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.
Papaya Global is an end-to-end people and payroll management solution for global enterprises. It can be used to manage all employee types, including domestic and foreign contractors. Papaya Global can automate payroll processing i...Read more
Deel is a cloud-based payroll and compliance software that simplifies international hiring for businesses of all sizes. With automated onboarding, payroll, and compliance, companies can hire anyone, anywhere in just a few minutes....Read more
Designed for global workforces, Remote is a complete HR solution that enables businesses of all sizes to onboard, pay, and manage remote employees from anywhere. Remote can manage remote workforces around the work with a global ne...Read more
Performly Payroll is a cloud-based solution, which enables businesses to mitigate and manage payroll errors and operations. Teams can calculate employee's working hours and
forward salary statements to banks for payroll transfer...Read more
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
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
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
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
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
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
BiznusSoft HR (formerly HRMSSoft) is a cloud-based human capital management system suitable for companies of all sizes. It includes a suite of integrated human resource modules offering benefits management, recruiting, performance...Read more
Workzoom is the all-in-one Workforce, Payroll and Talent solution that consolidates and automates your people management. Bring your whole team together with a centralized hub for accessing personal information, company updates an...Read more
Zenefits is an all-encompassing HR SaaS platform designed specifically for small to midsize businesses. The Zenefits People Platform includes a robust offering spanning HR, Benefits, Payroll, Well-being and Performance apps that c...Read more
APS has a mission: to make payroll and HR easier. They have been providing payroll and tax compliance services to companies since 1996. In 2004, APS released its cloud-based solution for workforce management.
APS delivers a sing...Read more
People are complex, but your HR solution shouldn’t be. Namely gives you the resources to make your life easier and your employees happier. With modern, intuitive technology and a world-class team of HR experts, Namely empowers peo...Read more
SutiHR is a cloud-based suite of human resources (HR) applications that enable companies to manage workforce. Key features include personnel tracking, payroll, time and attendance, performance review, employee self-service and on-...Read more
Patriot Payroll does not have an app, but the website is optimized for mobile use.
Patriot Payroll from Patriot Software is an integrated human resource (HR) and payroll management solution that helps to streamline the different...Read more
Paycor creates Human Capital Management (HCM) software for leaders who want to make a difference. Our HCM platform modernizes every aspect of people management, from the way you recruit, onboard and develop people, to the way you ...Read more
NEOGOV provides a cloud-based talent management suite that serves the public sector and education industries. The suite supports organizations through the entire employee lifecycle, automating applicant tracking, onboarding, train...Read more
Payroll software is a system that handles payroll services including payroll taxes, compensation, year-end bonuses, pay stubs, paid time off, benefits management, and organizing employee records. Many organizations outsource the payroll process, but you may decide that in-house is best for your company, and there are many payroll software solutions available to streamline the task.
But determining which solution is best for you can be overwhelming. We’ve created this guide to help you navigate the vendor landscape.
This type of solution tracks a variety of information related to employee compensation and often includes benefits administration features. This includes everything related to wages (pay type and frequency, bonuses, withholdings, garnishments, etc.): paid vacation and time-off benefits and one-time or recurring benefits such as health insurance, educational assistance, moving expenses, and retirement plans.
In preparing a run, the system will calculate payroll deductions such as federal taxes, local taxes, and state taxes (including Social Security, Medicare, unemployment, and disability insurance). They will then print payroll checks or execute direct deposits and export data directly to accounting software or in a format that's compatible for import to an accounting system. It should also support reimbursements for mileage, relocation for new hires, and other travel expenses, as well as any other expenditures fronted by employees.
Finally, the software should prepare tax forms and reports for the employer, employees, and contractors, such as the 940, 941, 944, 1099, W2, W3, and 1099-MISC.
Benefits of payroll software
If your company is tracking employee information and processing payments manually, payroll solutions could save you time, money, and a lot of headaches by mitigating compliance risks.
Save time. The biggest and most obvious benefit of a payroll management system is that it saves time, which, in turn, saves money. These solutions are designed to be user-friendly so the learning curve to set up and start processing payroll is very low. These time savings add up.
Increase accuracy and decrease risk. Additionally, a payroll software solution can help business owners ensure they remit the correct amount of paycheck-related taxes and file applicable reports on time. When running payroll manually, even an honest mistake, such as a multiplication or rounding error, can have significant effects. These solutions will complete tax filings and reports for you, and remind you when they’re due.
And simply keeping up with the changes to the tax code is a time-consuming task. The payroll software will track these changes so you don’t have to.
Generate reports. Finally, payroll solutions allow you to track payroll information over time and quickly produce useful reports for internal decision makers, accountants, and auditors. Examples of what’s in a payroll report include summaries of quarterly costs, annual tax remittances and historical employee benefits participation.
What type of buyer are you?
For many companies, payroll is just one component of their software needs, but not always. There are several different levels of buyers, and these categories will help you determine the software that will best fit your needs:
Small businesses: A small business owner looking to streamline their payroll processing will want a solution dedicated 100% to payroll, but at a very affordable base price. Odds are you own payroll yourself at this time, so you need to find the best payroll software for your small business. (See our small business payroll guide for example vendors.)
Midsize businesses: Human resources professionals at midsize companies or larger (50+ employees) will benefit from more than just basic payroll functions. At this level, onboarding, direct deposit, tax filing, and other features such as attendance tracking and time tracking become more valuable, and for that the buyer will want a more comprehensive human resources management system.
Large businesses: These buyers are looking to expand beyond the human resources department into an enterprise resource planning (ERP) package that incorporates full service payroll processing, talent management, and possibly the human capital management system. This will ensure tight integration between payroll and other HR functions, as well as accounting and other department-specific systems.
Another consideration is the type of operating system (OS) you'll be running the software on. For example, if you're a Mac user, you may want to look at products designed specifically for the Mac interface. Alternatively, an increasing number of products are OS agnostic, meaning that they are optimized to run in a web browser and are not dependent on a particular OS. See our list of payroll products well suited to Macs for more.
The availability of a mobile app could also be a factor when considering online payroll software. Not that you'll be able to run payroll or perform tax filings, but employees could submit time-off requests, update their personal info such as phone numbers, and make changes to other payroll options.
Businesses such as professional employer organizations (PEO) and administrative service organizations looking to track payroll services for their employees should consider PEO software.
More payroll software is now web-based. Software-as-a-Service (SaaS)—a deployment model where the vendor hosts the software on its own servers and clients access the solution through their web browser—is becoming more normal for payroll applications. Because tax laws change frequently, any online payroll software you buy will need to be updated at least annually. Online payroll systems provide an excellent answer to that concern, as vendors automatically update the software with legal changes so that tax compliance is uncomplicated for you.
Employee portals are becoming more popular. Across the board, HR software is becoming more employee-centric. The availability of employee portals, on both SaaS and on-premise solutions, is growing. Look for more functionality that’s targeted toward employees; for example, employee self-service tax filing, access to personal payroll data, personal benefits, bank account details for direct deposit, paystubs, timesheet data, and absence planning and reporting.
Note: The applications selected in this article are examples to show a feature in context and are not intended as endorsements or recommendations. They have been obtained from sources believed to be reliable at the time of publication.