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Best software to manage payroll for a small business

Best software to manage payroll for a small business

Hiring a bookkeeper or someone to manage payroll for a small business will prove to be an expensive affair. So, if you wish to save on such expenses and still be able to keep a track of payroll, here are some of the best software to help you manage payroll for a small business.

Gusto
To manage payroll for a small business, Gusto is a software that has carved a niche. The Cloud-based payroll plan starts at $39 per month and thereafter, $6 is charged as and when a new employee is enrolled. It offers several services some of which include automatic federal, local, and state income tax filing; paid time off tracking; W-2 and paystub access for employees; and various other impressive services.

Patriot
Patriot is another great software that can efficiently manage payroll for a small business. The basic version charges $10 per month and an extra $4 is added when an employee is added. At this price, you can expect payroll capabilities like direct deposit payments and paycheck management, payroll setup, and schedules that will ensure flexible payments. If you spend a little extra and opt for the $30 per month plan with an additional $4 per month per employee, you will get services like auto-filing and deposition of federal taxes, local taxes, and state taxes along with the filing of W-2s and W-3s.

BrightPay
BrightPay gives solid competition to all the other software in its class. One of the selling points of BrightPay is that it offers a trial version for free wherein you can access its features and then decide whether you want to make the purchase or not. If you are happy, you can pay a one-time cost of $312 and avail of all the benefits. It offers all the services concerning tax compliance for all employees and is even adept at managing leaves and vacations that are taken by employees or that they are entitled to.

OnPay
This is a great payroll management software especially if you hire contract workers or pay them on an hourly basis. The cost of this software starts from $36 per month with an additional $4 per month for every employee added. The best part about this software is that it is Cloud-based, and you can access it both through a computer and phone as well. The software offers unlimited monthly payroll runs, payroll reports, and filing of 1099 and W-2 forms, among many other features. It offers integrations for time tracking and accounting as well. Additionally, it even provides you with options for multiple schedules and pay rates.

Wave Payroll
In the payroll management category, Wave Payroll is probably the most affordable software that you’ll find. At the same time, it comes packed with several features. It bears a price tag of $20 plus $6 per employee every month. Even if you go by the base plan, you will still be able to enjoy features such as payroll reminders in email, no limits on free direct deposits, and 100% accuracy in payroll, among various other customer-friendly services. Moreover, Wave Payroll has been appreciated for its amazing customer service.

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