PayCycle Partners with FedComp for Small Business Payroll Outreach

PALO ALTO, Calif. – To further extend its reach among small business owners, small business payroll provider PayCycle, Inc. has partnered with FedComp, a provider of data processing and credit union accounting systems. The new alliance will allow FedComp to offer PayCycle within its credit union software which serves more than 2,500 credit unions nationwide. “Our credit union customers are telling us that they want an easy, integrated payroll service as part of their offering. Most of our credit unions serve businesses with 20 or fewer employees, and since this is the sweet-spot for PayCycle, their online solution fits our specs exactly,” said Derrick Smith, president of FedComp. Earlier this year, PayCycle announced similar partnerships with Digital Insight, a consumer and business online banking provider for credit unions and banks. PayCycle has also inked a deal with NCR Corporation’s eCommerce organization, to provide their small business users access to the PayCycle payroll service directly from their Web sites.