Top 6 Payroll software for businesses for 2024

In this article, we will explore the top 6 payroll software for businesses that can help you achieve your goals.

With the right payroll software, companies can streamline their payroll processes, ensure compliance, and save valuable time. In this article, we will explore the top 6 payroll software for businesses that can help you achieve your goals.

As a provider of comprehensive international HR support and compliance services, Beyond Borders HR recognizes the significance of selecting the right tools to optimize your payroll operations.

Partnering with these top 6 payroll software providers allows us to offer you the best solutions tailored to your business needs.

Whether you’re a small business or a large enterprise, these software options are designed to meet your needs and keep your payroll running smoothly.

ADP Payroll

ADP Payroll is a leading provider of payroll services, human capital management (HCM), and human resource services with a global client base of over 920,000.

Originally catering to small businesses, ADP has evolved into a cloud-based HCM software solution. In addition to payroll, ADP offers benefits administration and new hire onboarding services.

ADP’s scalability makes it suitable for businesses of all sizes, from small companies to large enterprises with thousands of employees.

With custom-built plans, businesses can leverage ADP’s tools to support their growth. Thanks to its comprehensive features and functionalities, ADP Payroll is widely regarded as one of the top payroll processing solutions available.

Key Features

Automated Online Payroll Processing: Streamlines payroll operations with automation.

Seamless Integration: Integrates effortlessly with HR and time-tracking systems.

Self-Service Application: Provides remote employees with a user-friendly self-service tool.

Cross-Platform Support: Compatible with web-based devices and platforms, including iOS and Android.

Comprehensive Reporting: Offers access to detailed garnishment, tax, and payroll reports

CloudPay

CloudPay offers comprehensive global payroll solutions, covering payroll, payments, and on-demand pay.

Their platform unifies all global teams and processes for an organization, providing payroll, finance, and HR teams with complete visibility and control.

With many vendors offering payroll software and services, CloudPay stands out with the help of their unified global ecosystem and standardized platform interface which facilitates the seamless integration of payroll, salary payments, and pay on-demand benefits, all supported by excellent customer service.

Key Features

Efficiency Through Automation: Streamline operations and reduce manual tasks.

Simplified Contract Management: Eliminate the need for multiple contracts

Global Compliance Support: Ensure compliance with international regulations.

Seamless HCM Integration: Integrate effortlessly with your Human Capital Management systems.

Analytics and Insights: Utilize data to drive informed decisions.

Access to In-Country Experts: Benefit from local expertise in each country you operate in.

Onpay

OnPay is a highly regarded payroll software service known for its simplicity and robust feature set. It is particularly well-suited for small and medium-sized businesses due to its scalable solutions.

OnPay streamlines tax filing, payment, and payroll operations. It simplifies payroll data entry, including hours worked, bonuses, tips, reimbursements, benefits, and workers’ compensation insurance.

The software supports unlimited monthly payroll runs for both W-2 employees and 1099 contractors, with payment options via check or direct deposit based on user preference.

Key Features

Automated Payroll Processes: OnPay automates payroll, tax filing, and payments. It allows scheduling unlimited pay runs, customizing them as needed, and making changes or cancellations as required.

Employee Self-Service: Employees can self-onboard, update personal information, and access tax forms and pay stubs through the employee management feature.

Flexible Payment Options: Users can make payments via checks, direct deposits, or debit cards. It accommodates different types of personnel, including contractors, salaried employees, and hourly workers.

Gusto Payroll

Gusto is a comprehensive payroll, HR, and benefits platform trusted by over 100,000 small businesses in the U.S. Offering global employee benefits solutions, Gusto stands out as a top choice for payroll software.

Fully cloud-based, it integrates seamlessly with platforms like Xero and QuickBooks, enhancing its accessibility and convenience for businesses.

Gusto’s flexibility and integration capabilities make it a leading payroll software option for businesses seeking a reliable and efficient solution.

Key Features

Error-Proof Payroll Administration: Gusto’s advanced technology ensures accurate payroll calculations, reducing and eliminating human errors.

Efficient Information Management: Simplifies handling essential employee data, including contact details, PTO balances, I-9s, W-2s, and other vital documents.

Benefits Administration Tool: Manages budgets, compensation insurance, employment tax reporting, payments, and hire and leave reports.

PTO Tracking: Allows easy tracking of paid time off for employees.

Rippling

Rippling is a versatile employee management and payroll application designed to meet diverse business needs. It offers comprehensive HR, payment, and IT solutions, making it a popular choice for companies seeking an all-in-one platform.

Setting up payroll with Rippling is straightforward and can be completed in just 90 seconds, providing an efficient and dynamic employee management system.

Key Features

Seamless Integration: Easily integrates with third-party apps like Zoom, Office, and Slack.

Streamlined HR and Payments Management: Simplifies HR processes and payment solutions.

Custom Modules: Provides access to tailored modules through a centralized interface.

Cost-Effective: Features an economical pricing structure.

PayChex

Paychex is a longstanding provider of HR, payroll, and benefits outsourcing services tailored for small and medium-sized businesses. Its remote payroll platform streamlines payroll processes while integrating employee data with HR and benefits for improved administration.

With the free Paychex Flex mobile app, companies can easily access critical payroll information, including upcoming check dates and amounts, and process payroll from anywhere.

For nearly 50 years, Paychex has served businesses in the U.S. and Europe with reliable remote payroll services.

This cloud-based payroll software is known for its user-friendly interface and features like automated tax calculations and filings. Paychex is widely regarded as one of the top payroll services for small businesses.

Key Features

User-Friendly Interface: Offers an intuitive program with a simple UI.

Quick Payroll Processing: Allows users to complete payroll in just two clicks.

Automated Tax Handling: Calculates, submits, and pays payroll taxes automatically.

Mobile Access: Provides a free mobile application for easy access.

Employee Benefits: Includes options for health insurance and pension programs.

24/7 Support: Offers round-the-clock assistance to users.

Conclusion

For companies with remote teams, utilizing payroll services is essential for managing and automating employee payments and records. We’ve highlighted the top 6 payroll software services and their key features. While no single provider can meet every need, it’s important to assess which service aligns best with your specific requirements before making a decision.

About Beyond Borders HR

When you partner with us, we take the time to understand your business, its goals, and challenges. This allows us to provide practical and effective guidance.

We then tailor HR solutions for your organisation, offering strategic guidance on mergers and acquisitions, employment contracts, HR policies, HR administration and outsourcing and change management. Our expertise also extends to employee benefits, ensuring that you can attract and retain top talent in the global market.

We also provide guidance on employee relations, global workforce reduction advisory, global mobility and immigration, as well as HR compliance and risk management.

At Beyond Borders HR, we pride ourselves on being trusted advisors to our clients. Our commitment to excellence and client satisfaction has earned us a strong reputation in the industry. We prioritize building long-term partnerships with our clients, acting as an extension of their team.

Top 6 Payroll software for businesses for 2024