The Ultimate Guide to Choosing the 9 Best Payroll Services for Small Businesses

Small businesses face numerous challenges when it comes to managing their payroll. From calculating salaries to making tax deductions, there are many things that can go wrong, especially when everything is done manually. That’s where payroll services come in handy. They can help small businesses save time and minimize payroll errors. But with so many payroll services available, how do you know which one is best for your small business? Here’s a comprehensive guide to help you choose the nine best payroll services for small businesses.

1. Gusto

One of the best payroll services for small businesses is Gusto. It offers a variety of features, including automated payroll, benefits administration, and tax filing. It also integrates with popular accounting software, such as QuickBooks and Xero, making it easy to manage your finances. Gusto has a user-friendly interface, which makes it easy for you to navigate and use all its features. The pricing is affordable, with plans starting at $39 per month plus $6 per employee.

2. ADP

ADP is a payroll service that caters to small businesses with less than 50 employees. It offers various features, such as direct deposit, payroll tax compliance, and HR management. ADP also has a mobile app that makes it easy for you to manage your payroll on the go. One downside to ADP is its pricing, which can be a bit high for small businesses. Its plans start at $49 per month, plus a per-employee fee.

3. Paychex

Paychex is another payroll service that offers features such as payroll processing, tax compliance, and HR management. One of its unique features is its pay-on-demand service, which allows employees to access their earnings before payday. Paychex is also customizable, allowing you to choose the features that suit your small business. However, Paychex is slightly costlier than some of the other payroll services, with plans starting at $60 per month, plus a per-employee fee.

4. OnPay

OnPay is a payroll service that caters to small businesses with less than 100 employees. It offers payroll processing, tax filing, and HR management. One of its unique features is its unlimited payrolls, which means you can run as many payrolls as you need each month. OnPay also has a user-friendly interface and integrates with popular accounting software, such as QuickBooks and Xero. Its pricing is affordable, with plans starting at $36 per month, plus a per-employee fee.

5. Square Payroll

Square Payroll is a payroll service that caters to small businesses with less than 20 employees. It offers payroll processing, tax compliance, and benefits administration. One of its unique features is its integration with Square POS, which allows you to track employee hours and pay them directly from your point of sale system. Square Payroll is also affordable, with plans starting at $29 per month, plus a per-employee fee.

6. SurePayroll

SurePayroll is a payroll service that offers a variety of features, such as payroll processing, tax filing, and HR management. It also has a mobile app that makes it easy to manage payroll on the go. One of its unique features is its service guarantee, which promises accurate and on-time payroll processing. However, SurePayroll is slightly expensive, with plans starting at $49.99 per month, plus a per-employee fee.

7. Intuit Payroll

Intuit Payroll is a payroll service that integrates with QuickBooks, making it easy to manage your finances. It offers features such as payroll processing, tax compliance, and HR management. Intuit Payroll also has a mobile app that allows you to manage your payroll on the go. Its pricing is affordable, with plans starting at $45 per month, plus a per-employee fee.

8. Wave Payroll

Wave Payroll is a free payroll service that offers features such as payroll processing and tax compliance. It also integrates with Wave’s accounting software, making it easy to manage your finances. One downside to Wave Payroll is that it doesn’t offer benefits administration or HR management. However, if you’re looking for a free payroll service, Wave Payroll is a great option.

9. Zenefits

Zenefits is a payroll service that offers payroll processing, tax filing, and benefits administration. It also has an HR management system that allows you to manage employee onboarding and offboarding. Zenefits also integrates with popular accounting software, such as QuickBooks and Xero. Its pricing is slightly higher than some of the other payroll services, with plans starting at $10 per month, plus a per-employee fee.

In conclusion, choosing the right payroll service for your small business can be a daunting task. However, by considering the above-listed payroll services, you’ll be able to choose one that meets your business needs and budget. With the right payroll service, you’ll be able to save time and minimize payroll errors, allowing you to focus on growing your small business.