Best Payroll Software

One essential aspect of running a business is dealing with employees wages. Business owners frequently ask one pertinent question: Am I doing my payroll the right way? To eliminate this doubt, bring transparency, and ensure things like taxes and federal employment regulations are tackled appropriately, you need payroll software that can handle all these functions effortlessly. Gygzy provides user reviews to help you to choose the best payroll software. With the help of these user reviews, you’ll find the best payroll service for small businesses, corporations, manufacturing businesses, and many more. This way, you know you won’t worry about getting this crucial piece of the puzzle wrong. Simply pick a payroll software below that fits your requirements to a tee. If you need more information, read our user reviews for real insights into software usage and functionality. At Gygzy, we understand that getting the best payroll software for your business can be frustrating. This is true, especially when businesses don’t have the luxury of trying out multiple apps. In an attempt to provide you the best payroll service, our in-house researchers hand-pick some of the most refined, feature-rich, and professionally developed payroll services for small businesses. With Gygzy, it shouldn’t take you an eternity to choose the best payroll software for your establishment. We have done the research, reviewed the best options, and sieved through the remaining until only the top payroll software was left. This careful planning and analysis mean that you won't have to worry about getting the wrong payroll software package.

Paychex, Inc. is a pioneer in the outsourcing field in human resources, payroll, and benefits, with a strong dedication to success and a record in accomplishment that continues a history of delivering excellence. By integrating its advanced software…

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    Monthly Payment
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Kronos provides the industry's most powerful suite of services and tools to run and engage your entire workforce. It offers workplace strategies tailored to the company and all the workers. Kronos solutions' success in handling and involving the who…

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    No
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    Monthly Payment
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OnPay, a fast-growing software company, was founded in 2011. It offers accountants and small businesses the best payroll in the cloud backed up by a group of friendly and helpful professionals. It has collected its experience with the new technology…

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    Yes
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    Monthly Payment
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Sage is the global technology market leader helping small and medium-sized companies perform at their best. By offering advice and guidance to everyone who wants it, it is dedicated to helping UK businesses. Millions of customers around the world tr…

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    No
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    Monthly Payment
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SurePayroll started its operation in 2000 with a mission to serve America's small businesses. That's why it gives small companies three months free. It helps U.S. small business owners succeed by delivering payroll and related services through world…

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    Yes
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    Monthly Payment
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Intuit Payroll is an effective but reasonable payroll solution that comes in three packages to suit the needs and budgets of different businesses. And package has its limitations, except for the top-tier product, the Full-Service Payroll, in which t…

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    Yes
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    Annual Subscription
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ADP assists businesses of all types and sizes to unlock their potential. For providing services for human resources, it has a strong background and strives to do more than that. It challenges itself to think forward, anticipate, and take action in a…

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    No
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    Qoute Based
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Gusto was established in 2012 as ZenPayroll, and serves more than 100,000 companies worldwide. Each year it manages tens of billions of dollars in payroll and offers incentives for workers such as health care and 401(k) accounts while helping compan…

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    Yes
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    Annual Subscription
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Paycom provides cloud-based human capital management software to assist companies to simplify employment processes, from recruitment to retirement. Paycom was established in 1998. With a robust suite of products including time, talent acquisition, p…

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    No
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    Monthly Payment
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In 2012, Namely was launched to create an HR platform as intuitive as social media, but strong enough to back the complexity of today’s workforce. Its mission is to assist mid-sized companies in forming a better workplace. At Namely, they are buildi…

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    No
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    Monthly Payment
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Patriot Software was established 30 years ago. It provides American small companies online accounting and payroll software. It has a passion for small business, hard work, and offering simple, and powerful, the software you can afford. It has more t…

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    Yes
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    Annual Subscription
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Ceridian, a global human capital management software firm, was established in 2012. Dayforce, its flagship cloud HCM platform, offers payroll, benefits, workforce management, human resources, and talent management capabilities in a single solution. …

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    Annual Subscription
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Justworks’s mission is to assist entrepreneurs and businesses in developing confidence. At Justworks, they are making it easier to manage a business, and assisting teams in leading healthy and happy lives. It does this with a friendly and straightfo…

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    Yes
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    Monthly Payment
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Wagepoint is a fast and straightforward online payroll software, supported by the world's friendliest team. Its app is straightforward and is ideal for small businesses across North America (the US and Canada) looking to pay their staff on time and …

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    Yes
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    Annual Subscription
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TRAXPayroll offers a single affordable, comprehensive, and easy to use a system for all of your human resource and online payroll needs. It is one of the few businesses to provide tax filing and direct deposit at no extra charge and fully advanced e…

