6 Top Payroll Processing Services For Small Businesses
Is your business just getting off the ground? Are you having a hard time processing payrolls week in week out? Keep reading to discover a simple solution.
Many small businesses struggle with processing employee payrolls since it can become quite tedious over the long run. But that simply should not be the case. For starters, it takes your focus away from what you need to be doing: delivering quality goods and services to your clients.
Also, don’t you think there has to be a more efficient way of accomplishing such a routine task? While most small companies hire a full-time payroll administrator, there’s a more cost-effective option: contracting with a third-party vendor.
Nowadays, there are many small, payroll processing vendors whose services would be perfectly suited to an organization of your size.
While the price is a significant consideration when choosing a payroll vendor, Tom Martinez with tca Synertech says you also need to take the following factors into account:
What Essential Factors Should You Consider When Selecting a Payroll Vendor?
- Automated and comprehensive filing of payroll tax returns
- Timely and automatic electronic payment of income and payroll taxes
- Simple user interface
After closely studying all the options out there, we’ve compiled a list of six payroll service solutions for your small business. Ready to learn more? Let’s begin!
1. ADP: ADP delivers an exhaustive range of processing services, including insurance services, employee benefits management, and human resource tools. ADP is designed to offer payroll solutions to organizations of all sizes without difficulty.
How much you pay depends on the number of services you purchase. However, most small businesses opt for the Essential Payroll package. Because they don’t advertise their prices, you need to contact ADP for a quote.
- Key Features:
- Employee benefits
- Three-month trial phase
- Time-tracking
- Mobile/web interface
2. Gusto: Gusto payroll software is explicitly designed as a cloud-based service that offers a comprehensive array of payroll processing services, including hiring and onboarding, HR management, and employee finance tools. The core package that would suit a small business goes for around $39/month plus $6/employee.
Key Features:
- Bookkeeping integration
- Employee benefits
- Time tracking
- Three-month trial phase
- Unlimited processing
- Web interface
3. Intuit QuickBooks Payroll: Although it has more limitations involving HR services, QuickBooks offers complete payroll processing services and seamless integration. At the moment, it’s available for half price. The Core services cost $45/month and $4/employee.
Key Features:
- Bookkeeping
- Employee benefits
- Direct deposit
- One-month trial phase
- Unlimited process
- Mobile interface
Before we continue, you might not need an entire Payroll Accounting software. Instead, you might just need an HR solution.
4. OnPay: OnPay is a complete, cloud-based service that includes time tracking, HR tools and documentation, paid time off management, etc. It’s convenient as all services cost a flat $36/month plus $4/employee.
Key Features:
- Bookkeeping
- Employee benefits
- Direct deposit and debit card
- One-month trial phase
5. Patriot Software: If you simply want a payroll vendor that will run payroll and file payroll and income taxes, Patriot Software might be the way to go. It only costs $30/month plus $4/employee.
Key Features:
- Bookkeeping
- Direct deposit
- One-month trial phase
- Web interface
- Unlimited processing
6. Square Payroll: Square Payroll provides a comprehensive payroll processing service for contractors and employees alike. Despite integrating with other Square pay services, Square Payroll does not include employee benefits or HR management services. It costs $29/month and $5/employee.
Key Features:
- Integration with other Square products
- Direct deposit
- Employee and contractor payroll
Looking for Reliable IT Support for Payroll Processing Services?
Our tech experts are eager to provide your small business with reliable IT support for your payroll software. Contact us now to get started.
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