[2020] The 5 Best Payroll Services For Small Businesses

small business payroll

The company offers payroll processing anytime with instant online access to all payroll data and employee information. Plus, it uses the latest encryption technology to ensure that all business and employee data stays safe. DM Payroll Services also offers HR and time and attendance solutions. The Coastal Human Resource Group online payroll service allows you to submit all payroll information via the web. Payments can be made by direct deposit or paper checks that are printed by CHRG and delivered in time for your designated payday. The company also offers human resources, employee benefits, compliance screening, workers’ compensation insurance, PEO, and time and attendance services. Big Fish Employer Services provides an online payroll service that manages every aspect of outsourced payroll, including calculating tax obligations, producing checks and preparing management reports.

What is the best payroll software for a small business?

Here are the details on the 10 best payroll software for small businesses like yours: 1. Gusto Payroll. Our pick for the best payroll that offers up the fullest package—for the most reasonable price—is Gusto.
2. QuickBooks Payroll.
3. Patriot Payroll.
4. Payroll4Free.
5. ADP Payroll.
6. OnPay Payroll.
7. Paychex.
8. Square Payroll.
More items•

To ease the burden, many small businesses are turning to online payroll services. These services handle all of a business’s payroll processing and related tax filings and payments. OnPay is a payroll software option for businesses with up to 10 employees. Features include automatic payroll deductions and payroll tax payments, and guaranteed accurate and timely tax filings and payments.

#1 Time Tracking Software

The online system is user-friendly and manages paid time off . Payroll is arguably the largest expense for businesses, and running it can be a daunting task. The process can be time-consuming, and errors can result in both unhappy employees and fines.

If you have even one employee then these payroll services are typically worth the cost just for the amount of time and risk they will save you and your business. SurePayroll is an online payroll option that works well for small businesses that have fewer than 10 employees. The company offers automatic filing and payments of federal, state and local taxes, and online enrollment takes about 10 to 15 minutes to complete. You’ll be able to process your payroll within five business days, according to the company. These services handle all of your payroll processing and payroll tax responsibilities. All you, as the business owner, are responsible for each pay period is entering the number of hours each employee worked and any commissions or bonuses they earned. Online payroll software can provide a wide range of payroll reports to businesses.

Payroll4Free.com completes all payroll tax filings and deposits on each business’s behalf for a monthly fee of $10. There is no charge for those who prefer to make their own deposits and mail or electronically file the completed forms on their own. GetPayroll is an online payroll service that manages all payroll and payroll tax responsibilities for businesses of all sizes. GetPayroll features a flat-rate pricing structure that doesn’t include per-employee fees.

The company also offers a combination of payroll and human resources services. Payroll4Free.com offers full-featured payroll services with professional support for free. Employers can access their data online from anywhere they have access to an internet connection. With this system, employees can be paid via printed check or direct deposit.

  • The company’s online service processes payroll, manages payroll taxes and offers access to payroll reports from anywhere with an internet connection.
  • Paysmart also prepares and files clients’ taxes and gives them the option of how their payments are made.
  • Within the system, employers can enter payroll, add new employees and access reports.
  • In addition to its payroll services, Paysmart offers background checks and time and attendance services.
  • Employees can access the system via their computers or mobile devices to see pay stubs and other important documents.
  • PaySmart offers online payroll services that allow businesses to access their payroll processing tools from anywhere they have an internet connection.

Paychex offers multiple pricing plans that are suitable for businesses of various sizes and needs. The next plan is the Flex Select tier, which adds a dedicated payroll specialist, labor compliance poster kits and paper check options. The Flex Pro tier expands upon Flex Select with wage garnishment payment services, onboarding tools and pre-employment background screening. Finally, the Flex Enterprise tier includes custom analytics, reports and HR administration features. SurePayroll has been helping small businesses with their payroll and tax needs for 20 years. When small businesses begin, we know the first thought isn’t on payroll and taxes. With our easy and secure payroll services, you can trust that your employees will be paid accurately and on time every time, giving you more time to focus on your business.

To help you narrow down your options, we’ve studied and evaluated the top payroll service providers on the market. Whether you want to use direct deposit or print your own checks to pay your employees, BenefitMall has you covered. BenefitMall covers businesses of all size, but they offer PayFocus—a payroll-and-HR combination package—to small businesses in particular. They’re a well-established payroll services company with a long track record. Fingercheck is a New York City-based payroll solution for small businesses which launched in late 2015. Their signature product, Fingercheck360, offers time tracking and payroll in one platform. The time employees work is automatically transferred to payroll, but you can enter in additional payments, such as bonuses, commissions, or deductions.

Are There Any Free Payroll Software Solutions?

We are an industry leader who is recognized for our services, customer service and more. We researched nearly two dozen of the best payroll services based first on the combination of features and pricing. At a minimum all payroll services needed to offer a way to automatically track time, calculate payroll and taxes, direct deposit your employee’s pay, and provide end-of-year tax documents. Beyond that, we also considered ease of use, additional features, and customer service.

In fact, online payroll services are so confident in handling these tasks that most services offer an error-free guarantee. OnPay’s online payroll services allow small businesses to run an unlimited number of payrolls each month and pay employees by direct deposit or paper check.

By Chad Brooks, Business News Daily Staff

These reports can give you better insight into your company and employees. The types of payroll reports that some services offer include payroll registers, contribution reports and payroll tax reports. QuickBooks Online is available in three service plans – Core, Premium and Elite – which all allow small business owners to run payroll and file taxes automatically. Other services in the various plans include a workforce portal for employees, health benefits from SimplyInsured, time tracking, an HR support center and project management. With so many online payroll companies to choose from in 2020, finding the service that has all of the functionality your business needs can be a difficult task.

