Payroll Software

Best 5 Payroll Software for Your Business

Recently updated on August 23rd, 2022 at 11:59 am

Payroll software handles wage calculations and pay-processing, tracks employees, keeps everyone informed, and generates all the needed reports.

Payroll software is essential for any growing business. But since you are already here, you know that and are here to determine your options.

So, let’s start talking about that.

Here Is the Best Payroll Software You Can Find:

1- Gusto

Gusto

Gusto is a platform that combines HR and Compliance functionalities, benefits administration, and payroll.

The program is well-known for its excellent user interface.

But what’s essential for you, of course, is payroll management.

Using Gusto, you will set up and schedule payments and let the software handle them. The software also supports paperless transactions (to reduce paper waste) and will deliver paystubs via e-mail. Gusto Payroll will also automate the calculation, payment (through deposit or check), and the submission of your business’s taxes.

Features:

  • Time-Saving

Gusto payroll will do all the wage calculations, ACA Compliance, year-end forms, and payroll taxes and store all the data in one location.

  • Full Payroll Automation

You will enter your team’s data, decide how they get paid and how much, and how their tax fillings, pay stubs, and W-2s are handled, and then your employees can add data themselves. They will also be able to download the essential information they need.

  • Easier than ever before

Once the data is entered, it’s all automated. You won’t need to go through endless paperwork, forms, and data to do all the necessary calculations. Gusto Payroll software will take care of all of that. It will automate all local, state, and federal tax invalidated forms, do wage calculations, deposit salaries, and pay the taxes on its own.

  • Accuracy is guaranteed, always.

Another benefit of Automation is eliminating human error, which is also true when talking about Gusto Payroll Software.

  • Always be compliant with all the standards.

The Gusto payroll software is also fully compliant with HIPPA and ACA. In addition, it will prepare ERISA Standards, meaning it will check your data and compliance reviews, and the software, all done automatically, will send notices.

  • 401 (K)s more effortless than ever before

The Gusto Payroll software will also allow you to set up and manage 401 (K) plans easier than you’ve ever seen before, so your employees can save money for the future.

Who is it for?

Gusto is mainly designed for small businesses based in the U.S.

Pricing and Packages

Gusto offers three plans you can choose from:

  • Core Plan: Full-Service Payroll only for $39/month basic fee+ $6/month per person

This plan includes all the payroll features, employee profiles, and accounts. In addition, it offers health benefits, workers’ comp administration, and expert support.

  • Complete Plan: Full-Service Payroll + Advanced HR Tools for $39/month basic fee + $12/month per person

This plan includes all the features mentioned in the first plan, hiring and onboarding tools, time-off requests, an employee directory, and surveys.

  • Concierge Plan: Full-Service Payroll + Advanced HR Tools + Certified HR Advisors for $149/month basic fee + $12/month per person

This plan includes the features mentioned in the previous plan + Certified HR Pros, an HR resource center, and dedicated support.

Supported Devices:

Gusto works best on the Chrome browser, but it does work on all browsers quite well. In addition, it works on both mobile devices and PCs.

2- QuickBooks

Quickbooks

Quickbooks is a top-rated online accounting solution for small businesses and individual accountants.

Quickbooks is feature-rich and well known for its attractive user interface, effective navigational system, flexible contact records, transaction forms, customizable report templates, and, most importantly, comprehensive payroll support.

Features:

Quickbooks is full of advanced features, functions, and insights to streamline accounting to perfection.

  • Easy Navigation:

Quickbooks’s navigational efficiency is one of its most essential features. In addition, the layout makes form management and bookkeeping not only a not-so-boring experience but, as some would say, an enjoyable one.

  • All in one location

All your bills and overdue items will be gathered and kept in one single location so you can follow their progress using the bill tracker. You will also save all your export information and accounting notes to generate all types of reports easily and quickly.

