10 Best Payroll Software of 2017

Get a detailed look into the Best Payroll Software available today. Learn how this service could help you simplify your payroll process.   

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Payroll software are any programs designed to automate the task of paying a company’s employees. They are beneficial because they can reduce the number of man hours associated with processing this manually, while allowing employees to play an oversight role on the backend, ensuring all is being calculated correctly.

Payroll software programs are great for companies that not only want to reduce the monthly or bi-monthly time expenditure, but also to bolster corporate transparency. Programs also enable employees to electronically view their paystubs, and visualize tax and benefit breakdowns.

When selecting a specific payroll software program, make sure to consider those features that would most make an accountant’s life easier. For instance, many options will guarantee flawless tax calculation and filing. This should hold true for federal, state, and local taxes.

Before you decide on your payroll software package, you’re going to want to consider the following. Does the software allow direct deposit, check printing, and pay cards? Is the platform cloud-based, on-premise, or otherwise? Is the total rate match the same as was initially quoted?

Top 10 Companies

#1
Intuit
9.9 / 10
  • Starts at $20 per month, $2 per employee
  • QuickBooks integration
  • Eliminate tax penalties
  • Automatic tax payments
  • W2 employees, 1099  contractors
  • Payroll setup
#2
Wave
9.6 / 10
  • Starts at $9 per month (base fee plus one employee)
  • Access anywhere, anytime
  • Wage and tax reports
  • Employee income tax forms
  • Weekly, bi-monthly, monthly payrolls
  • Benefits, vacation pay and overtime 
#3
Sage
9.1 / 10
  • Time and attendance management
  • In-house and outsource payroll solutions
  • Check printing
  • Debit card payment option
  • Tax filling and year end processing
  • US and Canadian tax compliant
#4
ADP
8.6 / 10
  • Fast, easy to setup
  • Cloud-based
  • Mobile device compatible
  • Flexible time collection methods
  • Expert support for hardware installation
#5
Paychex
Our Partner
8.2 / 10
  • Dedicated payroll specialists
  • Software as a Service
  • Monthly subscription
  • No contract
  • Mobile access
#6
IOIPay
8.0 / 10
  • Call-in, fax-in, email payroll entry
  • Web-based
  • Mobile apps
  • Detailed reports
  • Tax features
  • Year-End W-2 Processing
#7
Payroll1
7.3 / 10
  • Highly personalized services
  • Detailed reporting
  • Great customer service
  • Payroll tax services
  • Direct deposit, check signing payments
  • QuickBooks integration
#8
zenpayroll
6.7 / 10
  • Starts at $29 ($25 base plus $4 per employee)
  • 24/7 web and mobile access
  • Automated tax payment and filling
  • One, easy to understand pricing
  • FreshBooks, QuickBooks, Xero integration
  • Calculates state and federal taxes
#9
TRAXPayroll
5.9 / 10
  • Online, access anywhere, anytime
  • Unlimited number of employee accounts
  • Tax features
  • Management reporting
  • General ledger
#10
Paycom
5.6 / 10
  • Cloud-based
  • Check payment processing
  • Reporting features
  • Unlimited users
  • Tax processing
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Additional Companies:  
ProPayroll

Best Payroll Software: Summed Up

RankCompany NameStrengths
1IntuitBest Overall
2WavePayroll Processes, Payment Services
3SageIndustry Applications, Services
4ADPIndustry Applications

How We Compare Payroll Software

Select 2 payroll software companies to compare
vs
Payroll Processes - 30%
Tax Features - 25%
Payment Services - 20%
Industry Applications - 15%
Services - 10%

Customer Questions & Answers

Why should I get Payroll Software?

Handling a payroll is a huge responsibility for anyone, let alone someone who is trying to learn it on their own. If done incorrectly, you won’t just throw your company’s finances off, but could also impact your employees’ pay or benefits, and errors in tax reporting could mean paying penalties.

If you plan on managing payroll yourself, be prepared to do a lot of accounting, study up on federal and state payroll laws, keep track and meet deadlines, and manage your employees hours and benefits. If this is more than you are willing to take on, you are not alone, but at the same time hiring a part-time accountant can be expensive, which is why many business owners find payroll software to be a happy medium.

What Payroll Software should I get?

The answer to this question depends on the needs of your business. Whether you are looking for payroll software that just calculates paychecks and taxes, or one that allows you to enter in the data and takes care of the rest, there is a payroll software for you.

With most payroll software services, you can calculate paychecks, file payroll taxes, provide direct deposit, issue year-end W-2s, report new W-2 hires, and help manage your employee benefits. Additionally, many companies include error-free guarantees backing their products, live specialist support, and many offer mobile friendly formats for easy access anywhere.

How much does Payroll Software cost?

The cost of payroll software depends on the services you need and the size of your company. Oftentimes, payroll software has a base rate (starting as low as $9 a month) and then charges a small amount per employee. This could mean that a small businesses pays $25 a month, while a larger business pays $200 a month for the same software.

Also, if you are looking for a customized payroll software program, expect to pay more than if you select a pre-packaged software program.

As a result of the varying prices, we suggest getting quotes from companies you are interested in before making your final decision.

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