Recommendations: Sorts listings by the number of recommendations our advisors have made over the past 30 days. Our advisors assess buyers’ needs for free and only recommend products that meet buyers’ needs. Vendors pay Software Advice for these referrals. Reviews: Sorts listings by the number of user reviews we have published, greatest to least. Sponsored: Sorts listings by software vendors running active bidding campaigns, from the highest to lowest bid. Vendors who have paid for placement have a ‘Visit Website’ button, whereas unpaid vendors have a ‘Learn More’ button. Avg Rating: Sorts listings by overall star rating based on user reviews, highest to lowest. A to Z: Sorts listings by product name from A to Z.
Vista is an integrated human resource, benefits, payroll, recruiting and self-service application that offers tools for administrative HCM and payroll processes.
Functional elements include workflow, tax management, recruit...Read more
Infor CloudSuite HCM is a suite of human resources applications with several deployment options. Applications in the core suite include benefits management, absence and time entry, budgeting, employee safety, talent acquisition, o...Read more
Ascentis offers a cloud-based human capital management (HCM) suite designed for midsize companies of all industries. It includes HR and benefits, recruiting and onboarding, talent management, time and attendance and payroll.
Support the entire candidate experience from start to finish with a unified recruitment platform. iCIMS offers best-in-class recruiting products for your hiring life cycle, available as part of one unified talent cloud platform, o...Read more
Faster, smarter, easier payroll and HR
As a small business owner, you’re managing more than ever. And with less time to get it all done — you can’t afford mistakes. You need a trusted payroll and HR platform that can help you st...Read more
ADP Workforce Solution is suited for businesses with more than 50 employees looking to streamline HR processes. ADP Workforce Now includes capabilities such as payroll processing and tax filing, performance management, compensatio...Read more
ADP Vantage HCM is an on-premises human capital management (HCM) solution suitable for large organizations with more than one thousand employees. ADP Vantage offers integrated tools to manage recruiting, talent management, time ma...Read more
The Arcoro human resources (HR) management solution is the bridge to better HR. With over 10,000 customers and 360,000 daily users in 20 countries around the world, Arcoro offers configurable, easy-to-use, cloud-based HR software ...Read more
BambooHR offers small and growing companies a human resource information system (HRIS) that includes an applicant tracking system (ATS), time tracking, payroll processing, employee engagement and employee satisfaction tools, autom...Read more
eTOTALplan is a cloud-based employee scheduling solution that helps to manage and track employees. The solution caters to different industries such as government, restaurants and charitable organizations. Key features include work...Read more
UKG Ready is a flexible and seamless HR solution that provides a connected people experience to easily manage the entire employee journey, from a single solution. Designed for flexibility and ease of use, UKG Ready combines the po...Read more
SAP human capital management (HCM) solutions enable a more flexible, engaged, and resilient business by strengthening the employee experience with cloud HR solutions across core HR and payroll, time and attendance, talent manageme...Read more
People-Trak is a cloud-based HR Solution suite that allows users to deploy the application in the cloud or on-premise.
Canopy's People-Trak solution comes with a free HR database which includes alerts, reporting and 1 GB of s...Read more
Workday HCM assists global businesses of all sizes in a variety of industry verticals with workforce planning, analysis, and execution. Workday delivers user and administrative tools across financials, HR, planning, talent, payrol...Read more
Triton HR offers small to midsize companies a cloud-based human resources (HR) solution that integrates payroll services, employee benefits and core HR applications into a single system. The system can be configured to support a w...Read more
isolved is an employee experience leader, providing intuitive, people-first HCM technology. Their solutions are delivered directly or through their partner network to more than five million employees and 145,000 employers — who us...Read more
HCM Without Compromise.