Square Payroll handles all state and federal payroll tax responsibilities, including all the necessary withholdings, payments, and filings. In addition, Square offers employees and employers access to a full suite of benefits, including health insurance and retirement savings plans. Payright Payroll offers tailored payroll solutions for businesses of all sizes. Services include basic payroll processing and integrated solutions that incorporate payroll processing, human resources, time and attendance, and employee benefits.

small business payroll

Your cancellation will become effective at the end of the monthly billing period. You will not receive a prorated refund; your access and subscription benefits will continue for the remainder of the billing period. Terms, conditions, pricing, special features, and service and support options subject to change without notice. Wave offers integrated software and tools for small businesses, including payroll services. The payroll solution features payroll reminders and direct deposit, as well as check printing, year-end tax filings, and an employee self-service portal for pay stubs and W-2 forms. Payroll Systems’ paperless payroll allows unlimited payrolls, unlimited deductions and unlimited direct deposits.

OnPay is a cloud-based platform, meaning you can manage your payroll from your laptop, desktop, smartphone or any location with an internet connection. Gusto is our choice for the best online payroll software with added HR tools because of the many HR services it offers. In addition to taking care of all your payroll processing and payroll tax needs, Gusto can handle many of your HR tasks, such as managing your staff’s paid time off and administering health insurance. It also grants access to certified HR professionals who can guide you through all sorts of situations. Square Payroll is designed specifically for businesses with hourly employees. With this system, hourly employees can clock in and out from the register, and their hours automatically import into the system. They can also set up direct deposit and access their pay stubs online.

small business payroll

Payroll Systems also calculates, deposits and files payroll taxes for each client. With this system, employees can log in on their own to view and download their pay stubs and W-2 forms, access company documents, and update their contact information. Payroll Systems also offers time and attendance and benefits administration services, as well as 401 reporting and transmissions and general ledger exports. Heartland provides employee payroll services to businesses of all sizes.

Payroll services is a term that includes the software and/or the outsourced parties used to process payroll for businesses. Typically, a payroll service will provide not only a way for you to process basic payroll, but you’ll get lots of extra features. Your account will automatically be charged on a monthly basis until you cancel.

It also offers Simon, a complete paperless payroll system that runs on mobile devices and is designed for microbusinesses with fewer than 10 employees. The cloud-based Paychex Flex features payroll tax services, employee self-service, mobile access and 24/7 support. Paychex also offers HR tools, employee benefits, 401 plan administration and insurance services. Sage is a provider of business management software and services to small and midsize businesses. The company’s payroll offerings include Sage Essentials, for businesses with fewer than 10 employees, and Sage Payroll Full Service. Sage Payroll Essentials provides unlimited processing, tax filing and direct deposit for a flat monthly fee, while Sage Payroll Full Service outsources your work to Sage’s payroll professionals.

The company’s payroll service allows direct deposit and employee self-service. Big Fish also offers time and attendance and human resources solutions. Advantage Payroll Services offers a wide variety of payroll-processing technology, including proprietary software, online payroll management and a centralized data network. In addition to payroll input via PC, phone or fax, the company’s Instant Payroll product allows businesses to manage their payroll online. The company offers direct deposit and tax filing services at no additional charge. Online payroll services give small businesses the peace of mind that, with just a few clicks, their employees will get the money they are owed and the proper payroll taxes will be withheld. This way, you don’t have to worry about whether you filed the tax documents correctly and are paying the right amounts.

Payroll information can be entered via Payright’s Evolution software or by phone, fax or email. Payficiency’s online payroll service features automatic payroll runs for businesses that have the same payments each pay period. The system includes direct deposit, emailed pay stubs, wage garnishments, voluntary deductions and new-hire reporting. Payficiency also automatically pays and files all federal and state taxes for employers. Employees can access the system to review their pay records, benefits information and important HR documents.

PaySmart offers online payroll services that allow businesses to access their payroll processing tools from anywhere they have an internet connection. Within the system, employers can enter payroll, add new employees and access reports. Employees can access the system via their computers or mobile devices to see pay stubs and other important documents. Paysmart also prepares and files clients’ taxes and gives them the option of how their payments are made. In addition to its payroll services, Paysmart offers background checks and time and attendance services. The company’s online service processes payroll, manages payroll taxes and offers access to payroll reports from anywhere with an internet connection. BenefitMall gives you the option of paying employees through direct deposit or by printing your own checks.

Does payroll need software?

Payroll software can help you avoid crucial mistakes
From calculating and withholding taxes to helping with end-of-year filings, the best payroll software will help you avoid the most common payroll mistakes. Payroll companies usually update their systems to stay on top of changing state and federal requirements.

Service optimized for up to 50 employees or contractors, and capped at 150. If you file taxes in more than one state, each additional state is $12/month for only Core and Premium. The discounts do not apply to additional employees and state tax filing fees. If you add or remove services, your service fees will be adjusted accordingly. To be eligible for this offer you must be a new Payroll customer and sign up for the monthly plan using the “Buy Now” option. This offer can’t be combined with any other QuickBooks offers. To cancel your subscription at any time go to Account & Settings in QuickBooks and select Cancel.

TelePayroll provides a range of business services for both small and large companies. TelePayroll also collects and files taxes for any tax agency jurisdiction in the United States.