Future Systems
Future Systems, Inc. is a Cedar Rapids, Iowa-based payroll, HR, and timekeeping services provider founded in 1993, serving 551+ small and mid-sized U.S. businesses across industries including restaurants, healthcare, manufacturing, skilled trades, and churches.
- Company typePrivate
- Founded1993
- HeadquartersCedar Rapids, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Future Systems does
Future Systems, Inc. is a privately held payroll, HR, and timekeeping services provider founded in 1993 and headquartered at 6045 Rockwell Dr NE in Cedar Rapids, Iowa. The company sells and operates an integrated SMB-to-mid-market stack built around three core platforms: EvoPayroll for payroll processing and tax filing, Evolution Advanced HR for HRIS functions (employee data, recruiting, onboarding, benefits administration, compliance), and TimeWorksPlus for web-, app-, and biometric-based time capture with scheduling, GPS tracking, and job costing. Add-on modules include Tax Pay & File, 1099 Processing, Background Screening (via National Crime Search), ACA Reporting, Poster Elite compliance notifications, and a Digital Onboarding feature launched in early 2026. The platform reaches employees through an employee self-service portal and mobile apps (Android and iOS), and is fed by integrations with Employee Navigator (benefits sync) and Mineral HR (HR support).
The business runs as a sales-led, quote-based operation with annual subscription contracts for payroll, HR, and timekeeping, supplemented by professional-services revenue from implementation and configuration. Pricing is opaque and tailored to employee count and service mix; inbound flows through a toll-free number (800-453-5809) and an online Request a Quote form, supplemented by content marketing, a monthly newsletter via MailChimp, and an active Facebook/LinkedIn presence. Distribution is augmented by a structured CPA/accounting-firm partnership program and a self-service portal for existing customers. The company sells primarily to small and mid-sized businesses, with concentrated vertical specialization in restaurants, healthcare, manufacturing, skilled trades, and churches.
Operationally, Future Systems serves 551+ active client businesses, producing 350,000+ paychecks annually and processing $250M+ in tax dollars per year. It claims to have helped clients recover over $9M in Employee Retention Tax Credits. The leadership team is anchored by President and CEO Linda K. Hass. The company has no disclosed parent company, no institutional funding rounds, and shows characteristics of a long-running, regionally-rooted, profitable private operator with Midwest geographic focus rather than a venture-backed growth platform.
Future Systems firmographics
Firmographics- Name
- Future Systems
- Legal name
- Future Systems, Inc.
- Website
- https://future-systems.net
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Future Systems, Inc. is a Cedar Rapids, Iowa-based payroll, HR, and timekeeping services provider founded in 1993, serving 551+ small and mid-sized U.S. businesses across industries including restaurants, healthcare, manufacturing, skilled trades, and churches.
- Ownership category
- akta.pro rank
Future Systems industry classification
Industry- Product category
- Payroll & HR Software
- NAICS
- Payroll Services (541214), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121)
- SIC
- Services-Computer Processing & Data Preparation (7374), Services-Prepackaged Software (7372)
- akta.pro primary industry
- Employer Payroll Processing (SMB & Enterprise) (FSAMAKAA)
- akta.pro secondary industries
- Managed Payroll Services (Full-Service Payroll Outsourcing) (BPAAAHAA), Payroll Systems Administration & Implementation Support (HRIS/Payroll Platforms) (BPAAAHAJ), Payroll Data Management, Master Data & Employee Setup (BPAAAHAI)
Keywords
Where Future Systems is headquartered
LocationHeadquarters
- HQ city
- Cedar Rapids
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Future Systems business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Payroll Processing Services: Recurring payroll processing fees for businesses of all sizes, including tax filing and compliance services. Revenue generated through ongoing service contracts with clients.
- HR Solutions: Subscription-based HRIS and advanced HR services including employee management, benefits administration, onboarding automation, and compliance tools.
- Timekeeping & Scheduling: Software licensing and subscription fees for time tracking solutions including web-based, mobile, and biometric time clocks with scheduling features.
- Professional Services: Implementation, setup, and consulting services for new client onboarding and system configuration.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Custom enterprise pricing based on company size and service requirements |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Future Systems product offering
Product offeringCore offering
Future Systems provides cloud-based payroll processing, HR management, timekeeping and scheduling, and automated tax filing services to U.S. businesses. Its core offerings are delivered through proprietary platforms EvoPayroll (payroll), Evolution Advanced HR (HRIS), and TimeWorksPlus (time and attendance), bundled with services such as tax filing, 1099 processing, background screening, ACA reporting, and employee self-service portals.
Product overview
Future Systems provides a unified payroll and HR services platform built around EvoPayroll as the core payroll engine and Evolution Advanced HR as the HRIS backbone, supported by TimeWorksPlus for timekeeping and scheduling. The product portfolio includes core payroll processing with Tax Pay & File, comprehensive HR solutions, flexible timekeeping (web, app, proximity, and biometric), 1099 processing, background screening, and ACA reporting. Employee self-service is delivered through an Employee Portal and mobile apps. Services are positioned for businesses of all sizes across industries including restaurants, healthcare, manufacturing, skilled trades, and churches.
Differentiator
Problem solved
Functional benefit
Brands
- EvoPayroll: Online payroll processing platform for employers.
- TimeWorksPlus
- Evolution Advanced HR
- Employee Navigator
- Timeworksplus Employee
- Asure Mobile Employee Portal
Products and services
- Payroll Services Core payroll processing service including payroll tax filing, direct deposit, compliance, and year-end W-2 processing for businesses of any size.
- HR Solutions Comprehensive HR management including employee data management, recruiting, onboarding, benefits administration, and compliance tracking through the Evolution Advanced HR platform.
