Best Payroll Software for Small Businesses

Portia Neequaye

Portia Neequaye

5 min read

2021-04-13

Best Payroll Software for Small Businesses

We all know wages and salaries are rewards for work done; either in a corporate physical structure or remote structure. Historically, payroll has been one of the most complex elements of running a company. Company owners need to see to it that all employees are paid accurately deducting the necessary taxes so as not to be fined by the Internal Revenue Service (IRS). The best payroll software needed in recent times to aid work are discussed below;

RemoteTeam

Remote Team is one of the best Human Resource and payroll software for your small business or startup. Teams are becoming more global and remote everyday, yet everyone still needs to get paid. Remote Team’s simplified and automated payroll process globally includes earnings, deductions and time off- zero spreadsheets with zero clicks. It is also free for up to 3 people. Remote Team makes it easy for you to track and manage time off requests. You can also review and approve vacation requests, sick leave, personal leave and many more. You can even customize and create your own policy and time off requests as needed. When you use Remote Team, you can skip the bank inconvenience and keep your payroll up-to-date.

GUSTO

Gusto is a full-service online payroll company that provides great services out there. They serve over 100,000 businesses worldwide with impressive HR extras. Gusto is pretty simple, the reason why a lot of companies prefer it to others. It is easy to set up, manage and most importantly pay workers. You can run it on autopilot if the pay doesn’t change and it is really fast. It doesn’t take a lot of experience to be able to use it. Gusto doesn’t only calculate your taxes but also does all the filing. Other software charges extra if taxes are paid but it is free with Gusto. Its onboarding process is quite easy for both new hires or contract-based workers. Interesting thing is, old employees can still view their old payroll information. It has plenty of features with healthy reputation and positive online ratings.

ADP Payroll

This is one of the most popular online payroll services with basic HR features in every package. It offers payroll and outsourcing services throughout countries worldwide. They have a two different plan level: they have a service for a small business payroll, about 1- 49 employees and a mid-sized – enterprise payroll (50- over 1,000 employees) it allows one to set job boards in finding the right fit for a job, interviewing, and then offering employment. It also allows you to track employees’ work hours most importantly when they are working remotely. In order to know the price of ADP Payroll, it is best you visit their website for a price quote.

Wave Payroll

It offers affordable self-service payroll that integrates easily with wave’s completely free accounting service. Wave offers a full-service plan as well. When signed on, its plan is not dependent on features, rather, where you live. It has a low base cost of $20 per month.

QuickBooks Payroll

It is a powerful, feature-rich and secure software that easily integrates with one’s existing QuickBooks Online account. It has a simple user interface that requires no experience. There are three versions of QuickBooks Payroll software to choose from; QuickBooks Payroll Core, Premium QuickBooks Payroll and QuickBooks Payroll Elite. It provides up to 50% off for the first three months.

Square

Square derived its name from how it started; using a small white square-shaped credit card reader and a tablet cash register, but it currently provides businesses with a lot of tools to ease business, one is the payroll software. This software enables employers to pay full-time employees and contractors. It also allows hourly tracking. The software comes in a mobile app form as well, enabling managers to pay employees from anywhere. It is one of the best software because it works for any business size and it is customizable. Just like the Gusto, it is equally easy to set up; simply input company and workers’ information and run your payroll.

Conclusion

In recent times, every startup needs payroll software to help provide solutions to activities. However, each payroll software is designed differently; there are options better than others. The above are the best five software for start-ups/small businesses.

Further Reading:

What Are W-8 BEN and W-8 BEN-E Forms?

Here are the most remote-friendly jobs you can do from anywhere.

Looking for a remote job? Here’s where to find them

How Can You Schedule a Productive Remote Work Day?

Portia Neequaye
Written by Portia Neequaye

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