  • Automatic detailed reporting

Automated reporting with Quickbooks pro allows users to customize reports any way they like, thanks to smart reporting filters that help users capture even the most minor details in payroll items and schedule them in a calendar, never to miss a deadline again.

  • Find it Quickly & Modify it.

Quickbooks Pro has many innovative searching features that make browsing a speedy process personalized.

If you went for Quickbooks pro, you would give three users the admin role in the system to find and modify the data inserted there. But if you went for Quickbooks premiere, the number of admins may go up to 5.

Who is it for?

QuickBooks pro works well for businesses of all sizes. Independent contractors and small, medium, and large companies will be pleased with the solution.

Pricing and Packages:

Quickbooks offers several pricing plans that are charged by month, but you can get a discount if you sign up for an annual subscription:

  • Simple Start: $10.36/month

With this plan, you will create estimates and invoices and download bank transactions.

  • Essentials:  $18.86/month

Adding to the features mentioned in the previous packages, you will manage and pay bills. With this plan, you also get the possibility for multiple users to use it.

  • Plus: $23.97/month

With this plan, you get all the features in the Essential plan, and you can track inventory and prepare and print 1099s.

Supported Devices:

Windows PC, Mac, and Mobile Devices.

3- Patriot Payroll Software

Patriot

Patriot Payroll software is a reliable and affordable online accounting and payroll solution designed to be user-friendly.

The software is simple enough for anyone to start using it immediately with no need for training.

The software runs on servers in a secure data center, so your data is always safe. In addition, handling accounting and payroll processes such as organizing accounting data, managing invoices, and doing wage calculations to the penny, will become much less complicated with Patriot Software’s online accounting and payroll solutions.

Features:

Simpler Than Ever Before

Business owners are not all accountants, but all businesses need accounting to ensure everything is running smoothly and the way it should be.

Patriot Software knows that well and how complicated and confusing all of that can be, so it takes care of all the accounting processes for you.

  • Do it all from one place.

Through the software, you can calculate the bills of your contractors and vendors accurately, pay them, track the payments, and generate the reports you need with unparalleled ease.

Of course, you will also e able to pay your employees just as quickly, and the setup process is not nearly as complex as you think it would be, partly thanks to the customer support that will be with you every step of the way.

  • Calculations are done hassle-free.

Once you set up the patriot payroll software, you will enter the employees’ data and working hours, and the software will do all the calculations for you.

The Calculations are all done accurately (guaranteed accuracy), and you can process as many payroll transactions as needed.

  • Pay any way you like

You can pay the employees via direct deposit, paychecks, deliver salaries, or any other way you like.

Who is it for?

Patriot Software is created especially for small businesses to simplify the accounting and payroll processes, so business owners don’t have to deal with these processes’ complicated technicalities and complexities.

Pricing and Packages

Patriot offers 3 pricing packages:

  • Accounting Software for $12.50/month

In this package, you will access all the online accounting features. You can track your income and expenses, create invoices, track unpaid invoices, record payments, and track bank deposits and withdrawals.

  • Basic Payroll for $10/month

With this package, you get free setup and support. For example, you can print checks or use free direct deposit, print W-2s, and have access to the employee portal, but you won’t download tax tables.

  • Full-Service Payroll for $25/month

With this package, you get all the basic payroll features we just mentioned, and you can also file W-2s and W-3s, file and deposit local, state, and federal taxes, and do all the needed tax fillings.

4- OnPay Payroll Software

OnPay Payroll Software

OnPay Payroll is a payroll service for small businesses that allow them to manage their payroll process online at any time from anywhere.

And since it’s an online service, you don’t need the whole “set up and training” thing, and you can start using it in minutes. It’s also straightforward, as you can easily enter working hours, wages, and bonuses.

The service is also known for its fast load times, whether you are or what device you are using.

Features:

  • Employee Self On-boarding

Onboard all your employees, and they will be able to enter their personal details online and save key documents in OnPay’s secure document vault.