- Timekeeping & Scheduling Time and attendance tracking with flexible entry methods (web, app, proximity, biometric) and employee scheduling capabilities.
- 1099 Processing Processing and filing of 1099 forms for independent contractors and non-employee compensation.
- Other Solutions Additional services including Poster Elite compliance notifications, New Hire Packet forms, and specialized compliance tools.
- Evolution Advanced HR Full-featured HRIS platform providing employee data management, recruiting automation, communications, benefits administration, onboarding, and employee self-service in one integrated system.
- EvoPayroll Cloud-based payroll management platform integrating payroll processing, tax filing, and timekeeping data with employee self-service capabilities.
- TimeWorksPlus Web-based time and attendance platform with mobile access, GPS tracking, scheduling, and integration with payroll for accurate labor cost tracking and job costing.
- Employee Portal Self-service portal for employees to access pay stubs, tax forms, PTO balances, benefits information, and manage personal data.
- Tax Pay & File Automated tax filing service that handles federal, state, and local payroll tax deposits and filings on behalf of clients.
- Background Screening
Quantifiable outcome
- Over 250 Million in tax dollars processed annually
- +4 more outcomes
Companies that use Future Systems
Customer profileNamed customers8 records
Segments9 records
Ideal customer profiles4 records
Future Systems technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature10 records
Future Systems partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Employee NavigatorcoreIntegration partnership allowing Future Systems clients to sync benefits and payroll information with Employee Navigator. This integration provides updated data with less administrative work for HR teams managing employee benefits and payroll in sync.
- Feller and Associates AdvisorsminorCo-hosted Business Succession Planning workshop event. Feller and Associates Advisors and Future Systems partnered to present a free workshop on business succession planning for business owners. The event was held at The Venue by Butcher Block in Cedar Rapids, IA with lunch provided.
- National Crime SearchcoreBackground screening integration partner providing criminal history checks, sex offender registry searches, and comprehensive background verification services.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Future Systems competitors and assessment
Company assessmentDirect peers
- Paychex: Public SMB/mid-market payroll and HR services incumbent. Competes most directly with Future Systems on bundled payroll, HR, timekeeping, and tax filing for Main Street employers across the US.
- Gusto: Cloud-native SMB payroll, HR, and benefits platform. The most aggressive direct competitor in transparent pricing, modern UX, and self-serve onboarding for the same small/mid-market segments.
- Paycor: Mid-market-focused payroll, HRIS, and talent platform. Closely comparable on integrated payroll + HR + timekeeping positioning and on vertical/mid-market go-to-market.
- OnPay: Cloud payroll, HR, and benefits service for small businesses with transparent pricing and strong accountant/CPA channel overlap — direct alternative for the same SMB buyer.
- Rippling: Unified HR, IT, and finance platform with full-service payroll as a core module. A modern, well-capitalized competitor targeting the growing SMB/mid-market employer with deeper product breadth.
- Paylocity: Cloud-based payroll and HCM provider for mid-market organizations. Comparable in integrated payroll + time + benefits + HR, though more weighted upmarket than Future Systems.
- Justworks: PEO-style platform offering payroll, benefits, HR, and compliance to SMBs. Competes directly for the same small/mid-market employer bundle Future Systems sells, with stronger benefits-broker depth.
- Patriot Software: Affordable US-based payroll and accounting software for small businesses with strong accountant-channel momentum. Closest SMB-only competitor on price-sensitive small employers.
Broad incumbents
- ADP: Largest payroll and HCM incumbent with RUN Powered by ADP for small businesses and Workforce Now for mid-market. Sets the baseline pricing and feature expectations Future Systems must compete against.
Emerging players
- Asure Software: Provider of the Asure HCM and PayrollServers/TimeWorksPlus platforms that Future Systems white-labels. Dual role as underlying technology supplier and competing SMB payroll/HCM vendor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Future Systems social profiles
Digital presenceFuture Systems financial estimates
Financial estimateRevenue estimate
Valuation estimate
Future Systems leadership team
Management profileNumber of profiles
Profiles1 record
Future Systems funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Future Systems M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Future Systems
What does Future Systems do?
Future Systems provides cloud-based payroll processing, HR management, timekeeping and scheduling, and automated tax filing services to U.S. businesses. Its core offerings are delivered through proprietary platforms EvoPayroll (payroll), Evolution Advanced HR (HRIS), and TimeWorksPlus (time and attendance), bundled with services such as tax filing, 1099 processing, background screening, ACA reporting, and employee self-service portals.
Is Future Systems a public or private company?
Future Systems is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Future Systems founded?
Future Systems was founded in 1993. It employs 11 to 50 people.
Where is Future Systems based?
Future Systems is headquartered in Cedar Rapids, United States, in the North America region.
How does Future Systems make money?
Four revenue lines are on record. Payroll Processing Services are the primary driver. The others are HR Solutions, timekeeping & Scheduling and professional Services.
Who are Future Systems's main competitors?
Direct peers on record are Paychex, Gusto, Paycor, OnPay, Rippling, Paylocity, Justworks and Patriot Software. ADP is listed as a broad incumbent. Asure Software is listed as an emerging player.
Does Future Systems have an API?
No public API is recorded for Future Systems.
What industry is Future Systems in?
Future Systems's product category is Payroll & HR Software. Its primary akta.pro industry code is FSAMAKAA, Employer Payroll Processing (SMB & Enterprise), with a secondary code of BPAAAHAA, Managed Payroll Services (Full-Service Payroll Outsourcing). Its NAICS code is 541214 and its SIC code is 7374.