You’re looking for the best payroll software for startups, but you’re confused about what program to use. You want it to be easy to use, but you don’t want to sacrifice on features that will make your job easier. Plus you don’t want to break your budget…
We’d like to introduce you to the best payroll software for startups – Treats. Besides various online and mobile apps, we’ve also made a comprehensive dashboard that lets you see how your business is doing.
QuickBooks Payroll
QuickBooks is one of the most trusted payroll systems that can handle the hassles of your payday and taxes. You can schedule and run payroll automatically, so you don’t have to do it at the last minute and commit mistakes.
Let them handle the heavy tax calculations and then file and pay the payroll taxes on your behalf. If you want, you can always proceed with direct deposit on the same day. You can also manage employee benefits and HR using the same account. Manage everything in a single place and approve payroll only when everything is ready, and gain integrated employee solutions.
With QuickBooks, you are covered with tax penalty protection, where they will pay you up to $25,000 in case there’s an error in the tax submission process, and you get a payroll tax penalty. Leverage time tracking to approve timesheets, create invoices, and pay the team members on the go.
More features include HR support to set up the account, tax-time coverage, quick answers to your problems, workers’ compensation on account of on-the-job injuries, health benefits with affordable insurance packages, and 401(k) retirement plans.https://www.youtube.com/embed/lDFpO8uhS-Q?feature=oembed
They offer you all these amazing features even if you have a small budget. The plans start at $12.50/month.
Gusto
Gusto, which used to be ZenPayroll, was founded in 2011 and is widely known for being an affordable payroll and benefits management software for startups and other small businesses. Its mobile interface integrates seamlessly with accounting and time-tracking software. The autopilot feature ensures your employees are always paid on time, but it also allows you to customize pay schedules whenever you’d like.
In addition to payroll features, Gusto also offers tools for HR managers to manage job offer letters, health insurance, 401(k)s, paid time off (PTO) policies, workers’ compensation insurance, and more. Plus, it can automatically handle federal and state payroll taxes. And with its self-service portals, your employees can download pay stubs and tax forms. However, the platform does lack integrated background checks, an IT systems management feature, and does not register for benefits in all states (see the whole list here).
Gusto is most often used by software startups on the smaller side ($1M-$10M in revenue).
Cost: Gusto’s Basic plan starts at $19 per month, plus $6 per month per person.
Patriot Online Payroll
Patriot offers an attractive alternative to other payroll providers with its Basic Payroll plan starting at just $10 per month. Even at that low price point, the plan includes payroll setup, direct deposit, an employee portal, workers’ comp integration, unlimited payroll, a mobile-friendly platform, accounting software integration, electronic or printable W-2s, and much more. Patriot makes it simple and easy to set up its services. All you have to do is send your payroll information, and a representative will do the rest.
The only downside to Patriot’s Basic Payroll plan is that it doesn’t include federal or state tax filings, local payroll tax filings, or year-end payroll tax filings. To receive those services, you’ll need to upgrade to its Full-Service Payroll plan, which starts at $30 per month. However, neither plan include more than a few software integrations, so you may want to look at other providers if you need a one-stop-shop for all of your payroll needs.
Patriot Payroll is a great tool for startups looking for wallet-friendly payroll software.
Cost: Patriot Payroll starts at $10 per month, plus $4 per month per person.
Intuit QuickBooks
Intuit quickbooks is a great payroll software solution. With QuickBooks you can easily manage expenses, send invoices, and even track inventory. Managers can even set payroll to run automatically so they can focus on the bigger picture.
Key Features:
Activity dashboard
Automatic billing
Billing and invoicing
Budgeting/forecasting
Expense tracking
Payroll management
Inventory tracking
Pros & Cons
Easy to use
Nice user interface
Poor customer service
Pricing:
Their most popular plan costs $80/month and includes 5 users.
Free trial: 30-day free trial
Free plan: Yes
OnPay
Automate all the hard stuff of making payments to your team at the right time with OnPay payroll software. It lets you run your payroll even from your smartphone with just a few clicks by entering hours, reviewing, and approving every pay run.
OnPay can easily handle the federal, local, and state taxes via guarantee calculations so that you can avoid mistakes. Bring every book into a single window and say goodbye to the double data entry headache. Besides, Xero and QuickBooks are flexible accounting integrations so that you keep the books looking good and save time.
OnPay’s Report Designer helps you check all the information you care about. You can set up and save the custom payroll reports to highlight the numbers that matter to your business. It also provides employee self-service so that they can sign HR paperwork, request PTO, and onboard themselves.
Manage your team workflows, audits, etc., to stay organized. OnPay introduces COVID compliance by providing cloud-based and mobile-friendly payroll software. You can track medical or FFCRA sick leave and automate FFCRA tax credits. Get HR tools like e-signing, in-app offer letters, online W-4, and I-9 forms, personnel checklists, direct messaging, compliance audits, document templates, and many more.
Get everything at a low monthly fee of $36/month base fee and $4/month for every member.
SurePayroll
Founded 20 years ago, SurePayroll serves mostly small businesses in the U.S. As a full-service payroll provider for small businesses, the company specializes in managing the needs of startups, restaurants, nonprofits, household services, and healthcare. Those services include same-day payroll, next-day payroll, cancel payroll, and auto payroll for salaried employees. Its standard plan only offers two-day payroll processing, but that’s still faster than the standard plan for most payroll platforms.
SurePayroll offers customer service and data migration if your startup is looking to easily transition from in-house tax-filing. However, it does charge fees for services that other platforms provide for free, such as creating and distributing W-2s. SurePayroll offers two payroll options: full-service and self-service. Both include no set-up fees, no extra fees for unlimited payroll runs, flexible payroll options, and more.
The companies using SurePayroll are most often in the software industry.
Cost: Full-service is $29.99 per month, plus $5 per employee per month. Self-service is $19.99 per month, plus $4 per month per employee.
Conclusion
Keep growing your small, early-stage company with the best payroll software for startups. With over 50,000 small businesses using its easy-to-use cloud-based payroll, Gusto makes it simple to run time and attendance, pay employees and run payroll all in one place.