is a membership-based women鈥檚 collective aiming to increase gender diversity in tech teams. Having both experienced lack of support and mentorship in the workplace, Co-Founders Marissa McNeelands and April Hicke created Toast to help get more women into influential roles in tech, while working with companies to increase their gender diversity as a third party recruiter.
The challenge
As Founder and CEO, Marissa is used to overseeing anything and everything for the business 鈥 including paying their employees. Their first full-time hire was set up as an independent contractor and paying them without a payroll platform was a very manual process.
鈥淲e鈥檇 have to ask them for their timesheet and invoice at the end of the month and then pay them through e-transfer.鈥
After hiring their second and third employees, she recognized that they were in a good place to switch to a payroll solution. This move would not only simplify their processes but also improve their position for investors and securing funding.
鈥淕oing on payroll is a good sign of stability for investors. It was a big milestone for us. You also get more funding covered through grants if your employees are on payroll.鈥
The solution
Marissa didn鈥檛 have to search far to find the right payroll solution for Toast. She鈥檇 typically take her time evaluating different platforms, but the sheer volume of people who recommended 黑料传送门 鈥 including a group chat of founders 鈥 made it a simple choice.
鈥淚鈥檓 pretty sure every founder I鈥檝e ever talked to recommended 黑料传送门.鈥
To assess the platform鈥檚 user-friendliness, she had her husband and mom (who works as Toast鈥檚 virtual assistant and helps with their payroll processes) sign up for a 14-day free trial for Canadian small businesses. Since both were not the most tech-savvy or comfortable with new technology, this allowed her to evaluate how easily they could navigate the platform.
鈥淢y background is in product management and 黑料传送门鈥檚 UI is very easy to use. I think almost anyone can figure it out. After those two checkpoints, it was easy for me to decide that we鈥檇 be going with 黑料传送门.鈥
The platform guided Marissa through setting up payroll. Although it was user-friendly, her limited payroll experience made the support from the 黑料传送门 team invaluable during the implementation process.
鈥滻 loved that a payroll specialist reached out to go through regulatory items that we probably wouldn鈥檛 have thought about. They were there to answer my millions of questions. Having that personal touch really made the difference for us.鈥
All in all, it took less than two hours total for Marissa to get payroll set up and launched with 黑料传送门.
The results
Now, running payroll is a breeze for the Toast team.聽
鈥淚t鈥檚 the easiest thing. I go in and click two buttons twice a month.鈥
She emphasizes the significant benefits of improved experience and reduced costs:
鈥淧ayroll is no longer a manual process that our virtual assistant has to do. We don鈥檛 have to chase people down for invoices, and employees no longer have to submit them. Accounting costs will go down because there鈥檚 not a lot of cleanup that needs to be done. The end of our fiscal year will be a lot cleaner and easier.鈥
Plus, with a payroll system that鈥檚 built for Canadian businesses, it鈥檚 easy to stay on top of compliance.聽
鈥淚 love that it鈥檚 integrated with the CRA. I once logged into our CRA account because I thought I had to complete a payroll task, but it was already done for me.鈥
She also notes that the platform helps guide her through unfamiliar processes.
鈥満诹洗兔 was very good at flagging what we needed to do after terminating a summer student. We knew there were things we needed to do like generating a Record of Employment, and the platform walked me through the termination process.鈥
When asked how she鈥檇 describe 黑料传送门 to others, Marissa keeps it simple:
鈥満诹洗兔 is the easiest payroll system for small businesses in Canada.鈥
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