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Best Small Business Payroll Software 2024 Reviews & Pricing

Best Payroll Software for Small Businesses

PEOs like TriNet are a good fit for small businesses with complex hiring and potential business liability—for example, if you hire international employees or have a lot of turnover. It is also a great option for companies that need tools to pay employees fairly while keeping payroll costs to a minimum. For example, you will find a company directory on the upper right-hand corner of the software that includes a list of all employees. Simply click on a name to see all of their payroll information, such as their gross and net pay, deductions, pay period and preferred payment method.

  • Rippling is also a good option because it has modular solutions that you can mix and match—provided you get its core workforce management platform.
  • Wave Payroll offers two pricing plans that cost $20-$40/month plus $6/month per active employee or contractor paid.
  • ADP payroll delivers features for larger businesses and generally comes with a price tag to match.
  • The company engages client companies in a co-employment relationship, serving as an employer of record for your employees.
  • Note, however, that you have to purchase its core workforce management platform before getting any of its modules.

Gusto is the best overall payroll software provider for small businesses

Still, the process did not require any technical knowledge and each step was intuitive to complete. Interface designers clearly worked hard to ensure that data is not overwhelming but is at your fingertips at all times in intuitive-to-find locations. I tested Gusto’s Simple plan features using the Google Chrome browser on a Windows laptop and the Gusto Wallet app on an Android mobile device.

OnPay’s payroll software has the fewest additional fees

Best Payroll Software for Small Businesses

QuickBooks will charge you $15 monthly for 20 workers (plus $2 for each additional worker), whereas Square will bill you $6 per contractor monthly. Its feature-rich platform, including its PEO and EOR services, are just some of the factors that contributed to Rippling’s high scores. It lost several points because it doesn’t have a pay-on-demand option, its pricing isn’t fully transparent, and you have to purchase its HR help desk add-on to get phone and email support from HR experts. However, users still appreciate its intuitive platform, efficient HR tools, and solid payroll analytics. Finally, the most pricey and advanced plan is Zen, which costs $33 per user, per month. This adds support for Employee Engagement Surveys and a People Hub that includes task-tracking and a company feed with posts and comments.

Best Payroll Software for Small Businesses

Best for Small Businesses With Hourly Workers

Most of the payroll services we review offer basic HR components, such as online W-4 and W-9 forms, new-hire reporting, document templates, and document storage. We look primarily at each site’s payroll processing capabilities, with additional HR support being considered a bonus. Though they differ in many ways, online payroll services function similarly during the actual pay run. When you launch a payroll, they show you a list of employees (and possibly contractors; you may run them separately) and their pay rates. After that, you simply enter the number of hours worked, where applicable, in the appropriate pay type boxes (regular, overtime, vacation, and so on) or import them.

  • If you pay both contractors and salaried/hourly employees, you pay a $35 monthly subscription fee plus $6/employee/month.
  • The company offers high-quality customer service with transparent pricing options without surprise additions to your monthly bill.
  • The application also includes an excellent accrual rule option, for easy tracking of employee PTO.
  • Meet Eric, a software expert who has helped 1,534 companies select the right product for their needs.
  • They typically include a cloud-based portal for both employers and employees.

Automated Taxes:

Simplify your business needs with the FreshBooks suite of offerings & bring everything together under one roof. Save time when your billing, accounting, and payroll software is interconnected seamlessly together. Its HR tools allow it to handle onboarding and offboarding, time and attendance, performance management, employee training and employee feedback, among other features.

The dashboard had a handful of reports and optional action items but didn’t feel cluttered or overwhelming. It comes to the platform along with accounting, invoicing and payment processing for small businesses—replacing a laundry list of tools for many entrepreneurs. When you hire a new employee, its team of tax experts notifies the correct state entity as required by law. The platform also calculates, withholds and remits payments, then files your taxes on the federal, state and local level. Then, it prepares and delivers W-2 forms to your employees when needed.

It even offers EOR services for hiring global employees, international payroll solutions, a PEO option you can switch on/off, and workflow tools you can easily customize. It can handle payroll, manage employee information, administer benefits, automate time and attendance, and track applicants. Small businesses need reliable payroll software to save time and money. However, you should consider your business needs and budget limitations.

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