Are you a small organization that is looking for payroll software with which you can automate and manage your employee’ wages, timesheets, benefits, taxes, and everything in between? Tired of keeping track of everything on Spreadsheets. In this post, we have enlisted some of the industry-leading payroll systems for small businesses. We have discussed aspects such as their features, pricing, pros and cons, and many others.
Top Software Reviews | Rating | |
---|---|---|
1.Gusto | ||
2.Workful | ||
3.Paychex | ||
4.Zoho Payroll | ||
5.Patriot Payroll | ||
6.Rippling | ||
7.2Grow HR | ||
8.Run Powered By ADP | ||
9.QuickBooks | ||
10.BambooHR |
What Is A Business Payroll Software?
A payroll software whether for small or big businesses helps with the complete employee lifecycle which includes onboarding, managing their attendance and timesheets. As well as keeping a database, managing salaries based on the department or level of management employees are in, and other such aspects. With a payroll program, you can give clear information to employees about their wages and deductions. Most payroll programs for businesses these days are cloud based. Which means that the payroll system can be accessed by both employees and the organization on the cloud. This can be a great aspect, when for example, employees are working from remote locations other than the organization's original location.What Is The Need for A Payroll Software for Small Businesses?
Regulatory authorities can fine a business heavily if they fail to pay their employees or fill their taxes. In 2020 alone, as per IRS, $4.9 billion in penalties were issued to organizations since they had bad checks. Amidst a hectic organizational schedule, juggling these administrative tasks can be very hard. A payroll system for small businesses can help automate all such tasks and keep everything streamlined.Best Payroll Software for Small Businesses?
- 1
- Gusto
- Payroll auditing and tracking.
- Direct deposit files.
- Salary management which includes both increment and revision.
- Manage time and attendance.
- $40 / month Download Here
- 2
- Workful
- File state and federal forms.
- Manage payroll.
- Sync with PTO and Timesheets.
- Create and view reports.
- $35 / month Download Here
- 3
- Paychex
- Easy setup.
- ERTC service offers trained consultants who can forecast credit and prepare and file returns accordingly.
- Tax filing.
- Flexible payment options for employees.
- $39 / month Download Here
- 4
- Zoho Payroll
- Payroll management.
- Salary adjustment.
- Easy onboarding.
- Compliance management.
- $19 / month Download Here
- 5
- Patriot Payroll
- Free payroll setup.
- Free print checks or direct deposits.
- Accurate tax calculations.
- Find payroll costs for each department.
- $20 / year Download Here
- 6
- Rippling
- Easily manage employee benefits.
- 100% accuracy when it comes to paying contractors and employees by the minute.
- Remote management.
- Talent management across all levels.
- $8 / month Download Here
- 7
- 2Grow HR
- Automate payroll processing.
- HR strategy and management related features.
- Easy onboarding and recruitment process.
- Easy tracking of claims, reimbursements, assets given to employees.
- $15 / month Download Here
- 8
- Run Powered By ADP
- 401 (K) tracking.
- Benefits and compensation management.
- Compliance management.
- Employee database, management, onboarding, and other aspects.
- $79 / month Download Here
- 9
- QuickBooks
- QuickBooks integration helps capital flow management within an organization.
- Tax penalty protection.
- Automated calculation for taxes and paychecks.
- Pay the team on your schedule.
- $15 / month Download Here
- 10
- BambooHR
- Find, hire and onboard the best talent.
- Manage hours worked and benefits enrollment.
- HR data and reporting.
- Training tracking.
- $8.75 / month Download Here
1. Gusto

- Payroll auditing and tracking.
- Direct deposit files.
- Salary management which includes both increment and revision.
- Manage time and attendance
- Talent management.
- Manage hiring and onboarding of new employees.
- Calculate employee benefits.
- HR insights and reporting.
- The next-day direct deposit is only available in paid plans.
2. Workful

- File state and federal forms.
- Manage payroll.
- Sync with PTO and Timesheets.
- Create and view reports.
- Calculate employer payroll taxes.
- Comes with employee expense tracking.
- Geolocation time-clock tracking.
- Document storage.
- Outdated interface and limited features for reporting.
3. Paychex

- Easy setup.
- ERTC service offers trained consultants who can forecast credit and prepare and file returns accordingly.
- Tax filing.
- Flexible payment options for employees.
- Scalable solutions.
- Choose a solution by size i.e. 1-19 employees, 20-49, and 50-1000+
- Chat available 24/7.
- Strong reporting.
- Support could be better.
4. Zoho Payroll

- Payroll management.
- Salary adjustment.
- Easy onboarding.
- Compliance management.
- Analytical reports.
- High data security.
- Taxation management.
- Application security.
- Supports limited banks.
5. Patriot Payroll

- Free payroll setup.
- Free print checks or direct deposits.
- Accurate tax calculations.
- Find payroll costs for each department.
- Assign the employee’s primary location and proper payroll taxes will be calculated.
- Highly customizable.
- Automatically import bank transactions.
- Comprehensive financial accounting reports.
- You’ll have to pay separately for add-ons.
6. Rippling

- Easily manage employee benefits.
- 100% accuracy when it comes to paying contractors and employees by the minute.
- Remote management.
- Talent management across all levels.
- Manage compensation bands for every role in your organization.
- Automate onboarding, employee changes, and offboarding.
- Effective and accurate time and management.
- You can streamline employee training in various aspects.
- Some users have reported that it failed to file quarterly taxes.
7. 2Grow HR

- Automate payroll processing.
- HR strategy and management-related features.
- Easy onboarding and recruitment process.
- Easy tracking of claims, reimbursements, and assets given to employees.
- Manage employee productivity.
- Accurate time and attendance/ leave tracking.
- Highly configurable for organizations across several domains.
- Cross integration with other apps.
- Attendance reports can be improved upon.
8. Run Powered By ADP

- 401 (K) tracking.
- Benefits and compensation management.
- Compliance management
- Employee database, management, onboarding, and other aspects.
- Easy accounts management.
- Customizable reports.
- Access permissions/ controls.
- Real-time reporting.
- Customer service needs improvement.
9. QuickBooks

- QuickBooks integration helps capital flow management within an organization.
- Tax penalty protection.
- Automated calculation for taxes and paychecks.
- Pay the team on your schedule.
- Employees can monitor withholding allowances and view their payments in the workforce portal.
- Approve timesheets and create invoices.
- Experts can help you set up payroll.
- HR advisor.
- Time tracking on the go is a premium feature.
10. BambooHR

- Find, hire and onboard the best talent.
- Manage hours worked and benefits enrollment.
- HR data and reporting.
- Training tracking.
- Separate module for employee wellbeing.
- Automated workflows.
- Pre-built reports.
- In-depth analytics.
- Some updates have reportedly caused delays in onboarding.