Payroll Services & Online Payroll Software

Paychex is a payroll and HR service provider for businesses of all sizes. Paychex Flex is its simplified payroll platform designed for small businesses with fewer than 50 employees. It was easy to manually add an employee or independent contractor by entering their name, email address and other crucial information. The platform offers a checkbox option to invite the added employee or contractor to fill out the rest of the information themselves.

What is the best payroll company?

Bookkeeper360 stands out among some of its competitors by offering bookkeeping services for both cash basis and accrual basis accounting, plus it integrates with popular accounting software. The company offers a range of plans based on which accounting method you use and how often you wish to receive reports and updates. Look for a service that offers essential features like accurate payroll processing, tax compliance and employee self-service options.

Paying Your Team Just Got Easier

Tax agencies can assess stiff fines and other penalties if payroll filings and taxes aren’t received by the scheduled dates. Benefits providers can cut off services such as health insurance if you fall behind on payments. Based on our hands-on testing, the three top-rated payroll services currently are ADP Run, Gusto, and OnPay. That means, in addition to automated payroll, you’ll receive full-service features.

Manage payroll and access tools and services in one place

Every payroll website we reviewed charges a base price, averaging around $40 per month, and a per-worker (employee or contractor) monthly charge of usually just a few dollars. Some, like Patriot Software and Gusto, have additional bookkeeping and payroll services fees for some services. Workful excels at supporting hourly workers who punch a time clock, though you can also use it to pay salaried workers. Its usability and simplicity make it a good choice for novice payroll managers.

Best Online Bookkeeping Services of June 2024

However, they say that the software does not offer enough customization options, nor does it offer detailed reporting to meet their needs. They also say its customer support is unhelpful; the chat bot does not offer relevant solutions and when they email customer support, it often doesn’t, either. They say the limited features the platform offers makes it a good option for companies with five to 10 employees but no more. From this screen, I was also given the option to import time tracking data from ADP’s time and attendance add-on or another time keeping software. Gusto offers three plans for companies looking to manage payroll for both full-time employees and contractors.

Bookkeepers are important professionals in today’s economic and financial fields. Every company, even a small one, requires bookkeeping to maintain a healthy financial position. Find out more on bookkeeping accounting skills, how to earn accounting degrees and bookkeeping certifications, getting jobs, salary expectations, and more. Find out how working with an experienced Staten Island accounting firm can help your business. Every report accessible in the Bench platform can be exported to an Excel file for easy sharing with anyone from business partners to accountants. After you sign up to Bench, a dedicated member of our team will assist you in connecting all your financial accounts securely to our platform.

Accounting and Tax Services

I had to first set up people groups within the platform, including their permission levels and other specifications. Rippling earns a 4.8 star rating on G2 with 2,2802,800 user reviews and a 4.9 rating on Capterra with more than 3,000 user reviews. Its users praise the platform for its user-friendliness and clean user interface. They say the Rippling customer support is overall responsive and helpful and they haven’t experienced an overly steep learning curve with the platform.

• Otherwise, monthly pricing starts at $399 and weekly pricing starts at $549 per month.
• Typically, bookkeepers cannot file tax returns on behalf of other companies on their own.
• InDinero offers monthly, quarterly, and annual pricing but differs from the rest on our list because you have to talk to a salesperson to get an actual price.
• These features make payroll tools a step up from running payroll manually with a spreadsheet.
• There are better, less expensive online payroll services that you could use as a standalone or integrated service.

How Do I Set Up Payroll for My Employees?

• They typically include a cloud-based portal for both employers and employees.
• With FreshBook’s full-service payroll software, processing payroll takes 4 days, at which time your employees will get their paycheck deposited by direct deposit.
• The benefits of payroll software are payroll accuracy, timeliness and compliance.
• A downside of Bench is that it specializes in cash-basis accounting, although there is a custom accrual accounting plan on the Pro plan.
• Users say the platform is easy to use both on the employer and employee end.
• Paying employees accurately and promptly is one of the most critical—and challenging—parts of running a business.

For pricing, we considered whether a service offers a free trial or a free version of its software as well as the affordability of its lowest and highest price tiers. FinancePal is best for small businesses that need bookkeeping assistance, including catch-up bookkeeping, entity formation and tax filing. Getting paid can be as easy as writing a check and depositing it into your personal bank account or using direct deposit.

• Your bookkeeper reconciles your accounts, categorizes your transactions, and produces your financial statements.
• Though each payroll service has a unique user experience, they all share similar structures.
• By itself, however, Square Payroll is expensive (considering its scope) and not as feature-rich as its competitors.
• Since I was given the option to send them an invite to input their own information, I would have preferred to only input about half of this data before sending the invite.
• For managing contract employees, the platform auto-generates Form 1099 when needed and grants contractors self-serve access to key tax documents.