Which is the easiest payroll software for your organization?
In this blog, we have selected the best rated online payroll software for small businesses that can perform employee payroll, calculate federal and state taxes, manage general payroll deductions, and offer employees payment options such as a direct deposit.
The below payroll software providers offer functions for payroll management, such as:
- Price: We have tried to ensure that all options offer a low price and/or a high value.
- Usability: The options do not require you to be a Certified Public Accountant (CPA); they are intuitive.
- Gross pay: Calculate an employee’s gross pay for each pay cycle based on hours worked, salary and/or bonuses; enter data manually or via a time recording system.
- Net pay: Determine an employee’s net pay after processing payroll taxes and other deductions such as health insurance premiums, insurance, or 401(k) savings plans.
- Payments: Pay employees by direct deposit, paychecks, or payment cards.
- Tax documents: Create and print year-end reports such as W2 tax forms for employees.
- Government requirements: Manage tax returns and send new employee reports to the state.
- Unemployment, disability, and disability: Calculate deductions and manage payments according to federal and state requirements.
The best payroll software for small businesses often adds unique features that help distinguish them from each other, such as the integration of new employees and reports, time recording, interfaces to general ledger software, benefits, vacation tracking, garnishments, compensation and payments to contractors. These are features that most start-ups and small businesses will eventually need.
Intuit Payroll is a robust but affordable payroll solution that offers three price plans to meet the different budgets and needs of businesses. Each plan has its limits, with the exception of the premium Full-Service Payroll product, where all tax and payroll processes are managed by the software. With this application, companies can easily pay their employees on time without spending too much time on the process.
With Intuit Payroll, companies can process payments with their employees accurately and efficiently. They can generate an unlimited number of paychecks while automating the calculation of payroll tax. In addition, the supplier provides reliable support from online experts. Key features include Sign Compliance Service, workers’ compensation insurance, recruitment tips and tools, and step-by-step implementation support.
It is a complete HR suite that combines payroll software, talent management, and benefits. This solution is used by more than 400 companies and has managed more than $2.5 billion in annual salaries. It is a cloud application that allows organizations to manage compliance and streamline HR processes such as talent management, benefits, and payroll.
It is designed for medium-sized businesses and helps them manage employee information management and payroll processes to accurately represent tax deductions and contributions to benefits such as health insurance. Key features include workflows, roles, and permissions, resources, schedules, reports, time tracking, and flowcharts.
Sage HRMS is designed for small to mid-sized organizations and provides an extensive suite of HR tools. Companies can utilize these tools to fully optimize the total life cycle of their employees, from recruitment to talent management. The app also offers payroll functionality and is designed to support the payroll requirements of businesses in multiple industries including agriculture, construction, manufacturing, retail, and others.
Sage HRMS is an efficient HR and payroll management software that offers businesses the tools and capabilities they need to attract and recruit top talent, improve employee engagement, and train their employees to become useful assets to their companies. The main features include decision support, paperless HR, time management, risk mitigation, and compliance, and recruiting and onboarding.
Bamboo HR is an online HR software designed for small and medium businesses. First of all, HRIS, this platform also has robust payroll tools to help you prepare your tax returns, track salaries and make direct deposits. With this solution, you can reduce the time spent on time-consuming payroll tasks and reduce the risk of human error.
BambooHR offers an elegant and modern user interface with an attractive color scheme. In addition, the comprehensive range of features includes HR data modules, HR key functions, monitoring functions, and advanced reporting tools. This platform is ideal for remote and remote teams because it is compatible with popular operating systems.
IceHrm is a Human resource management system for small and medium-sized organizations. This HRM software centralizes employee data and allows only one authorized person to access it, providing a high level of security. The presence module monitors employee time based on information about insertion and perforation. It covers all the basic HRM needs of a company such as leave management, time management, Recruitment management and handling employee information.
Unlike the other popular HRM software, you can use one system for all HRM functions. As the other HRM functions are designed for different HRM functions separately, using IceHrm will benefit you to utilize all HRM functions in one software. There are three different editions in IceHrm. Each edition has different features. You have a choice to select which edition will suit your organization according to your HR requirements in the organization. Also, you can purchase the IceHrm software based on the number of employees in your organization.
Key Features of IceHrm
- Document Management
- Employee Self Service Management
- Performance Management
- Time & Attendance Management
- Performance Appraisal
- Benefits Management
- Attendance management
- Email Integration
- Payroll Management
- Project Management
- Workflow Management
- Employee Lifecycle Management
In case you want to learn more about how you can use the IceHrm software for your HR responsibilities, you can easily sign up for a free trial here.