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The Top 5 Payroll Services of 2024

Streamline employee payments, tax filing, and more with the best payroll solutions. Check out our reviews to discover the best payroll software for your business needs.

Last updated: September 29, 2024

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1

Our #1 Pick
Justworks

4.9

Excellent

Justworks
  • Payroll + HR Solutions
  • Setup in 30 mins or less
  • Transparent pricing and no hidden fees
  • Automated tax filings
  • Real-time financial insights
  • Forecast cash needs, access pay stubs, create reports, store documents, and more

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2

ADP

4.8

Excellent

ADP
  • Payroll + HR Solutions
  • Scalable solutions as your company grows
  • Trusted by over 800,000 small business clients
  • Pricing tiers based on your needs, from payroll only to payroll + advanced HR solutions
  • Streamline manual tasks with powerful cloud-based solutions
  • 24/7 support
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3

Gusto

4.6

Excellent

Gusto
  • Payroll + HR Solutions
  • G2 Award Winner 2024
  • Automatic Payroll, tax filing, and compliance guidance
  • Trusted by over 300,000 companies
  • Advanced hiring and onboarding tools
  • Unlimited payrolls with clear pricing
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4

Surepayroll By Paychex

4.5

Great

Surepayroll By Paychex
  • Payroll + HR Solutions
  • Over 29 Million Payrolls Run
  • Tax Calculation Guarantee
  • No Penalty Tax Filing Guarantee
  • Easily set up in minutes
  • Award-winning, live customer support by phone, email, or chat
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5

Paychex

4.5

Great

Paychex
  • Payroll + HR Solutions
  • World's Most Admired Companies 2023 by Fortune Magazine
  • Trusted by over 700,000 clients
  • 24/7 US-based customer support and world-class compliance team
  • Automatic tax calculations
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Our #1 Payroll Services Choice for 2024

Click Our Link To Get 1 Month Free

1

Our #1 Pick
Justworks

4.9

Excellent

Justworks
  • Payroll + HR Solutions
  • Setup in 30 mins or less
  • Transparent pricing and no hidden fees
  • Automated tax filings
  • Real-time financial insights
  • Forecast cash needs, access pay stubs, create reports, store documents, and more

85% of our visitors chose this!

Visit Site

Payroll software is a game-changer for small businesses aiming to streamline their payroll processes, manage employee payments, and ensure tax compliance. By automating these complex tasks, payroll software reduces errors, saves time, and allows business owners to focus on what matters most—growing their business.

Suitability for Different Business Sizes

Payroll software is designed to be scalable, making it suitable for businesses of all sizes. Whether you run a small business with a few employees or a rapidly growing enterprise, there's a payroll solution tailored to your needs. Small businesses particularly benefit from the efficiency and accuracy that payroll software provides, enabling them to manage payroll tasks without a large administrative staff.

Technical Support And Assistance

Reliable technical support is crucial when choosing payroll software. Most providers offer comprehensive support options, including online resources, chat, email, and phone assistance. Some even provide dedicated account managers for personalized support. Ensuring your chosen provider offers robust technical support can make a significant difference in your overall experience.

Handling Tax Forms: W-2s And 1099s

A standout feature of payroll software is its ability to manage and process tax forms like W-2s and 1099s. This automation ensures compliance with federal and state regulations, reducing the risk of penalties. Many payroll solutions also include automatic updates to keep up with changing tax laws, providing peace of mind and accuracy.

Types Of Payroll Services Available

In-House Payroll Software

Installed on your company's servers and managed internally, this option offers control but requires maintenance and updates.

Cloud-Based Payroll Software

Accessible from anywhere with an internet connection, cloud-based solutions are ideal for remote and distributed teams, offering flexibility and ease of access.

Payroll Service Providers

Third-party companies handle all aspects of payroll management, providing a hands-off solution that ensures expertise and compliance.

HR Vs. Payroll Vs. Combined Solutions

While payroll software focuses on employee payments and tax filing, HR software encompasses broader functions like recruiting, employee records, and performance management. Combined HR and payroll solutions integrate these functionalities, offering a comprehensive toolset for managing all aspects of employee administration.

Key Features to Look For in Payroll Software

When selecting payroll software, consider these essential features:

Automated Tax Filing

Ensures compliance with tax regulations and reduces manual errors.

Direct Deposit

Facilitates secure and timely employee payments.

Employee Self-Service

Allows employees to access their pay stubs, tax forms, and personal information conveniently.

Time Tracking Integration

Simplifies payroll processing by integrating with time-tracking systems.

Understanding The Costs of Payroll Software

The cost of payroll software can vary significantly based on the features and services offered. Basic plans may start at $10 to $20 per month, while more comprehensive solutions can range from $30 to $150 per month. When evaluating cost, consider both the subscription fee and any additional charges for features like tax filing or direct deposit.

Choosing the Best Payroll Services for Your Business

Payroll services offer numerous benefits, including time savings, improved accuracy, compliance with tax regulations, and reduced administrative burden. By automating payroll tasks, businesses can focus on growth and productivity while ensuring employees are paid accurately and on time.

Investing in the right payroll software can transform the way your business handles payroll and tax obligations. By choosing a solution that fits your needs, you can streamline processes, ensure compliance, and free up valuable time to focus on your business's success.