Semi Monthly Payroll with varying Period Dates
We are trying to centralize our company onto a single payroll system. However, one company we recently acquired uses a customized payroll system with really unusual payroll periods and this has been our stumbling block. They say they have semi monthly payroll periods, but the only thing semi monthly about them is that their employees are paid on the 15th and the end of the month (or on the Friday before if those days fall on a weekend or holiday).
Their payroll calendar for the periods paid on the 15th might be anywhere from 13 to 19 days in length. There is no consistency whatsoever between periods. It isn't like the first period is 15 days long (e.g. 1st to 15th) and the next period varies (e.g. 16th to end of the month). In this case every period is different than the one before.
Have any of you found a payroll system (less than 4000 employees) where this type of calendar could be configured out of the box? I've talked to some companies that will customize their calendars for us but I'm concerned that this will lock us in to a specific vendor for years to come.
They are already in this situation today (difficult to get tax updates) because of their customizations and we'd like to avoid this same problem going forward.
Any ideas. suggestions, recommendations would be greatly appreciated.