Are you a HR manager thinking of investing in a payroll software? Or a small business that is booming? Having the right payroll software is essential for any business to grow without any hindrances. Pay your employees on time, and you’re halfway through to having a productive workforce.
But how do you decide which one to invest in? Let’s find out! Payroll software is a one-point solution that focuses on calculating, processing employees' salaries, creating tax forms, and managing benefits. Some of the software also includes onboarding tools and several advanced features.
Payroll software takes your hands of multiple payroll processes on a single platform. For example, time-tracking, 3rd party app integrations, the list goes on. It provides different tools to make payroll operations much more efficient and accurate. Accidentally overpaid or underpaid your employee? Cut more tax than what was needed? All of this can be addressed by payroll software. It automates the entire process of calculating and keeping the payroll up to date with a few clicks. Good payroll software in turn reduces administrative duties and all the stress that comes on payday!
Here’s a comprehensive list of some of the best payroll softwares in the market:
Gusto is a beautifully designed, paid service, with many features and a healthy reputation. It is a must-have for small businesses! From payroll, time tools, to hiring and onboarding, Gusto is an all-encompassing cloud-based software. Gusto has four different plans to choose from. Each plan ranges from 6$ to 12$ per employee, and a base price starting at 39$ per month.
The common Gusto benefits across plans include:
Employee Onboarding Tools
Payroll administration on autopilot
Paid time-off tracking
Gusto works best for businesses across the United States. It is easy to use interface, and a brilliant user experience is something to look forward to. One can also switch to Gusto from another payroll software seamlessly. Once the employee details are all set-up, you can sit back and let Gusto take care of the payroll work for you. Be it filing taxes, deposits, or health insurance it is all taken care of by Gusto.
The main drawback of Gusto is the customer service. Customers pointed out slow response times and payment errors. Unlike some payment software providers, Gusto does not provide 24/7 customer support. However, Gusto stands out because of its usability, and as a pocket-friendly software.
2. ADP Workforce Now:
ADP is the largest name in the world of PEOs or professional employer organizations that help other businesses solve personal problems through full-fledged HR practices. ADP has different plans depending on the size of your business. Be it small, growing, or complex ADP provides tailored solutions.
ADP has four different payroll options to explore:
I. Essential- Exclusively only for payroll processing.
Ii. Enhanced- Payroll, background checks, and unemployment insurance management.
Iii. Complete- This plan incorporates the Enhanced plan with basic HR services.
Iv. HR pro- Training, employee handbook, legal assistance alongside the complete plan.
The pricing for each plan varies, and one can receive a quote instantly via their website. ADP provides 24*7 customer service, to resolve any payroll-related issues. ADP has experience across different industries such as health care, retail, as well as non-profits.
Some of the key players on OnPay charge exorbitant pay basics, embellish wages, discontinue state unemployment insurance, and give employees multiple payment options (including paper checks). OnPay however, offers a 1-month free trial, and starts at $36 per month, with $4 per employee.
Onpay has payroll services along with an HR dashboard. The entire software can be set-up with the 7-step wizard. OnPay's professionals customize the software as per the company’s needs. A key feature of OnPay is custom forms for employees. They can be tailored to keep track of a variety of things such as equipment records. The software offers different integrations to make the payroll processing more comprehensive, and inclusive.
Surepayroll is another software for small businesses. With a 20 year run in the market, it has helped numerous small businesses to be abreast with the rules and regulations.
At the moment, the software has two service plans. A full-service plan starts are $29.99 per month, with automated tax filing, payroll, and baseline HR features. The other alternative plan starts at $19.99 per month and omits the automated tax filing and HR tools. In comparison to Gusto, Superpayroll falls short of offering a wider range of HR services. At the moment it is limited to onboarding features i.e. pre-employment screening. The exact quote for your business can be reviewed on their website within seconds.
While it may seem strange to describe payroll company software as "beautiful and friendly", it's all about Wagepoint's software. Based on its smiley face logo and the short cartoons on the payroll dashboard, WagePoint is a could-based solution for companies with less than 100 employees. It automates payroll functions and is available to businesses across North America. Wagepoint charges only $ 20 per month and only $ 2 per employee per month.
Wagepoint does not offer any HR integrations, and solely payroll software at the moment. However, its customer service and interface are excellent, making it the first choice for small business owners.
Handling payroll can be tedious. Cut through all that stress by investing in payroll software. Sit back, and leverage technology for efficient and accurate payroll management.