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Frequently

Asked Questions

Answers to Your Questions About Compliant, Reliable Banking and Payment Solutions

What does WECO do?

 

WECO provides payroll, HR, compliance, workers’ compensation, and workforce management solutions that help businesses streamline operations, stay compliant, and better support their employees.

 


Elevated Payroll is WECO’s full-service payroll and workforce management solution. Beyond payroll processing, it includes HR support, benefits management, workers’ compensation administration, tax reporting, compliance support, and employee services—all designed to streamline workforce operations in one system.

 

Unlike traditional payroll companies that focus only on payroll processing, WECO provides a broader workforce management solution. This includes HR support, onboarding, compliance guidance, workers’ compensation, employee benefits, risk mitigation, and workforce planning tailored to each business’s operational needs.

 

 

WECO supports businesses across multiple industries, including cannabis, retail, hospitality, manufacturing, agriculture, and other growing businesses. Their solutions are designed to support companies ranging from startups to expanding multi-location organizations.

 

 

Yes. WECO streamlines onboarding by helping businesses manage hiring paperwork, employee documentation, payroll setup, and HR workflows for a smoother employee experience.

 

 

Absolutely. WECO helps businesses maintain tax compliance, manage unemployment and labor claims, oversee workers’ compensation, and navigate changing workforce regulations to reduce operational risk.

 

 

WECO manages payroll administration, direct deposits, tax filings, payroll reporting, employee payments, and year-end payroll processing. Their team also assists with employment claims and compliance-related payroll tasks.

 

 

Yes. WECO helps businesses manage workers’ compensation solutions and reporting, reducing administrative headaches and helping employers better manage risk.

 

 

WECO helps businesses manage employee benefits administration, including health insurance, retirement plans, and other workforce support programs designed to improve retention and employee wellbeing.

 

 

Through its partnership with Green Strategies, WECO offers secure PIN debit payment processing solutions that help businesses streamline transactions while reducing fraud risk and improving payment processing efficiency.

 

 

Yes. WECO assists businesses with compliant banking relationships and payment processing solutions through strategic financial partnerships.

 

 

Yes. WECO works closely with operational partners, third-party vendors, financial institutions, and workforce solution providers to help clients build stronger operational support systems and long-term business strategies.

 

 

Businesses interested in payroll, HR, compliance, or workforce management support can connect with WECO to discuss their goals and build a customized solution that fits their needs.