Living in the digital age, manually managing your payroll is unnecessary and inefficient. There are numerous payroll software solutions available to help business owners with this particular task. These software solutions are highly specialized. They have no unnecessary features and are also very affordable. To help you with your payroll concerns, we’ve compiled a list of the best payroll services that you can use for your business.
Payroll software review
Small business payroll software solutions give you different options ranging from expensive and extensive in-house business payroll software to inexpensive but reliable specialized online services. The main payroll software products are:
1. QuickBooks – This is an accounting and payroll software solution that is simple, efficient, and has multiple payroll options. Priced at around $ 100 to $ 300 per year, this software is a smart choice for small business owners looking for a comprehensive payroll service. QuickBooks also offers online payroll services at $ 29.95 a month.
2. SurePayroll – This is an online payroll service offered at $ 45 per month. It incorporates well with other reputable desktop accounting tools. You can also file your tax returns efficiently. SurePayroll is also available to represent you before the IRS if problems ever arise.
3. XpressPayroll – This is an easy-to-use and convenient online payroll service for small businesses. Process payroll easily. You can also file taxes, create reports, and process direct deposit payments.
4. Paychex Online Payroll – This is a comprehensive suite of web-based business payroll services that include complex and simple payroll management capabilities. With this tool, you can manage employee compensation and 401 (k) plan more efficiently. Paychex’s Online Payroll has more than eight years of experience in this field.
5. PayCycle, Inc. – This company offers an online business payroll service that is currently used by 50,000 small businesses from different industries. This service covers pre-tax employee contributions as well as distributions from employer health savings accounts. It also has an electronic filing feature for IRS Form 944.
6. ADP (Automatic Data Processing) Inc. – This company provides data processing services to the medium-sized and enterprise markets. Their small business payroll solution called EasyPay offers several types of services, including direct deposit payments, payroll envelope preparation, as well as payroll tax deposit, filing and reporting.
7. Peachtree – This is a complete accounting package that includes a small business payroll module. The software can easily and efficiently calculate your payroll, deliver checks, process direct deposits, and file federal, state, and local taxes.
8. E-chx Inc. – This is an online payroll service that is currently gaining immense popularity. He specializes in various industries, including catering, retail, legal, and accounting. In addition, the company offers its users a two-hour callback guarantee.
9. PayUSA Inc. – This company has more than 40 years of experience in the industry. It prides itself on the convenience and speed of its trademarked “Payroll in a Flash” service.
10. Wells Fargo Business Payroll Services – This is a convenient payroll service that can print checks and process deposits. You can also handle tax deposits or send W-2 and 1099 forms to your employees.
Tips for choosing business payroll software
Price isn’t the only factor to consider when purchasing or subscribing to a small business payroll service. The company’s experience and its ability to represent you before the IRS in difficult situations should also be considered. You may need to check references and reviews regarding company services to make sure their payroll service is tailored to your business needs and preferences.
The following are the essential features to consider when choosing business payroll software:
– Automatic tax calculations
– Handling of federal forms
– Customization options
– security
– Simplicity and convenience
– Check printing
– Generation of commercial reports
– Direct deposit
– Technical support
Remember that you don’t need an expensive accounting package if you are just a start-up business. On the other hand, relying on small business payroll software that is less expensive and lacks important features can also be useless.