When starting up a business, you need payroll software to make various tasks easier and quicker. But the question is which payroll software to choose as there are a lot of options present online. So it can be the biggest challenge to choose the best payroll software for your business needs which should be affordable and provide all the essential features.
There are a lot of business needs which you expect from Payroll software. So here we have presented you with this list of 7 such softwares. Let’s have a look at them.
7 Best Payroll Software For 2022
Below, we have mentioned a list of 7 best payroll softwares on which you can relay for all basic business needs. Some of them are affordable while some are costly, some are suitable for small businesses while some are best for large-sized businesses. So just carry on to the article and choose the one which best suits your business needs.
1. Gusto
Our first payroll software in this list is Gusto which is one place for all your small business needs and it comes on affordable pricing. It is beneficial for employees as it provides benefits to employees like commuter plan discounts and retirement plans etc in 50 states.
You can buy its core plan at $39 per month and extra charge of $6 per employee. It allows small businesses to offer the same way and structure as large businesses do.
Pros of Gusto
- There is no limit for the payroll runs.
- It is affordable so that small businesses can afford it.
- The customer support is outstanding and so responsive.
Cons of Gusto
- It doesn’t provide any dedicated specialists for the payroll.
- For time tracking one must buy the premium plan.
- Health insurance is only available in 39 states.
2. Intuit QuickBooks Payroll
Intuit QuickBooks Payroll is also one of the best options taken by accounting users. It does all the work quickly and effortlessly. It works automatically like calculations of taxes and paying it. It allows you to create various reports including payroll history, transactions of the bank, and pay for the contractors.
Pros of Intuit QuickBooks Payroll
- It builds a seamless integration with the accounting software of QuickBooks.
- The interface is user-friendly and it is easy to use.
- It allows the deposit on the same day or the next day.
- There is guaranteed no penalty.
Cons of Intuit QuickBooks Payroll
- It provides less options for integration although a product intuition option is present.
- You must have to buy a premium plan for automated new hire reporting.
- The customer service is so inconsistent.
3. Patriot Software
Patriot Software is another best option in our list. It is very affordable for small businesses which costs only $10 as a monthly charge with an extra $4 charge per employee. This plan can be used on any device and there is no limit for the payroll runs.
It also allows various frequencies of payrolls, you can have flexible hours, deductions and money. You can also choose to pay with a manual check directly to your employees. The employees can access various information like pay history etc.
Pros of Patriot Software
- The pricing is affordable.
- It allows the process of mobile and online payroll.
- There is no limit for the pay runs.
Cons of Patriot Software
- It doesn’t state the reporting of new hires.
- You will have to buy the full-service plan for filing the state, local, and federal taxes.
- The reports are too limited.
4. Payroll4Free.com
This one is a budget-friendly payroll software that you can choose for your business needs. All the basic features are available for free of cost while some are restricted for paid versions only. You can choose to pay directly to your employees from your bank account according to their hourly rate or whatever criteria you have chosen.
Pros of Payroll4Free.com
- It is very affordable which you can even use at $15 as a monthly charge.
- It is easy to access software and you can use it without putting a lot of effort into it.
- You will get every essential feature which you expect from Payroll software.
- It also Integrates with the most popular accounting. You can import any data very quickly.
Cons of Payroll4Free.com
- It doesn’t support a huge group of employees in the free version. The management is limited to 25 employees. For the rest, you will have to buy a paid version.
- It only supports Windows and can be run on Mac if it is using windows.
- It is an ad-based software and it will show you some ads which is the reason why it is available for free of cost.
- It doesn’t support mobile phones. You can’t use it on your phone as it is not a mobile application.
5. ADP Run
ADP Run is the next software in our list which provides various plans to be chosen accordingly as per the size and needs of your business. It doesn’t ask for the set-up fee and there is no limit for the payroll runs but it charges more for the base fee. It provides you with some advanced HR features. It helps to hire, check background, training tools, and manage performance, etc.
Pros of ADP RUN
- You can choose any plan accordingly from various options.
- This application is self-service.
- It automatically fills the quarterly and annual taxes.
- The HR support is advanced.
Cons of ADP RUN
- There are different departments allotted for each service.
- You will have to pay for the setup of premium plans.
- There is no transparency in the pricing and it is expensive in comparison to others.
6. Paychex
Paychex Flex is not that much of an affordable app for small business needs. If you are hiring employees from different states and keep growing your business then this one is an ideal option for your business. It also allows you to choose from various plans according to your needs.
Pros of Paychex
- You can choose any plan accordingly from various options.
- It provides HR features and payroll.
- Full customer service 24/7.
Cons of Paychex
- It provides a lot of features than you need for a small business.
- It is costly.
- You will have to pay the setup fee for premium plans.
- For lower plans, there are limited Standard reporting tools.
7. Paycor
Our last but not least payroll software is Paycor which is not so affordable to be used for small business needs although it provides a lot of software solutions to handle all levels of BR and Payroll tasks. There are various available plans which starts from 199 as a monthly charge and you can choose any of them accordingly.
It also helps in various other tasks such as recruitment, management for attendance, and much more. It also provides you with employment working hours so that you can decide the amount of payment.
Pros of Paycor
- It is easy to use and set up.
- It provides HR features and Payroll.
- It provides better training and provides helpful guidance to the users.
- It also provides good Payroll management support.
Cons of Paycor
- It is not so affordable for small business needs.
- You will have to buy premium plans to access customizable reporting tools.
- Customer support may delay sometimes.
Bottom Line
So, here we have completed our list of the best 7 payroll software. We have tried to mention some of the most essential information about Payroll software. There is a lot to tell about them which is not possible in a single article. So we have summarised them. Hope it will be helpful for you.
