Payroll management is a critical function for any organization. It involves calculating and disbursing salaries and other benefits to employees in a timely and accurate manner. Managing payroll manually can be a time-consuming and error-prone process, which is why many businesses are turning to best payroll management software to streamline the process.

There are many best payroll management software solutions available in the market, each with its own set of features and benefits. In this article, we will be discussing the 10 best payroll management software solutions available.

10 Best Payroll Management Software:

1. Gusto

Gusto is a cloud-based payroll and HR management software solution that provides a range of features for small to medium-sized businesses. Founded in 2011, Gusto was formerly known as ZenPayroll and is based in San Francisco, California.

One of Gusto’s key features is its automated payroll processing, which allows businesses to pay employees via direct deposit or physical checks. Gusto also automatically calculates and files payroll taxes on behalf of the business, reducing the risk of errors and compliance issues.

In addition to payroll processing, Gusto offers a range of HR management features, including employee onboarding, benefits administration, and time-off tracking. Employees can also access their payroll and benefits information through Gusto’s self-service portal.

Gusto’s pricing is based on a per-employee, per-month basis, with different pricing tiers depending on the features needed by the business. Gusto also offers a free trial to new customers.

2. ADP

ADP, or Automatic Data Processing, is a global provider of cloud-based payroll and HR management software solutions for businesses of all sizes. Founded in 1949 and based in New Jersey, ADP serves over 860,000 clients worldwide.

ADP’s payroll management software solution offers a range of features, including automated payroll processing, tax compliance, and time and attendance tracking. Businesses can also customize their payroll processing to meet their specific needs and requirements.

In addition to payroll management, ADP offers HR management features, such as benefits administration, onboarding, and performance management. The company’s HR management software is designed to help businesses streamline their HR processes and improve employee engagement and retention.

ADP offers a range of pricing plans depending on the features and services needed by the business. Businesses can choose from basic payroll processing to more comprehensive HR management solutions. ADP also offers a range of support services, including online support, phone support, and live chat.

3. Paychex

Paychex is a cloud-based payroll and HR management software solution that offers a range of features for businesses of all sizes. Founded in 1971 and based in New York, Paychex serves over 680,000 clients across the US.

Paychex’s payroll management software offers a range of features, including payroll processing, tax compliance, and time and attendance tracking. Businesses can also customize their payroll processing to meet their specific needs and requirements.

In addition to payroll management, Paychex offers HR management features, such as benefits administration, onboarding, and performance management. The company’s HR management software is designed to help businesses streamline their HR processes and improve employee engagement and retention.

Paychex offers a range of pricing plans depending on the features and services needed by the business. Businesses can choose from basic payroll processing to more comprehensive HR management solutions. Paychex also offers a range of support services, including online support, phone support, and live chat.

4. QuickBooks Payroll

QuickBooks Payroll is a cloud-based payroll management software solution that is part of the QuickBooks accounting software suite. QuickBooks is owned by Intuit, a California-based software company that provides financial, accounting, and tax preparation software solutions for businesses and individuals.

QuickBooks Payroll offers a range of features, including automated payroll processing, tax compliance, and time and attendance tracking. The software also provides detailed reports on payroll expenses and tax filings, which can help businesses stay on top of their financial obligations.

In addition to payroll management, QuickBooks Payroll offers HR management features, such as benefits administration, onboarding, and performance management. The software also integrates with other QuickBooks applications, such as QuickBooks Online, to provide a more comprehensive financial management solution for businesses.

QuickBooks Payroll offers different pricing plans depending on the features and services needed by the business. The plans range from basic payroll processing to more comprehensive HR management solutions. QuickBooks Payroll also offers a range of support services, including online support, phone support, and live chat.

5. Zenefits

Zenefits is a cloud-based HR and payroll management software solution designed for small to medium-sized businesses. Founded in 2013 and based in San Francisco, Zenefits has since become a popular software solution for businesses across the US.

Zenefits offers a range of HR management features, including employee onboarding, benefits administration, and time-off tracking. The software also offers a range of compliance features, such as ACA compliance and HIPAA compliance.

In addition to HR management, Zenefits also offers payroll management features, such as payroll processing, tax compliance, and time and attendance tracking. The software also offers a range of integrations with other software solutions, such as QuickBooks and Xero, to provide a more comprehensive financial management solution for businesses.

Zenefits offers different pricing plans depending on the features and services needed by the business. The plans range from basic HR and payroll management to more comprehensive solutions that include additional features such as performance management and applicant tracking.

6. Rippling

Rippling is a cloud-based HR and payroll management software solution designed for small to medium-sized businesses. Founded in 2016 and based in San Francisco, Rippling has quickly become a popular software solution for businesses across the US.

