by Symmetry. Since 1984, Symmetry Software has helped clients deliver great pay through powerful technology.
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