Best Payroll Software
- Top Rated Payroll Software include: Gusto, UltiPro, TriNet, Namely, Priority AccountEdge, QuickBooks Online, Ceridian Dayforce HCM, Zenefits, and Intuit Payroll.
- Other Payroll Software on the TrustMap include: ADP RUN, ADP SmartCompliance, ADP Workforce Now, Paycom, Paycor, Paylocity Web Pay, Paychex Flex, and ADP Vantage HCM.
- A complete list of Payroll Software is available here.
TrustMaps are two-dimensional charts that compare products based on satisfaction ratings and research frequency by prospective buyers. Products must have 20 or more ratings to appear on this TrustMap, and those above the median line are considered Top Rated.
Payroll Software Overview
What is Payroll Software?
Payroll software products are point solutions (or modules within Core HR/HCM suites) for tracking and delivering employee compensation.
Payroll Software Features & Capabilities
Features related to payroll management are:
Calculating employee pay, including state and federal deductions
Ability to integrate with external payroll vendors
Ability to issue off-cycle checks
Maintain payroll history for each employee
Administration of health insurance plans, 401k plans and other benefits
Ability to electronically transfer pay to an employee's personal bank account
Payroll tracking and auditing
Ability to modify individual employee pay increments or other modifications
Payroll management capabilities provide for the calculation of employee pay and benefits. They also manage direct deposit, salary revisions and payroll tracking.
In-House vs. Outsourced Payroll
Traditionally, outsourcing of payroll was the dominant model as companies saw this as a way to avoid hiring staff. Outsourcing is still common, but modern payroll software is now an changing that model.
With increasingly easier to use payroll program options, companies are now able to keep payroll in-house without having to spend many labor hours to get the job done. Payroll software can help companies to retain more control over payroll processes while benefiting from greater flexibility than the traditional outsourced model.
Ultimate Software delivers cloud-based HCM solutions that help businesses accelerate talent acquisition, simplify payroll computations, manage time and attendance, and support proactive, strategic talent management.
TriNet provides small and medium size businesses (SMBs) with full-service HR solutions tailored by industry. The vendor aims to free SMBs from HR complexities by offering access to human capital expertise, benefits, risk mitigation and compliance, payroll and real-time technology. From Main Street...
ADP Workforce Now is an cloud-based HR platform for mid-sized businesses.
Ceridian is a global HCM software company. Dayforce is Ceridian's flagship cloud HCM platform, and provides HR, payroll, benefits, workforce management, and talent management functionality. According to the vendor, the platform is used by organizations, regardless of industry or size, to optimize...
Paycor offers recruiting, hiring, benefits administration, payroll, tax compliance, and time & attendance tracking capabilities.
RUN powered by ADP is a benefits administration and payroll platform for small businesses with light additional HR features.
Quickbooks Pro is accounting software from Intuit, Inc. It allows a user to create invoices and track sales, enter and pay bills from vendors, and download bank and credit card transactions directly into QuickBooks. It contains analytic features, and its reports can be exported into Excel. Its home...
Workday Human Capital Management is built as a single system with a single source of data, single security model, and single user experience. Workday offers organizations a cloud-based system that evolves to meet changing business needs today and into the future. The user-friendly, global system...
Paycom is a core HR management software solution. It includes features such as talent acquisition and management, time tracking, and payroll management.
QuickBooks Online is a SaaS verison of the QuickBooks product. The monthly fee for this service starts at $13 and can be upgraded to include payroll services, and inventory management (implementing Intuit's acquisition, the Lettuce Inventory Management app, as a built-in component of QuickBooks...
QuickBooks Enterprise is a widely-used accounting package designed for smaller organizations. It is the top of the QuickBooks line. Pricing starts at $3,000 for five users, and goes up depending on the number of additional users. They also offer an Advanced Inventory module for $999 / year.
Oracle's PeopleSoft HCM is a complete suite including Global Core Human Capital Management, Workforce Management, Workforce Service Delivery, and Talent Management.
Namely, headquartered in New York, offers their eponymous HR platform, for integrated HR, payroll, benefits, and employee performance management.
ADP Vantage HCM is a fully-integrated platform combining the pillars of human capital management: HR, payroll, benefits, talent management and time & attendance.
Zenefits is a free, cloud-based core-HR platform with benefits administration capabilities. Zenefits, an American company headquartered in San Francisco, is not paid by users of its platform but by benefits providers whose users choose to administer benefits through the Zenefits platform. A...
APS is a national workforce management and cloud-based HR solution provider. The platform includes core HR, payroll, time and attendance (including manager and employee self-service), ACA compliance tools, and a mobile app.
ADP SmartCompliance is a tax and regulatory compliance platform for midsize or larger companies using an ERP or non-ADP platform for HR and HRMS services.
Web Pay provides 24/7 access to your online payroll and human resource data. Web Pay offers highly customizable functionality for such things as General Ledger and Accruals, along with self-service capabilities and advanced report writing features. Features include: Online Payroll...
Vista® is a feature-rich, completely integrated human resource, benefits, payroll, recruiting, and self-service software application that aims to enable organizations to minimize the time invested in administrative HCM and payroll activities by streamlining and automating those processes and...
Paychex Flex, of Paychex' Online Payroll Services, is a cloud-based human resource management and payroll platform, scalable to meet the needs of small businesses, SMBs, and large enterprises.
AccountEdge is a small business accounting software for Mac and Windows users. AccountEdge allows business owners to organize, process, and report on their financial information. Its features include accounting, integrated payroll, sales and purchases, contact management, inventory, and time...
Gusto (formerly ZenPayroll) offers payroll, benefits and compliance capabilities.
SurePayroll offers an online payroll service that lets small business owners run payroll anywhere, anytime. The vendor automatically pays and files federal, state and local payroll taxes.