STREAMLINE YOUR PREMIUM PAYMENTS
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Synergy Comp offers a Pay As You Go (PAYGO) billing system, tailored to provide a flexible and accurate method for managing your workers’ compensation premiums. Enhanced through our strategic partnership, this system ensures that your payments are closely aligned with actual payroll figures, offering precise financial control.
Align your payments directly with your actual payroll, ensuring you pay exactly what you owe, as you owe it—no more, no less.
HOW PAY as you GO WORKS
Real-Time Payroll Integration
Connect your payroll system directly with Synergy Comp’s billing to automatically calculate premiums based on actual payroll figures, not estimates.
Monthly Reporting
Report your payroll monthly, and your premium adjusts to reflect the actual payroll for the period, helping manage cash flow more effectively.
Automated Transactions
Enjoy the ease of automated deductions and payments, reducing administrative overhead and eliminating manual errors.
BENEFITS OF PAY as you GO
Online Payment Reporting
Synergy Comp’s user-friendly online system allows you to report your payroll figures monthly for accurate and timely premium adjustments.
EFT Payments
Experience the convenience and speed of Electronic Funds Transfer (EFT) for seamless premium payments.
Flexible Payment Options
Benefit from a range of flexible payment options designed to support and scale with your business growth.
True Premium Estimates
Ensure financial accuracy with premium payments calculated directly from your actual payroll, not estimates, minimizing end-of-year adjustments.
Self-Reporting
Take control with self-reporting capabilities for easy payroll reporting. Third-party payroll providers are not currently supported.
Longer Reporting Deadline
Benefit from an extended reporting deadline until the 10th of each month, providing your business additional flexibility to manage finances.