BSI ComplianceFactory vs efile4Biz

BSI ComplianceFactory is a cloud-based web SaaS product for managing U.S. payroll tax compliance across federal, state, local, and territory jurisdictions. Its workflows cover scheduling, payment, assessment, and filing of payroll taxes, plus garnishment processing and remittances to garnishment authorities. Employees can view and print W-2 forms on demand, while the product handles digital power of attorney letters. ComplianceFactory connects with existing payroll systems through the MyBSI Connect portal. BSI describes it for organizations with large, multi-state workforces, including payroll vendors, service bureaus, and enterprises navigating mergers or acquisitions. The company describes its automated workflows as audit-ready and intended to reduce compliance risk. BSI says its SaaS services meet SOC 2 Type 2 standards and that a SOC 3 report is available. Support includes three levels, and implementation consultants and virtual instructor-led training are offered. Pricing is by quote.

efile4Biz is a web service for preparing and filing year-end tax forms, including 1099s, W-2s, 1098s, 1042-S, ACA forms, 941, 5498 variants, and W-9. It can send forms electronically to the IRS or SSA, print and mail recipient copies, or provide e-file-only service. It supports corrections for W-2, several 1099 types, 1098, ACA, and 5498 forms. Data imports are available through QuickBooks Online, a QuickBooks Desktop plug-in, Xero API, and an Excel template. The service is aimed at tax professionals and CPAs managing multiple clients, as well as business owners and office managers. Its free Basic plan charges per form when filing; Plus is $149 a year and Premium is $399 a year, with form fees separate. For 1098, 1099, 5498, and W-2 forms, per-form prices depend on quantity and delivery method. State filings add $1 per form per state, and the service covers 29 states. It offers a free trial. The service is web-based.