It’s no secret that one of the most important parts of owning or running a business is to make sure that your employees get paid. No matter how small your business might be, it’s a good idea to consider outsourcing your payroll services.
After all, payroll and taxes are a lot to keep up with, thus handing those duties off to a professional service is a great way to have one less thing to worry about while assuring that everyone gets paid on time.
So, what is the best payroll service for your business? Great question!
Let’s take a look at some payroll options that can help keep your business running smoothly and efficiently.
Sage has a great reputation. In fact, they boast the highest client retention rate in the industry. They offer products for businesses of different sizes, including features such as tax filings and payments, direct deposit, online access to paystubs, 1099s and W2s, as well as an online chat service.
They also offer a direct interface with QuickBooks, allowing you to simplify your record keeping.
Paychex is capable of processing payroll for companies of any size. Their Paychex Flex service is cloud-based and enables clients to access payroll information from any device with only a few clicks.
They also offer an array of additional services, including accounting systems and small business loans.
ADP is one of the most commonly used payroll services in the U.S. They offer a wide range of services, including the ability to pay employees by direct deposit, pre-paid VISA cards, or printed checks.
ADP’s basic small business package includes year-end tax filing and preparation of 1099s and W2s, while more advance packages include attendance tracking, insurance services, and benefits planning.
Here is a great resource for any small business needing a pay stubs generator.
Gusto has become popular with many small businesses because they offer dependable payroll services at a low cost. They can handle multiple employee types and integrate easily with QuickBooks, FreshBooks, and Google G-Suite applications.
They also offer higher-level services, which include access to a virtual HR solution that can advise you in much the same way that a typical HR department would.
Paycor offers payroll and employee management tools that allow your company to grow and change as needed. They enable small businesses to keep costs down by letting you select only the services you need.
Paycor isn’t designed to interface with bookkeeping applications like QuickBooks, yet it does offer an integrations team that can help to format output from Paycor to any general ledger application you use.
Choosing the Best Payroll Service for Your Business
There are plenty of payroll options available on the market, but this article will help you choose the best payroll service for your business.
If your company is still small, you might be looking for a cheap payroll service to handle your needs while your business grows. This list can help.
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