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    No
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    Monthly Payment
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HRAPP is a cloud-based Payroll and HRMS solution with sophisticated web technologies. It enables organizations and companies to take full control of their HR and payroll activities and processes. The software also provides great support of audio and…

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Hivepayroll, a powerful cloud-based payroll management service, was established in 2018. It is for small businesses in India. It is India's most reliable payroll software payroll processing solution. It is well known for 10x faster and hassle-free p…

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    Yes
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    Free
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Paycor is popular for providing intuitive, modern HR, recruiting, and payroll solutions. It focuses on helping business leaders, entrepreneurs, and HR professionals make a real difference in their organizations. More than 30,000 small and medium-siz…

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    No
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    Monthly Payment
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Guide to Choosing the Best Payroll Software

As a business owner, managing payroll is undoubtedly one of the essential parts of your company operations. Most business owners tend to spend significant time on managing their payroll; what a lot of them don't know is that it's best to leave it to payroll software. This article will discuss how to choose the best payroll software for your business. Ensure to read it carefully as we cover all the essentials you need to know to run payroll software successfully. 

What is Payroll?

Before discussing payroll software, let’s understand what payroll is. Well, payroll is perceived differently. One definition of it is the process of calculating and distributing employee wages. Another is the amount you pay your workers on an hourly basis.

What are the Parts of Payroll?

Payroll may sound like a simple process. But in fact, it has numerous parts that you should go through. 

Employee Information
Number of Hours Worked
Wages and Salaries
Leaves
Fringe Benefits
Overtime Pay
Other Types of Pay
Payroll Taxes
Gross and Net Pay

How to Run Payroll for Your Business

There are three methods through which you can run the payroll of your company. 

Outsource to a Payroll Accountant
Run Payroll Manually
Utilize Payroll Software

Common Errors in Payroll

Payroll is a realm where a lot of mistakes are overlooked. That is primarily why it is advisable to use payroll software. To ensure you do not make the common payroll mistakes, we will make you familiar with some of them. So, you will know when to identify a mistake when you see it. 

Missing Deadlines
Data Entry Mistakes
Categorizing Employees Incorrectly
Relying on software too Much
Underestimating the Importance of Confidentiality
Calculating Overtime Pay Incorrectly

What is Payroll Software?

Payroll software is a system that automates the tasks of your business related to payments to be made to employees. It makes the payroll process faster while eliminating errors occurring during the payroll process. You can find payroll software as a standalone system or as a part of HR software.

Types of Payroll Software

We can categorize payroll software based on multiple factors. For instance, it can be classified in terms of the size of the business, deployment, etc. Aside from this, there is another categorization that can affect your workflows.

Committed Payroll Management
Integrated Payroll Management

Must-have Features of Payroll Software

As mentioned above, different payroll software may have various features. But some features are must-have for all the best payroll software. Become familiar with them so that you know what to require from your payroll software company. 

Payroll Management
Cost Management
Benefits Management
Monitoring Attendance and Time
Leave Management
Reports, Forms, and Payslips
Income Tax and Deductions 
Tracking Records

Why Should You Use Payroll Software?

You should have a good idea of payroll software and its features. But you may still wonder why you should utilize payroll software. If that is the case, check out the benefits that come with the best payroll service. 

Benefits of Payroll Software

Work Time-efficiently and Without Errors
Pay Taxes Accurately
Access Fast to Employee Information
Pay Your Employees Accurately
Customize Reports
Create Transparency
Strengthened Security

How to Choose Your Payroll Software?

You now have a good understanding of payroll software, its types, features, benefits, and more. Yet, they are not enough to select the correct software for your business. Pay attention to this next paragraph to ensure you do not select the wrong payroll software.

Onsite vs. Cloud Software
Compliant With Regulations
Scalability
Main Features
Total Cost of the System
Integration With Other Systems

Average Cost of Payroll Software

The pricing of payroll software varies greatly. It depends on multiple factors that you should consider. For instance, as a part of accounting software, you will mainly pay for the accounting system. Also, depending on the number of users, invoices, etc. the costs may differ. For you to have a clearer understanding, we will bring examples from some of the prominent providers in the industry. Xero, for instance, has three pricing models. Its basic plan starts at $25. The premium plan of Xero is priced at $60. The basic plan enables users to do five quotes, bills, and invoices. This number is unlimited with the premium plan. Gusto, which provides one of the best payroll software in the market, offers pricing based on the number of features. They start at $39 monthly.

Conclusion

You now know all the basics of payroll software. As is evident, this system is quite useful with its various features. You also know how to choose the most suitable one for your business. For a hassle-free search, you can check the best payroll software on Gygzy. You can filter them based on price, features, regions, and more. If you liked the article, check out more related ones on our page.