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The following is the cost of Payroll software for small businesses
Payroll software for small businesses
Top 6 payroll software for small businesses
As your business grows, you will be able to manage more and more employees. Paying them promptly is important to prevent turnover, because compliance with all state and federal tax requirements is also true. Fortunately, simple payroll software can shorten the working time of this process. Here is what you need to know about the best payroll software today.
Features of the best payroll software
The best payroll software has some things in common. We have selected the following list based on customer support, user-friendliness and flexibility. The last point is critical, because small businesses often go through periods of rapid transformation or growth. Ideally, you would choose payroll software that can keep up. This means meeting the needs of full-time and part-time employees, as well as freelancers and contractors.
Cloud-based platforms are also important because many companies today do not always work in a central office. You want to be able to access your information anytime, anywhere.
Without further ado, here are our six payroll software choices.
1. with relish
Gusto is easy to use and meets the requirements of all 50 states, making payroll management easy. The payroll software is fully loaded with many important functions. It can handle benefits, healthcare plans, taxes, 401(k) plans, and time tracking. It is also fully compatible with most accounting software platforms, including big names such as FreshBooks, QuickBooks and Xero. Small businesses can choose the most basic Core plan at the beginning, and upgrade to more comprehensive service options as their business grows. At the higher concierge level, Gusto's plan includes HR functions, including onboarding and surveys.
2. Square
You might associate Square with a portable square credit card reader, but the company has evolved to include full-service payroll software. Like Gusto, Square’s services are customizable, so you can adjust your plan to meet your company’s needs. The software can accommodate full-time employees as well as part-time employees and free contractors, paying hourly rates and monthly salaries. It can also manage health benefits, which employees can see when they log in to their Square account.
3. BambooHR
Salary is closely related to HR, so when looking for a payment solution, it's worth checking out HR software. BambooHR covers all your foundations and provides a separate payroll platform to synchronize with its main talent management software. This makes it very easy for new employees to enter the company and track working hours from the beginning. Other features include employee database, applicant tracking, leave tracking, and digital signatures.
4. Zenefits
Another HR platform that includes comprehensive small business payroll software is Zenefits. It builds vacation tracking, hour tracking, salary upgrades and benefits into a common platform. If your human resources and payroll departments are intertwined, you can more easily avoid duplicate entries. For example, your human resources administrator only needs to enter a salary change once to synchronize with the payroll. Like the other software on this list, there are multiple subscription packages to choose from, each with its own features.
5. Quick Book
You may already be familiar with QuickBooks, but this accounting software also includes a simple automatic payment function. Perhaps the biggest benefit of using this platform is that it is designed to run automatically, so in theory, you only need to set up a payroll once. The program will handle tax, payment, and other issues without manual input.
6. Alipay
Finally, Paychex is a major payroll software provider dating back to 1971. If you are interested in improving employee retention, this comprehensive plan is a good choice because it includes a built-in learning management system that allows employees to improve their skills. In terms of salary, Paychex automatically calculates state and federal taxes and is fully integrated with 401(k). It also includes a free mobile application for management anytime, anywhere.
As you can see, there are many simple payroll software solutions to choose from. You need to consider the size of your business and whether you are interested in additional HR functions to find the most suitable one.
We can help
GoCardless can help you automatically collect payments, reducing the number of administrators your team has to deal with when tracking invoices. Learn how GoCardless can help you make temporary or recurring payments.
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