Criterion provides human capital management (HCM) software for midmarket organizations, helping organizations in construction, financial services, nonprofits and higher education streamline their critical ...Read more
SyncHR is a single-source core human resources (HR), payroll and benefits solution with one data model to support the entire system. The cloud-based design allows SyncHR to provide a real-time solution across functional areas with...Read more
EPAY Systems Time & Labor is a time and labor management system created to conform to the unique labor needs, compliance requirements and working environments of any organization. As a cloud-based system, EPAY Systems Time & Labor...Read more
Manage With Success is a cloud-based human resources (HR) solution for small to midsize businesses. It caters to multiple industries including finance, retail, food, non-profit, consulting, manufacturing, construction, distributio...Read more
A vital part of running a small construction business is managing the payroll of your employees in accordance to state and federal regulations.
However, small businesses face various payroll and tax calculation issues such as delays in releasing paychecks, inaccurate payments due to manual data entry, as well as lack of or poor communication among employee, supervisor, and timekeeper regarding standards and deadlines.
To avoid all of these challenges, small businesses need construction payroll software to automate the process of paycheck calculation, wage reporting and compliance management. It will help them avoid costly fines that result from manual errors.
Finding the right construction payroll software can be tough if you're doing it all on your own. That's why, we created this guide to help potential buyers understand the software, its features and the overall market.
Construction payroll software helps small business HR managers automate the process of managing multiple payroll tasks, including direct deposit, current payroll costs and labor compensation reports. It helps them comply with union policies, tax withholding and labor pay regulations.
The software can also integrate with various leave management and time tracking functionality/tools to accurately calculate employee wages, bonuses and overtime.
Calculate state and federal payroll taxes; also, manage tax filings and wage report forms such as DOL-4N and 1099-MISC.
Reporting and analytics
Generate reports to get an overview of the gross-to-net payroll register, taxes, compensation analysis and other payroll data.
Allow employees to view their payroll data (pay stubs and tax deductions); let them manage their account information such as bank details and contact information.
Multi-location payroll processing
Ensure accurate pay calculations for different states and regions so that remote workers are paid as per local labor standards and tax laws.
What Type of Buyer are You?
As you begin shortlisting the construction payroll software, you need to understand the type of buyer you are to narrow down your requirements. The next section breaks down the two most common buyer types.
General contractors and house builders. These buyers need cloud-based payroll software to manage on-site employees. The software should be able to include 1099 contractors, manage rents, pay royalties and calculate federal withholding taxes.
These buyers also need to comply with Internal Revenue Service (IRS) rules and regulations related to vendors and independent 1099 contractors.
Government contractors. Public and government contractors have unique asks from their payroll calculation and compliance management systems. As these contractors are usually under scrutiny, they need to ensure accuracy and strictly adhere to the industrial dearness allowance (IDA) and central dearness allowance (CDA) payroll structures.
They also need to provide performance-related pay (PRP), with applicable government policies and conditions. Therefore, these buyers need software that offers a high level of automation, documents payroll records accurately and is customizable. These will ensure that employees are paid as per various special allowances.
Market Trends to Understand
The advent of cloud technology has influenced the way businesses execute payroll operations. Today, businesses are transitioning to cloud-based tools that help HR managers track payroll in real time and auto-generate payroll data cost. Here are some trends in this industry that you should keep an eye on in 2019.
Predictive analytics to improve payroll. Predictive analytics let businesses analyze payroll data and find profit trends based on the region. This helps them reassess labor deployment. The data can also help them understand the age of their labor, so that they start searching for replacements of those nearing the retirement age.
Machine learning and AI adoption grows. Many businesses are relying on machine learning and artificial intelligence (AI) to enhance their payroll operations. They rely on machine learning when outsourcing payroll functions. Preliminary data shows that AI and machine learning has been exceptionally effective. Furthermore, businesses could deploy chatbots to resolve employee queries regarding wages, tax deductions or reimbursements. These chatbots can be monitored to spot potential flaws and provide useful insights for improving payroll operations.
Payroll solutions move to software-as-a-service (SaaS). Some businesses see the software-as-a-service (SaaS) model as the new era in the construction payroll industry. The SaaS payroll model allows businesses to distribute pay based on the number of employees or licensed users. This helps them determine labor count and increase the number when needed.