  • Lifetime Accounts

Employees can access their W-s forms and paystubs online forever, even if they leave the team.

  • Let it handle the taxes.

OnPay Payroll will calculate the payroll taxes, pay them, fill the forms and file them. All done automatically.

  • 100% accuracy Guaranteed

OnPay guarantees its service is 100% accurate and will also handle any payroll-related issues that may come up with the IRS. They also promise to cover any fines in case things go south.

  • Pay Runs with no limits

You can schedule pay runs, cancel them, or make corrections without extra charges.

  • Integrate with other apps and services easily.

OnPay payroll service integrates with other apps and services such as Intuit Quickbooks, Kabbage, Xero, ThinkHR, and many others.

  • Affordable

OnPay is one of the most affordable solutions you can find, and it can save you a lot of money. However, you should note that this also means the service is basic, and you may not find all the features you need or want.

One such feature is the direct deposit which is not available to all employers.

Who is it for?

OnPay is perfect for small businesses, but larger enterprises should look elsewhere because it is basic.

Pricing:

With OnPay, you can conduct your business’s payroll online for a $36 a month basic fee + $4 per employee or contractor.

They also offer printing and shipping W-2s for $5 each + shipping fees.

Devices Supported:

OnPay is an online service that should work on any device. However, it does not have a mobile application.

5- PayChex Flex

Paychex Flex

Paychex Flex is a web-based human capital management solution designed to meet any business’s needs, regardless of size.

With Paychex Flex, employers can access recruiting and applicant tracking, HRIS, onboarding, benefits administration, time and attendance, payroll, and more.

Paychex Flex is built on a central platform and can easily track information in real-time across its applications.

Features:

  • Easy Payroll Processing

You can access payroll online from any device, or they can do it for you if you called or e-mailed

  • Automatic Payroll Taxes

Paychex Flex will calculate the local, state, and federal taxes, file them and pay them without you having to worry about anything. Peace of mind has never been easier to achieve.

  • Employee Self-Service

Your employees can log in from any device to see their check stubs, W-2s, and more.

  • End-to-end HCM

Their comprehensive HCM Solution will integrate payroll, taxes, recruiting, onboarding, and more to reduce errors to a minimum.

  • Flexible, professional service for US-based businesses

U.S.-based businesses will enjoy the service of specialists 24/7 that will help them with any issues they may encounter with their payroll processing.

  • Scalable

The software is scalable with unlimited custom fields and other deep customizability options. HR Functionality is also available.

However, this comes with a cost, and the service is relatively costly compared to its direct competitors.

  • Your Standard Payroll Features

Of course, you get your standard payroll features such as automatic payroll tax administration, payment any way you like (direct deposit, paper checks, pay cards, etc.), and the ability to pay all types of workers (contract, hourly, salaried, etc.), robust reporting and analytics, and so on.

Who is it for?

This solution will work with businesses of all sizes.

Pricing and Packages

Unfortunately, Paychex flex doesn’t disclose the prices for its packages, but here are the packages:

Feature

Express Payroll

Paychex Flex Select

Paychex Flex Pro

Paychex Flex Enterprise

Payroll Tax Administration

Yes

Yes

Yes

Yes

Mobile App

Yes

Yes

Yes

Yes

New Hire Reporting

Yes

Yes

Yes

Yes

General Ledger Service

No

No

Yes

Yes

Workers’ Compensation Report

No

No

Yes

Yes

State Unemployment Insurance Service

No

No

Yes

Yes

Analytics and Reporting

No

No

Yes

Yes

24/7 Support

Yes

Yes

Yes

Yes

Dedicated Payroll Specialist

No

Yes

Yes

Yes

Garnishment Payment Service

No

No

Yes

Yes

Direct Deposit

Yes

Yes

Yes

Yes

Pay Cards

Yes

Yes

Yes

Yes

Devices Supported:

Paychex works on all platforms.

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