Payroll management can be a strenuous job for small and mid-sized business owners. There are several complexities involved in managing payroll. Payroll management professionals have to keep track of minute details while processing payroll. One relief for such professionals is the availability of comprehensive software tools that help in making payroll management a manageable job.
Listed below are the 6 best tools for payroll management.
1. RUN Powered
RUN Powered by ADP is an online payroll processing software that is specifically designed for small businesses. It allows business owners to manage payroll in an easy, affordable and quick manner. RUN is a feature-rich software that includes tools to calculate taxes and deductions, automatically file taxes, pay employees and contractors, enter vacation and sick time of employees, store employee records, and perform various other functions. RUN also allows cloud based payroll processing and is available for iOS and Android devices.
Zenefits is an online payroll management tool that is ideal for companies with a lot of employee turnover. Zenefits provides an extremely flexible platform to manage all functions related to HR payroll along with the benefits and compliance in one online dashboard. With Zenefits a business owner can quickly and easily manage and automate all day-to-day payroll tasks such as adding and removing employees from payroll, wage calculation, pre-tax deductions, tax filing, generating agreements, paying contractors and other payroll related functions.
SurePayroll is a comprehensive payroll solution that offers ease of use and fast processing of payroll functions. It is an online payroll system that is equipped with all the necessary features needed for efficient payroll processing. It is aimed at small business organisations. Its features include several functions such as calculation of wages, regulation compliance, record keeping of payroll, calculation of taxes, etc. SurePayroll has a mobile app that can be downloaded on iOS and Android devices for processing payroll from anywhere and at all times.
Gusto, earlier known as ZenPayroll, is a cloud-based payroll solution that has been developed to simplify the process of paying employees as well as reduce the administrative burden of payroll for business owners. Gusto’s list of common features include calculating taxes, filing taxes automatically, calculating wages, paying employees, generating reports, storing employee and contractor information, handling bank account transactions, etc. Its advanced features include automatically reporting new hires to the government, setting employee accounts, cancelling payroll in case of any mistake, etc.
Ascentis is a web-based payroll solution aimed at companies with employee strength of 100 to 2500. Ascentis allows instant processing of payroll and instantaneous auditing. Real-time payroll processing ensures efficiency, accuracy and flexibility. An important feature of this online web-based payroll processing system is that it offers high level of safety and security of payroll data. Users are assigned a unique login and a secure password. All data communicated between the user’s PC and Ascentis online payroll web servers are encrypted to ensure complete security of data.
Accuchex’s Time2Pay payroll system is a web-based payroll services application designed for medium sized companies. It is a full service payroll application with an easy to use independent platform. Its features include handling tax deposits, filing tax, computing payroll for hourly or salaried employees and reporting. Time2Pay provides more than 50 standard reports that users can generate easily by providing just the required specifics. This payroll system also ensures security of payroll data.
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