PayNW Now Offers Compliant Human Capital Management Solutions for Cannabis Businesses

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A fast-growing company provides human capital management solutions; Payroll, HRIS, applicant tracking, tax filing, time tracking and more

SEATTLE, August 3, 2022 /PRNewswire/ — PayNW, a leading and fast-growing provider of human capital management (HCM) software and services, announced that it is now serving cannabis-related businesses (CRBs) across United States. With this step, CRBs can now prioritize compliance with evolving regulations while supporting employees and accessing traditional banking services with PayNW’s payroll and HR solutions.

PayNW’s team of HCM experts provide reliable and compliant solutions for cannabis businesses, including:

  • Paperless employee hiring and onboarding
  • Banking relationships to support direct deposit
  • Filing and Remitting Federal, State, and Local Taxes
  • Automated time tracking for workforce management
  • Personalized customer service aimed at meeting unique needs

As a company that understands the strict guidelines impacting the financial operations of cannabis businesses, PayNW will help process payroll by complying with the regulations of the Money Laundering and Bank Secrecy Act, as well as following regulations set by the Treasury Department, the Financial Crimes Enforcement Network, and other regulatory agencies. PayNW can also connect CRBs with banks that specialize in managing cannabis business accounts.

“Whether you’re a retailer, grower or any other legitimate business in the cannabis industry, you can now process payroll with confidence using PayNW’s fully compliant software and services,” said PayNW CEO . Lori Brown. “We understand the complexities of this industry and take pride in presenting solutions tailored to your unique situation.”

PayNW’s unified payroll, time tracking, and human resource information system (HRIS) software and services offer simple and effective solutions for managing a workforce, bringing peace of mind to more of 1,000 companies around the world. United States providing the depth and breadth needed to manage and engage their workforce more effectively and productively.

As the largest HCM company in the Pacific Northwest, PayNW’s track record includes a 96% year-over-year customer retention rate and four consecutive years on the Inc. 5000 list of private companies at the fastest growing in the United States. PayNW recently acquired the HCM division of Renewal, a payroll and benefits company, marking PayNW’s first physical presence outside of the Pacific Northwest.

About PayNW

PayNW brings clarity and peace of mind to midsize and growing businesses who see the smart use of technology as a way to become a better, more productive employer. No more chaotic spreadsheets or unrelated databases, our payroll, time tracking and HRIS software and services provide simple and effective solutions to your organization’s needs. Based at Seattle, PayNW was founded in 2007 on evergreen principles to be a company that thrives and endures, operating with the vision and intent to be around for over 100 years. For more information, visit PayNW online at www.paynw.com.

Media Contact
Kyle’s Wall from Fearey for PayNW
[email protected] / (570) 575-3405

SOURCE PayNW

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