Best 3 Payroll softwares to use in your business
Having a payroll software that meets the needs of your business is crucial for your business’s success. A proper payroll software allows business owners to take time to invest back in business and employees. However, selecting one is hard. No two payroll software are the same so we’ve taken a look at a few of the best payroll software on the market to help your decision.
ADP
ADP is an all-in-one payroll platform. It offers payroll functions such as HR, time management, and benefits. As a renowned payroll provider, ADP offers payroll services to small, mid-sized, and large businesses.
Pros
- Modern platform and direct access to experts
- Easy to set up with help from ADP live experts who walk you through the setting up process.
- One-stop solution: ADP offers a one-stop small business solution comprehensive bundle including payroll, HR, and time.
Cons
- The program can be hard to use and navigate without training.
Wagepoint
Wagepoint is a payroll software provider that provides payroll services for small businesses. It is a robust payroll platform that can handle both simple and complex payroll functions.
Pros
- Integration with Quickbooks Online and Xero.
- Good support team
- Extremely user-friendly with a great appearance
- Provides customer service support during normal business hours Monday to Friday
- Secure: Offers regular backup and 256-SSL bit security
Cons
- Lack of final approval after submitting payroll.
- Does not offer integrated HR services.
Payworks
Payworks is a 100% Canadian-owned organization providing payroll and HR services. Similar to its competitors, Payworks provides payroll, HR, time management, HR Advisory services, and other payroll functions.
Pros
- A good software for managing payroll, time-off requests, and other HR-related tasks.
- Straightforward software with a clean user interface.
Cons
- It does not have an app-only website access
PRICING COMPARISON
| Payroll softwares | # of employees | Frequency | Price |
| ADP | 10 | Bi-weekly | N/A |
| Wagepoint | 10 | Bi-weekly | $40.00 |
| Payworks | 10 | Bi-weekly | $41.90 |
Final thoughts
When it comes to payroll, it is important to have software that prevents penalties and audits from the CRA. As noted above, each payroll software is different and has unique features. What ultimately matters is the payroll software that has the features to meet your business needs.