The best payroll software for a small business will be an online system that’s easy to use, flexible, and works effortlessly with your existing systems. We’ve reviewed over 20 different platforms to find the creme de la creme.
Best Payroll Software for Small Business is a cloud-based software that is easy to use and helps you manage payroll tasks easily with no requirements of external hardware and software. It is the most simple, cost effective and convenient payroll software out there. You are going to love it!
QuickBooks Payroll
If you’re already using QuickBooks for accounting, then QuickBooks Payroll is our easiest to set up option, as everything will be automated, and it’s going to be an intuitive program for any QuickBooks user. You’re unlikely to need to contact support for help because the tutorial and knowledgebase are so thorough. Even if that’s not working for you, a quick search online will send you to a multitude of walkthroughs.Pros
- Easy setup and intuitive interface
- Seamless integration with QuickBooks accounting software
- Fast direct deposit options
Cons
- Not a good value for the cost
- Time track on the go feature not available in lowest-tier plan
QuickBooks earns our nod for the easiest setup because its user interface is so intuitive for anyone familiar with QuickBooks. In addition to customer service, there are ample resources online to get anyone on board with their payroll services. QuickBooks does a good job making establishing and running payroll simple for anyone regardless of experience.
Although QuickBooks offers excellent features, if a bit limited in its HR options, you’ll pay for them. The lowest-priced plan starts at $45 per month, plus $4 per person per month. The Premium plan costs $75 per month, plus $8 per person per month, but it also expands its features to include HR support and a payroll setup review from an expert. The Elite plan from QuickBooks costs $125 per month, plus $10 per employee per month, and you’ll get 24/7 support, plus tax penalty protection.
Gusto.
Gusto is one of the most popular payroll software available on the market today. They are a cutting-edge SaaS offering and make old providers like ADP look like they are from the stone age. Gusto provides an intuitive and easy-to-use interface that makes the complete user experience enjoyable and hassle-free.
Plus, it’s capable of handling both general human resource management and essential administrative duties.
Best For:
Its highly user-friendly interface and administrative capabilities make it the most suitable option for small businesses.
Key Features:
- Robust Security: It offers bank-grade security with 256-bit encryption of data flowing between authorized stakeholders
- Child-support Garnishments: It automates the payments for all employees in all states except California
- Automatic Wage Adjustment: Gusto is capable to adjust wages of employees automatically to ensure minimum is paid to everyone and comply with FLSA Tip Credit minimum wage compliance
Pros:
- Automates the payroll management system and direct deposit.
- Calculates and pays off payroll taxes of employees automatically
- HR teams can integrate their payroll setup with multiple accounting tools
- It offers a free trial
- Gusto leverages a nine-step wizard to ensure the setup is easy and accurate
- Employee onboarding – HR experts can use the software to enable self-onboarding for new hires
- Offers faster processing of basic payroll data
- It allows users to save the data and start working at any point in time
Cons:
- Its customer support is not available on weekends
- There’s no option to pay from prepaid debit cards
- You need to download reports to view them especially
Cost:
Gusto offers a 30-days free trial with all the features. Its paid subscription plans start from $39 per month. Moreover, businesses need to pay $6 extra for adding a new user to the system.
REASONS TO BUY
+Easy to use +Works out tax +Full-service payroll in all 50 states
REASONS TO AVOID
-Less suited to big firms-Efficiency could be better
Gusto offers a full-service payroll, incorporating time tracking, compliance, as well as managing taxes, 401(k), and benefits such as medical, dental, and vision plans.
Gusto also integrates with a number of existing accounting software and related platforms, such as Freshbooks, Quickbooks, Aplos, Zipbooks and Xero accounting software.
There are a handful of different plan levels available, with the cheapest offering to cover the basics of payroll, by way of a monthly software fee plus a fee per employee. After that plans offer features such as onboarding, time tracking, accounting, benefits, and document management.
There is also a full-service payroll available, which along with employee self-service, also offers onboarding, directories, surveys, as well as support and a resource center.
Sage Business Cloud Payroll
Best payment solution for SMEs
TODAY’S BEST DEALSSage Business Cloud Payroll£3.60VISIT SITEat Sage
REASONS TO BUY
+Enter hourly or annual pay +Quick calculations
REASONS TO AVOID
-Not suitable for big firms-Steep learning curve
Sage Business Cloud Payroll is a payroll platform that makes it easier for businesses and human resource managers to process employ payments. Sporting a quick, four-step pay run, the platform lets you enter hourly or annual pay, and Sage will then handle the rest.
There are tools to process absence, bonuses, expenses, holiday pay, pensions and student loans. Additional features can process PAYE and HMRC tax filing, and there is even a mobile app to manage payroll while on the go.
More than anything, the software is easy and quick to use – you don’t need any experience or training to get around the user interface. However, if you do end up getting confused or experiencing an issue, you can access a 24/7 support service.
What’s worth noting is that this software is aimed squarely at small and medium-sized businesses, and offers transparent pricing.
Conclusion
This publication focuses on small business payroll software. The majority of the leading payroll system vendors in the market offer free or inexpensive options for small businesses. The Top Small Business Payroll Software section includes an overview of our top-rated solutions, along with a detailed review of each. Several high-quality online and mobile payroll providers made the Best Free Payroll Software…