best payroll solutions for small businesses

It has a robust and flexible framework, facilitating the implementation of sector or company-specific applications. Implementation time can vary depending on company size, selected features, and how many HR functions you must automate. When testing Rippling’s platform, we found it intuitive and user-friendly.

  • However, implementation can be tricky at first and the reporting function could be improved.
  • This feature refers to the ability to file federal, state, and local tax forms using the software.
  • In numerous buyer’s guides across our site, we evaluated these payroll companies using a 5-star scale with criteria specific to the type of payroll services they provide and the businesses they cater to.
  • Not surprisingly, they’re equipped with generous support options, since payroll managers need responsive assistance during setup and troublesome pay runs.

The most popular payroll software solutions include Gusto, TriNet Zenefits, and QuickBooks Payroll. Some payroll software solutions also allow instant messaging and media sharing. Ready Pay by ePayroll offers many standard features, including compliance management and general ledger integration. The software supports contractor payments and off-cycle payrolls but lacks an employee database. The benefit of Workful for small business owners has to be its ability to cover many bases at once thanks to payroll, HR and timesheets all being handled within one package.

Odoo ERP

However, it’s a convenient option for those who are already using the rest of the Xero ecosystem. Zenefits is a comprehensive platform for managing onboarding, benefits, and HR as well as payroll. Payroll can be integrated fully into Zenefits plans as an add-on for $6 per employee per month or comes included in the highest-tier Zen plan, which costs $27 per employee per month. Zenefits also connects with a variety of third-party tools, including Xero and QuickBooks. A payroll solution should offer automatic tax calculations for federal taxes, state taxes, and local taxes and be regularly updated to keep pace with regulation changes.

  • From the safety of our homes, many of us grew accustomed to ordering groceries and toilet paper online.
  • What’s more, according to the survey of Australian workers, more than a third are still being paid incorrectly.
  • Furthermore, a fully integrated webSHOP is available as a third-party add-on.
  • SurePayroll integrates with several popular accounting applications like Zoho Books and Sage 50—not just the standard ones like QuickBooks and Xero.
  • Instead, it has one full-service plan with new hire reporting and tax filing for federal and state agencies.
  • The pricing is competitive, and it features everything businesses without an internal payroll team will need.

BambooHR, for instance, provides a separate payroll platform that syncs with its employee-management software. In addition, most free services allow you to export your payroll ledger to accounting software, like QuickBooks Online. Several free and paid payroll systems offer accounting and payroll tools for seamless workflows.

Big business benefits on a small business budget

User reviews cite the strength of the reporting feature, but a lengthy onboarding and set-up process. SurePayroll was established in 2000 and became a subsidiary of Paychex, Inc. in 2011. It offers an alternative to Paychex Flex for businesses that require a full-service solution with HR features. SurePayroll has built a reputation for keeping on top of regulation changes and reliable tax payment automation. Attractive offerings from QuickBooks include next-day and same-day direct deposit into employee bank accounts, as well as tax penalty protection against the IRS for up to $25,000 on the Elite plan.

Gusto includes a number of other specialized features, including expense integration, net-to-gross calculations, payroll reminders, and easy payroll cancellations. Users benefit from 256-bit AES encryption, which safeguards their software against security breaches. However, it’s not simply a case of ensuring taxes and benefits are properly managed, but also that employees are provided with clear information to reflect their wages as well as necessary deductions. Payroll software could have helped the company avoid this costly penalty by using calculation and compliance engines to compute the correct overtime pay and tax withholding amounts. These tools update automatically to the latest state and federal regulations to ensure accurate payroll and legal compliance. is a leading authority on technology, delivering lab-based, independent reviews of the latest products and services.

Things to Consider When Evaluating Small Business Payroll Software:

Others function as an all-in-one HR and payroll platform with built-in document storage and onboarding tools. Find the right fit for your company by assessing your current payroll challenges and goals and then using this information to identify your ideal payroll software and its feature set. Besides monthly and per-person costs, some payroll service providers charge fees for add-ons and other services.

best payroll solutions for small businesses

The required amounts are then deducted during the payroll process and submitted to these providers. Online payroll services are web-based tools where you have an account that lets you process your organization’s payroll and distribute the correct amount Accounting for Startups: A Beginner’s Guide of money to employees every payday. They also calculate and submit payroll taxes and filings and track other withholding, such as for health insurance and retirement plans. These sites are compliant with standard HR guidelines and best practices.

QuickBooks Payroll Key Features

Market only, the software offers sufficient features for basic payroll activities, plus the capacity for off-cycle payroll processing. While IRIS offers a generous selection of plans, it doesn’t support multi-state payroll processing as it’s designed for U.K. Square’s payroll solution is user-friendly and plans include unlimited pay runs per month.