best payroll solutions for small businesses

It automates tasks to remove usual cumbersome, time-consuming HR processes. This solution is best used for restaurant operations since you can readily integrate its payroll system with Toast’s POS tool. However, don’t think that the Basic Payroll plan is basic and bland. It is a robust package, complete with historical reports, including a check/deposit payment report with all the details. However, if you want to have a module that will file your taxes automatically, we recommend that you go ahead with the Full-Service plan. This allows for flexibility, especially when you are running on a tight budget. That means that even if you are a small enterprise, there is no need to settle for less.

What are the reasons why small business fail?

  • Lack of research.
  • Not having a business plan.
  • Not having the business funding they need.
  • Financial mismanagement.
  • Poor marketing.
  • Not keeping abreast of customer needs or the competition.
  • Failing to adapt.
  • Growing too quickly.

Our goal is always to make it easy for you to choose the best software provider for your business needs. If you want advanced HR features like employee training and performance feedback, you’ll need the Paychex Flex Enterprise plan.

Best Reporting

For price-conscious companies looking for a single, integrated package, it’s worth a look. Be aware that the Basic level does not include tax filing and depositing. These features are included at the Full Service level, which bumps the monthly base fee to $37 — but keeps the per-employee fee low at $4 per month. Patriot guarantees to file your tax obligations on time and accurately, or they will pay the penalties and interest. Accounting software integration includes both the online and desktop versions of QuickBooks. OnPay keeps it simple, offering a wide range of features encompassing payroll, HR and benefits for one base rate — and the first month is free.

Furthermore, you can get native apps for QuickBooks Payroll on Android and iOS. Lastly, the standalone Full Service Payroll solution’s base price is $24 per month, and each additional user costs $4. If you know your employees well enough, you may not need as many features as someone who doesn’t. You need to take the time to look at each program and see how easy it is to use and navigate. You also should choose a software program that will fit into your budget and still meet your goals. There are a number of options out there so take the time to compare all the features and benefits before deciding on which is right for your business.

Intuit QuickBooks Payroll

Running payroll is easier, of course, when a site is well-designed and easy to understand. It was designed with mobile access in mind, so both its apps and its browser-based version are intuitive and attractive. Roll by ADP is the most innovative payroll application we’ve found. It’s a mobile app that uses chat commands for everything, including running a payroll—hard to imagine, but it works.

  • OnPay offers a wide range of payroll features plus benefits administration and HR tools for one base rate.
  • If you have few employees or a very simple payroll, the process shouldn’t take more than a few minutes.
  • It features custom reports, compliance, and a pre-process register, and other proactive elements.
  • Free direct deposit.Direct deposit is free, and you can also make payments via printed or handwritten checks and even cash.
  • Affordable, with a strong range of features that can help with other areas of HR.

It facilitates employee benefits including health care, wellness, retirement plans and more. All three of Intuit QuickBooks Payroll’s subscription levels are full-service, meaning the company submits your payroll taxes and filings for you. But its most service-rich level is $125 per month plus $10 per employee per month. The company has an ongoing promotion that gives you the first three months at 50% off. If you’re still doing your company’s payroll manually, you know that the process is complex, exacting, and deadline-driven. Your employees count on you to dispatch their paychecks and authorize direct deposits on scheduled paydays. They expect you to know how much to withhold for all the taxes you owe and the benefits you offer.

Save time and reduce risk by automating payroll tasks

Square Payroll is easy to use and has all the features we looked for in a payroll software company. Like the other payroll service providers on our list, Wave has had complaints leveled against it relating to unpaid payroll taxes. It’s also important to note that Wave Payroll supports payments for fewer than 40 employees, so if your business has more than 40 employees, you’ll need to look elsewhere. Payroll services do all of the hard work for you and handle any legal requirements for your state so you can focus on running your business.