The Top Payroll Software Solutions for Small Businesses in 2021
As businesses continue to evolve, so do the tools that breathe life into their systems. Payroll software is a crucial component of any organization’s success, especially for small businesses that want to optimize their operations. Thanks to technology’s advancements, the task of handling employee salaries, taxes, and benefits can now be automated through an array of payroll software solutions.
In this article, we’ll discuss the top payroll software solutions for small businesses in 2021, highlighting their features and their suitability for various types of small businesses.
1. Gusto
Gusto has become a popular choice for many small businesses due to its user-friendly interface and robust features. The software offers a wide range of services, including payroll, tax filing, HR tools, and employee benefits management.
Gusto takes care of tax filings for businesses, ensuring that they remain compliant with tax regulations. Additionally, employees can enjoy benefits such as 401(k) plans, healthcare, and commuter benefits.
2. QuickBooks
QuickBooks is synonymous with accounting software. However, they have a payroll module as part of its services. The application can be integrated with other software products in the QuickBooks family, making it suitable if you’re already using other QuickBooks solutions.
QuickBooks Payroll is well-suited for small businesses that want to handle their accounting, invoicing, and payroll management from a single platform. The software offers a wide range of payroll and tax features that can be customized according to your business’s needs.
3. OnPay
OnPay simplifies your payroll process and guarantees compliance with tax regulations. Whether you have employees in multiple states or require additional HR functions, OnPay has it all. The software is easy to use, making it an excellent choice for small businesses that don’t have an in-house HR team.
OnPay offers automatic tax filings and payments, unlimited payrolls runs, and employee self-service tools. Additionally, it integrates seamlessly with accounting software such as QuickBooks and Xero.
4. Zenefits
Zenefits stands out due to its all-in-one platform, which covers HR, payroll, benefits, and compliance. The software’s user-friendly interface allows you to monitor your employees’ payroll and benefits easily. It also automates tax-filing processes, ensuring that your business remains compliant with tax regulations.
Additionally, Zenefits offers a range of features such as time tracking, employee self-service tools, and reporting features.
Conclusion
The top payroll software solutions for small businesses in 2021 are key tools for streamlining payroll processes while ensuring compliance with tax regulations. Gusto, QuickBooks, OnPay, and Zenefits are some of the best software solutions in the market, each suited for different types of small businesses. Choose a software solution that meets your specific needs and watch your business grow.
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