Top Five Payroll Management Services for Small Businesses

Employees expect to be paid their full wages on time. Failure to do so can lead to mistrust and general dysfunction. Unsurprisingly, managing payroll is one of the most complex tasks in business management. Fortunately, right here there are many payroll services that are designed to make the task easier and more organized.

Here is an overview of the best payroll service for small business:

QuickBooks

QuickBooks is popular with small businesses for the comprehensive nature of its services. It is designed for convenience and is capable of handling complex payrolls.

The best feature of this service is its comprehensive report system. The system is designed to run on Google and iOS platforms, so you can carry your work with you. The Full Service plan also comes with tax reporting tools as well as W-2 tax return forms – other types of tax return forms are not supported.

QuickBooks’ products and services are customizable and scalable so that you can pay for only what you need.

Square

Square is also a popular brand, but it is suited for a particular type of business. The unique thing about Square is that it charges for its products and services per contractors, including its payroll systems list, as opposed to monthly subscriptions. It charges $5 for each contractor. This makes it more suitable for small businesses that work with contractors as opposed to full-time employees. Another notable limitation is that this service is available only in 32 states at the moment. In spite of its particular nature, Square is one of the best payroll systems in the market. Its benefits include a platform that runs on both Android and iOS platforms and tax submissions on federal, state, local, and payroll basis – it offers both w-2 and 1099 tax forms.

Paychex

Paychex is designed for convenience and ease of use. Its interface is easy to use as it is made up of checkboxes, drop-down menus, and simple buttons to execute otherwise complex commands. It also has an insurance agency department that you can use to save money on a wide range of expenses.

This system also runs of Android and iOS platforms, facilitates tax returns, and offers two tax forms. Notably, however, it also offers HR tools.

Gusto

Gusto is a comprehensive payroll management system that offers everything you need and more. Some of its unique features and products include 401k management tools, employee directories, document management, and HR tools, among others. The system also has an easy-to-use platform that makes it easy to manage payrolls even without sufficient know-how.

This platform also runs on Android and iOS platforms for portability. It also facilitates tax returns on all plans.    

Patriot Software

Patriot Software is popular for its flexibility. For instance, its system is versatile enough to create entries for hours actually worked, types of pay, and even other details such as commissions and bonuses. What’s more, it comes with all the features of the previous services, but with one exception: it doesn’t run on mobile platforms.

Payroll management doesn’t have to be a pain in the neck – any of these payroll management services will handle most of the technical work for you! All the services on this list are competent and affordable for small businesses.

Related Articles:

• The Benefits of Fleet Trucking for Small Businesses
• Strategies for Building Your Small Business