The Top 8 Payroll Softwares For Small Businesses – Recommended in 2020

Image by Shutterbug75 from Pixabay
3 years ago

If you want to make your payroll process easy then a payroll software like on of the 8 below could be exactly what your small business needs. These softwares make managing your payroll for a small team easy, and gives you more time to focus on other aspects of your business. Take a look below to find out more.


Keka HR

This product was recommended by Pranay Anumula from Technovert

We are using Keka HR for the last 1 year & the experience is quite good. Their support was terrific because of tax changes due to Govt orders, it was often challenging to process payroll but their team made sure that the payroll was updated to the latest terms & also with minimal errors. The product degradation was also good, we started by using only Payroll feature but later we opted for attendance management & other modules, what started as payroll software, at present we are using as a complete HRMS platform to help our HR carry out operations with ease.


Gusto

This product was recommended by Michael Van Gulik from Affiliate Training Now

Gusto sports an exceptionally clean and easy to use interface combined with both payroll features and General Human resources (HR) Management system. It also has an advantage for administration work as well. These reasons alone are enough to say why I choose this product as my number one source for paying people, but if you’re looking for more, it also comes with an exceptionally low price tag. The Gusto Payroll Option for customers is voted number in many places on the internet.

Focusing on Payroll Processing primarily, businesses are looking at $39 per month plus $6 per employee. For The HR Software included, it will be $39 per month plus $12 per employee. Gusto will walk you through setting up this complicated Payroll Application which gives you 100% accuracy. As setting up any Payroll application is a tricky task, even the smallest mistake in setting it up will cause problems for your payments system. This is another reason why I am saying to go grab this product as their value is most likely going to beat many others.


Patriot Software

This product was recommended by Ali Ubaid Rajput from Decrum

This is the easy and affordable payroll software. Through this payroll you can create customizable deductions and contributions.


SlickPie

This product was recommended by Daniel Juhl Mogensen from Kodyl

As a small business owner, you can waste a lot of time with tasks that you’re not primarily an expert in. Since accounting be tricky when you have to keep track of all your business, having a reliable payroll software can be a life-saver. The great thing about SlickPie is that it’s intuitive and easy to use right out of the box. Second, it’s cloud-based so I can access it while on the move, from any devices. It also has preset themes for invoices, online billing, and document management so you don’t have to create them from scratch. Besides being easy to set up, it provides options for automated billing and the convenience features you would expect from a top-notch small business payroll software. Last but not least, SlickPie is completely free to use with basic functionality for tracking up to 10 companies on one account.


QuickBooks Payroll

This product was recommended by Tom Winter from DevSkiller

QuickBooks Payroll uses a clean and simple interface that makes managing your company payroll a breeze. It makes it easy to do payroll yourself while offering other key features such as employee healthcare options and direct deposits. The software keeps your financial information secure, as QuickBooks has been around for a long time and has an outstanding reputation. If you are looking to automate payroll tasks and manage it through an intuitive platform that helps you effortlessly track your company payroll, QuickBooks Payroll is your best bet as a small business. With a starting rate of $45 per month, you can be confident that payroll duties are handled efficiently, allowing you to focus more on managing your business.


Payroll Experts

This product was recommended by Paul Katzoff from WhiteCanyon

Software is robust but still easy to use. It covers all of our needs as a small software company and manages PTO/Vacation/Sick Days very easily. WhiteCanyon Software has been providing data security tools for the e-waste industry since 1998. It is based in Utah and all Sales, Support and Development is performed at their Utah location. The programming has never been outsourced and the source code has never left the USA.


Hubstaff

This product was recommended by Jeremy Harrison from Hustle Life

As a small business enterprise, I only use software that are affordable. That’s why I use Hubstaff for employee monitoring and payroll. Some of the features that I like are online timesheets, time tracking, scheduling, and most important of all, reporting. It takes care of all my payroll needs, and it can be integrated into FreshBooks. If you’re like me and value productivity, I recommend you use Hubstaff as it’s the only one that focuses on it.


MerchantE

This product was recommended by Colleen Murphy from Trevelino/Keller

MerchantE’s Money OutTM services offer enterprise level payroll functionality and capabilities to small and mid-size companies, allowing them to be more competitive in today’s business environment. To pay employees instantly, MerchantE offers EmployeePlus Payouts. This feature gives companies the ability to pay wages, tips and rewards in real time using workers’ existing cards or bank accounts. To better manage reimbursements and expenses, MerchantE’s Pre-Imbursements enables growing businesses to pre-authorize payouts to workers’ own card or account, based on the rules pre-defined, and it auto-reconciles once the purchase is made.

