Best Payroll Software For Small Business 2024

best payroll software for small business

QuickBooks Payroll Software

QuickBooks Payroll Software, a familiar name in the accounting world, doesn’t disappoint when it comes to managing your payroll. Here’s why it earns a spot on our list:

  • Seamless integration: Works seamlessly with your existing QuickBooks accounting software, simplifying data flow and saving time.
  • Automated features: Automate payroll tasks like calculations, tax filings, and direct deposits, reducing manual work.
  • Tax compliance built-in: Stay compliant with automatic updates to tax tables and filings, ensuring peace of mind.
  • Employee self-service portal: Empower your employees with access to paystubs, W-2s, and other vital information.
  • Scalability: Grows with your business, offering various plans for different team sizes and complexities.

Pricing:

QuickBooks Payroll offers tiered plans starting at $40 per month + $5 per employee, with additional fees for features like same-day direct deposit and employee benefits administration. The exact cost depends on your specific needs and the number of employees.

Benefits:

  • Time-saving automation: Streamline your payroll process and minimize manual errors.
  • Simplified compliance: Avoid penalties and stress with automatic tax updates and filings.
  • Improved employee satisfaction: Offer convenient access to payment information and self-service options.
  • Scalability for growth: Adapt your payroll solution as your business evolves.
  • Integrated data management: Keep your books and payroll in sync for better financial insights.

Key Features:

  • Automatic payroll processing: Enter time and wages, and QuickBooks handles the calculations and deductions.
  • Multi-state payroll support: Comply with regulations across all 50 states and Washington D.C.
  • Tax filing and compliance: Automatically calculates, files, and deposits your payroll taxes.
  • Employee benefits administration: Manage health insurance, 401(k) plans, and other benefits.
  • Time tracking and attendance management: Simplify accurate payroll by tracking employee hours.
  • Integration with QuickBooks Accounting: Streamline data exchange between payroll and accounting software.
  • Employee self-service portal: Provides employees with access to paystubs, tax documents, and more.

RUN Powered by ADP

RUN Powered by ADP, designed specifically for small businesses, tackles payroll with simplicity and efficiency. Here’s what makes it stand out:

ADP

Ease of Use:

  • Intuitive interface: Navigating payroll is easy and quick, even for first-time users.
  • Mobile-friendly: Manage payroll on the go with the convenient mobile app.
  • Automated tasks: Automate tedious calculations, tax filings, and direct deposits, saving you time.

Compliance Made Easy:

  • Automatic tax updates: Stay compliant with the latest federal, state, and local tax regulations.
  • Automatic tax filing and deposits: Eliminate the risk of penalties and missed deadlines.
  • Built-in support: Access helpful resources and expert support whenever needed.

Pricing:

RUN offers flexible pricing plans starting at $45 per month + $5 per employee, with additional costs for optional features like HR tools and time-tracking integration. The exact price depends on your specific needs and team size.

Benefits at Your Fingertips:

  • Payroll options: Choose from basic payroll to a full suite of HR tools and services.
  • Time tracking integration: Streamline payroll by integrating with time tracking software.
  • Employee self-service portal: Empower employees with access to paystubs, tax documents, and more.

Key Features:

  • Automated payroll processing: Enter time and wages, and RUN handles the rest.
  • Multi-state payroll: Comply with regulations in all 50 states and Washington D.C.
  • Automatic tax filing and deposits: Ensure accurate and timely tax submissions.
  • Time tracking integration: Simplify attendance management and accurate payroll calculations.
  • Employee self-service portal: Give employees control over their information and paystubs.
  • HR tools (optional): Onboarding, performance management, and benefits administration (additional cost).

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