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6 Best Online Payroll Software in 2021: Pay Your Employees on Time and Correctly

6 Best Online Payroll Software in 2021: Pay Your Employees on Time and Correctly

Maja Cizmic

October 27, 2021

Blog

Whether you are satisfied or fulfilled with your job or not, there is one key thing that is common for all of us. Most people come to work to earn a living. Handling the process of paying employees on time is an essential part of any business.

The people designated to handle handing out paychecks and administering them depend quite heavily on usable and accurate software. The software that is in such use must be simple yet effective, doing several calculations automatically.

The best payroll software must be adaptable and flexible enough to meet your organization’s evolving needs. This is true regardless of the size of your team. Here, we will list some of the best payroll software out there.

QuickBooks

QuickBooks

QuickBooks software is an excellent solution for teams with a stable pay structure and a tight budget. It has a remarkable auto-pay feature that will become available after the initial setup. Also, the system is so simple and reliable. You can almost forget to think about it after the initial stage.

As an additional feature, we have to mention tax penalty protection. Being precise and matriculated can save you a lot of time and effort later down the line. The software offers you three pay packages: Core, Premium, and Elite. The two later ones also have the option of same-day direct deposit, which is fantastic for your employees.

Zenefits

Zenefits

Next on our list is software initially designed to be an HR platform. However, it evolved beyond those constraints. This fact makes Zenefits a feature-rich central platform for most of your employee management. Some of the things you can find in this software are hours, benefits, paid time off tracking, and all salary-related information. This does, however, imply that any changes made to an employee’s salary will be synced to all crucial areas, like payroll.

There is one slight issue with Zenefits, however. The payroll feature is an add-on to the HR software, meaning you will first have to purchase the software to get access to the payroll feature.

RUN powered by ADP

RUN powered by ADP

If you are looking for something more than just simple startup and payroll, then we have a perfect thing just for you. RUN is an easy-to-use software made by ADP, a company with over 70 years of experience running payrolls, and is one of the leaders in the industry.

RUN allows you to quickly set up new employees, whether contractors or full-time employees. Users can even run payroll from their smartphones, giving them even more flexibility.

Paychex

Paychex

Paychex‘s next entry to the list offers a couple of ways to set it up. The most common methods are importing an already existing payroll or manually inputting the necessary information yourself.

Paychex dates back to 1971 and offers a system for employee education, which helps with their retention. The platform can automate some more tedious things, such as calculating state and local taxes and even has a free mobile app.

The platform comes with three distinct packages: Paychex Go, Paychex Flex Select, and Paychex Flex Enterprise.

Square

Square

Square was once a pretty humble company, having only a credit card reader in a square shape – hence their name. Soon, however, they expanded to provide other monetary services, including having payroll software.

This software, like some of the other entries on the list, could be considered an all-in-one solution in terms of feature set. Their software gives employers the ability to track hours and pay various categories of employees with ease. There is even a mobile app that allows you to pay employees on the go for those who need extra mobility.

Namely

Namely

Our last entry on this list is a cloud-based platform known as Namely. This software is best for mid-sized to large companies, according to the company who developed it. Namely’s main goal for its software is to be hassle-free and intuitive, as managing pays and payroll can be quite a hassle.

However, since it is cloud-based, employees can access the platform from anywhere.

Besides automating a lot of things as the other payroll software does, Namely also can distribute surveys to employees. Also, this is awesome for collecting feedback on recent changes or general work culture.

Conclusion

With such a variety of payroll software, you are bound to find one option that fits your needs.

It is crucial to pick payroll that can meet all requirements of your company.

There is something for everyone, small and large scale teams, and both dedicated software and all-in-one solutions.