Congratulations on completing the company onboarding process with Atto Payroll! We're excited to have you on board, and we want to ensure that your payroll experience with us is seamless, efficient, and compliant with all relevant regulations. After you've provided all the required information during the onboarding process, Atto Payroll will need up to 3 days to review your company information.
The Company Review process involves two critical aspects:
a. Fraud Review:
-
We conduct a thorough review to verify that companies are accurately representing themselves, their business, and the nature of their operations. This step helps ensure the legitimacy of the business and the need for a payroll product.
b. Regulatory Review:
-
We also perform a regulatory review to confirm that companies are registered legal entities with a legitimate business need for a payroll product. Additionally, we check that companies and certain individuals associated with them do not appear on any sanctions lists maintained by the U.S. government.
Decision Communication:
After the review and evaluation of your provided data, Atto Payroll will communicate its decision to you within 3-4 business days. The decision can fall into one of several categories:
-
2-Day Approval of Payrolls: Your company is approved for payroll processing with a 2-day approval timeline. This is standard for existing companies that have run payroll before.
-
4-Day Approval + Option to Upgrade to 2-Day with Additional Docs: You have the option to upgrade to a 2-day approval by providing 2 months of bank statements showing a balance.
-
Additional Docs Required for 4-Day Approval: Additional documentation is needed for a 4-day approval.
-
Denied - Industries Not Supported/Deemed Fraudulent: Unfortunately, your company may not be supported or may not meet our criteria.