This article is about what is the best payroll software is for small businesses.
- Gusto has a great package for small business payroll software at the best price
- QuickBooks payroll is the best fit for business owners who use QuickBooks
- Patriot Payroll is great because it’s a low-cost payroll software
- Payroll4Free is best free software for payroll
- ADP Payroll is best for businesses that need a multipurpose software
- OnPay Payroll is the best for businesses with hourly and contract workers
- Paychex Flex is the most scalable product
- Square Payroll is the best for owners who use Square as their POS
- Zenefits is the most comprehensive option
- Wave Payroll is great for businesses looking for an alternative to other free POS systems
You really want to make sure you pay your employees in full, and on time. If you don’t your team members will be unhappy. It means choosing payroll software is a big and important decision. Whether you’re looking for a free payroll software, or you’re willing to look for a full-service payroll software, there are some great options out there for you.
Best Payroll Softwares for Small Business Owners
Let’s get into the various softwares out there.
This is the best payroll software. It offers the full package. It offers payroll, benefits, and an HR platform, which is available for businesses starting at $45 a month. It costs $39 base price, and then an additional $4 per person. No matter which of the three versions of Gusto you go for, you’ll get access to the full-service payroll feature.
The higher you go in levels, the more features you’ll get access to. Every Gusto plans comes with the features below:
- Full service payroll
- Employee self service
- Employee profiles
- Health benefits admin
- Workers comp admin
- Customer support
- PTO tracking
The Gusto complete plan is the next tier, and has the same $39 base price, but also costs an additional $12 per employee per month. There are some added features though:
- Admin permissions
- Employee offers
- Employee onboarding
- PTO approvals
- Employee directory
- Employee surveys
The Gusto concierge plan, the most expensive plan, costs $149 per month, and costs an additional $12 per employee per month, with the additional features below:
- Dedicated support
- Certified HR pro’s
- HR resources
Each of the three versions of Gusto offer a free 30 day trial, so you can test them out. Don’t forget that you can also add on extra benefits, and insurance, to whichever Gusto plan you choose.
This is another top rated payroll software for small businesses. If you’re using Quickbooks accounting software to keep track of your companies finances, then this will be the east way to automate your payroll. If you’re using QuickBooks online, then you can turn this payroll software on VERY fast.
There are three versions of this software that you can choose from. The first plan is the Payroll Core, the self-service version. This lets you calculate paychecks, pay employees, and calculate and file year-end forms.
For the first three months with this software, you only need to pay $13.50 per month, in addition to $4 per employee per month. After the first three months, the base cost increases to $45 per month, but employee costs remain the same.
If you want more help from the payroll software, then consider going to the Premium version. with the premium version, you’ll be able to access all the features that self-service version has too. You will also get the additional features:
- Payroll taxes done for you
- Same-day deposits
- Free W-2’s filed
- Assistance with setting up payroll
- Premium time tracking
- HR support center
For these extra features that the premium version offers, you’ll have to pay more. You first three months have a discounted base rate of $22.50 a month, and the subsequent months come at a rate of $75. Each employee you add to the payroll will cost you $8 per employee per month.
There’s also the QuickBooks Payroll Elite, which is the most comprehensive product. With this, you’ll get everything in all the other packages, plus the following features:
- Employee onboarding
- Time tracking with geofencing
- Tax penalty-free guarantee
- Customer support for USA businesses
- Personal HR advisor
For all of these additional perks, you pay a starting rate of $37.50 for three months. After the three months your rate increases to $125 per month, plus $10 for every employee added.