Rippling offers a range of HR management features, including employee onboarding, benefits administration, and time-off tracking. The software also offers a range of compliance features, such as ACA compliance and HIPAA compliance.

In addition to HR management, Rippling also offers payroll management features, such as payroll processing, tax compliance, and time and attendance tracking. The software also offers a range of integrations with other software solutions, such as QuickBooks and Xero, to provide a more comprehensive financial management solution for businesses.

Rippling’s unique selling point is its ability to automate the entire employee management process, from onboarding to offboarding. This automation can save businesses significant time and effort, while also reducing errors and improving compliance.

Rippling offers different pricing plans depending on the features and services needed by the business. The plans range from basic HR and payroll management to more comprehensive solutions that include additional features such as performance management and applicant tracking.

7. Namely

Namely is a cloud-based HR and payroll management software solution designed for small to medium-sized businesses. Founded in 2012 and based in New York, Namely has become a popular software solution for businesses across the US.

Namely offers a range of HR management features, including employee onboarding, benefits administration, and performance management. The software also offers a range of compliance features, such as ACA compliance and HIPAA compliance.

In addition to HR management, Namely also offers payroll management features, such as payroll processing, tax compliance, and time and attendance tracking. The software also offers a range of integrations with other software solutions, such as QuickBooks and Xero, to provide a more comprehensive financial management solution for businesses.

Namely’s unique selling point is its focus on creating a personalized HR experience for each employee. The software allows employees to access their personal information, benefits, and performance reviews from one central location, making it easier for them to manage their own HR needs.

Namely offers different pricing plans depending on the features and services needed by the business. The plans range from basic HR and payroll management to more comprehensive solutions that include additional features such as talent management and analytics.

8. BambooHR

BambooHR is a cloud-based HR management software solution designed for small to medium-sized businesses. Founded in 2008 and based in Utah, BambooHR has become a popular software solution for businesses across the US.

BambooHR offers a range of HR management features, including applicant tracking, employee onboarding, benefits administration, and time-off tracking. The software also offers a range of compliance features, such as ACA compliance and HIPAA compliance.

While BambooHR does not offer payroll processing services directly, it integrates with a range of payroll providers, such as QuickBooks, Gusto, and ADP, to provide a more comprehensive HR and financial management solution for businesses.

BambooHR’s unique selling point is its user-friendly interface and intuitive design, making it easy for businesses to manage their HR needs without the need for extensive training or technical expertise.

BambooHR offers different pricing plans depending on the features and services needed by the business. The plans range from basic HR management to more comprehensive solutions that include additional features such as performance management and time and attendance tracking.

9. Justworks

Justworks is a cloud-based HR and payroll management software solution designed for small to medium-sized businesses. Founded in 2012 and based in New York, Justworks has become a popular software solution for businesses across the US.

Justworks offers a range of HR management features, including employee onboarding, benefits administration, and time-off tracking. The software also offers a range of compliance features, such as ACA compliance and HIPAA compliance.

In addition to HR management, Justworks also offers payroll management features, such as payroll processing, tax compliance, and time and attendance tracking. The software also offers a range of integrations with other software solutions, such as QuickBooks and Xero, to provide a more comprehensive financial management solution for businesses.

Justworks’ unique selling point is its focus on providing businesses with access to enterprise-level benefits and services, such as health insurance, retirement plans, and workers’ compensation insurance, at affordable rates typically only available to larger businesses.

Justworks offers different pricing plans depending on the features and services needed by the business. The plans range from basic HR and payroll management to more comprehensive solutions that include additional benefits and services.

10.Wave Payroll

Wave Payroll is a cloud-based payroll management software solution designed for small businesses. Founded in 2009 and based in Canada, Wave Payroll has become a popular software solution for businesses in Canada and the US.

Wave Payroll offers a range of payroll management features, including payroll processing, tax compliance, and direct deposit. The software also offers a range of integrations with other software solutions, such as QuickBooks and Xero, to provide a more comprehensive financial management solution for businesses.

Wave Payroll’s unique selling point is its affordability, as the software is completely free to use. However, some features, such as direct deposit and tax filing, require additional fees.

Wave Payroll offers different pricing plans depending on the features and services needed by the business. The plans range from free basic payroll management to more comprehensive solutions that include additional features such as time and attendance tracking and HR management.

Conclusion

Choosing the best payroll management software solution can be a challenging task. However, by considering the features and benefits of each software solution, businesses can select the one that best meets their needs. The 10 software solutions discussed in this article are some of the best payroll management software solutions available in the market today.