Don't Miss

Agile development stands at the forefront of the software industry, championing an iterative, high-speed approach reliant on effective team communication and collaboration for success. This piece underscores the indispensable role played by dedicated development teams in agile projects, shedding light on their significance, advantages, challenges, and vital management techniques. Engagement Models in Software Development As businesses embark on software development endeavors, they confront a pivotal decision in choosing the most suitable engagement model for collaborating with skilled teams. Fixed-Price Model Ensures project completion within set timelines and budgets, but may lead to increased costs for desired changes, limiting customization options. Time and Material Approach Offers flexibility by compensating teams based on hours dedicated to the project, allowing for easy adjustments and ideal for projects needing intermittent attention. Dedicated Team Model Balances fixed-price and time & material models, employing specialized teams for adaptable project scopes, ensuring reliability and flexibility in long-term delivery. The Importance of Dedicated Teams in Agile Development Agile development relies on dedicated teams, diverging from traditional project management methods. These teams prioritize frequent collaboration and communication to swiftly adjust requirements and task priorities. Comprised of professionals fully committed to the project, dedicated development teams collaborate to deliver innovative solutions and top-tier results. This section explores their crucial role in agile development and essential strategies for effective team management. Success in agile development depends on the expertise and cooperation of dedicated teams. Efficient communication, coordination, and excellence from every member are crucial for timely results, highlighting the necessity of dedicated software developers. Clear alignment with core business goals and expectations is essential for project success. The Advantages of Employing a Dedicated Team in Agile Development Using a dedicated development team in agile projects has many benefits. Firstly, their commitment ensures excellent results, boosting project success. Secondly, their teamwork increases productivity. Lastly, having a dedicated team improves oversight and control over the project's progress, aiding in accurate outcome estimation. Improved Collaboration and Communication Engaging a dedicated development team in agile projects also yields enhanced collaboration and communication advantages. This dedicated group fosters close cooperation among remote team members, bolstering comprehension of roles and responsibilities and accelerating progress towards business objectives. Establishing dedicated software development teams helps alleviate miscommunication and ensures alignment towards shared goals. Employing a dedicated team also fosters transparency, encouraging open expression of thoughts, seeking advice, and addressing concerns. Quality Assurance and Timely Delivery A dedicated development team in agile development leads to enhanced quality assurance, expedited delivery times, and early issue detection. Collaborative efforts enable swift and effective resolution of such matters, facilitating prompt progress to subsequent tasks. Implementing a dedicated software development team helps minimize delays and ensures alignment with quality expectations. Furthermore, dedicated teams operate with heightened productivity, enabling swift completion of development tasks and adherence to project deadlines. Flexibility and Scalability By enlisting a dedicated development team, projects become more adaptable and scalable. This enables easy adjustment to changes in market conditions or requirements. Businesses can readily modify the team size to match project needs without interrupting ongoing work, ensuring projects remain on schedule and are delivered punctually. Comparing In-House and Outsourced Development Teams In-House Development Team: An in-house dedicated team comprises full-time employees working solely for one company. They have deep knowledge of the company's culture, practices, and technology, smoothly handling projects from start to finish. However, there are challenges with in-house teams: Cost Concerns: Maintaining an in-house team can be expensive, including expenses like recruitment, training, salaries, and benefits, which may strain smaller companies or startups with limited budgets. Expertise Limitations: Internal teams may lack specialized knowledge, technical skills, or industry-specific expertise compared to external teams, particularly in niche industries or specific skill sets. Scalability Issues: In-house teams may struggle to adjust their capacity swiftly to meet changing project demands or priorities. Flexibility Constraints: Internally-based teams may find it challenging to accommodate varying working hours, meet project deadlines, or adapt to different methodologies compared to outsourced teams. Outsourced Development Team: External dedicated development teams, sourced from third-party providers, focus solely on the organization's projects. These professionals offer numerous advantages: Cost Savings: Outsourced teams often provide competitive pricing, reducing expenses on infrastructure, technology, and overhead costs. Access to Expertise: Engaging with a software outsourcing company grants access to specialists from a global talent pool with the required skills and experience. Scalability: Outsourced teams can adjust their workforce to match fluctuations in project scope and priorities, making them valuable for businesses. Flexibility: Remote outsourcing allows for greater flexibility in working hours, project deadlines, and delivery processes. Outsourced development team offers benefits despite challenges like language barriers and time zones. Good communication and teamwork can help overcome these issues. Leaders should consider these advantages when deciding on the best approach for their company's goals. Wrapping Up Having a dedicated team is crucial for success in agile development. Consider the pros and cons of internal versus outsourced teams. While internal teams offer control, they can be more expensive, whereas outsourcing provides expertise at lower costs. If you decide to go with an outsourced dedicated team, VT Labs can provide skilled engineers to meet your agile development requirements.

Dedicated Teams: The Backbone of Agile Development

Agile development stands at the forefront of the software industry, championing an
Accelerating Global Collaboration: The Future of Fast File Transfer Technologies

Accelerating Global Collaboration: The Future of Fast File Transfer Technologies

In an era defined by instantaneous communication and the global exchange of