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Payroll software automates every step in the payroll process for small to large businesses. It helps you manage payments for your employees by making it easy to set up direct deposits, withhold payroll taxes, and keep accurate records, so you don’t get fined. These processes can be time-consuming when done manually, and it’s easy to make a mistake. In 2020, the IRS assessed more than $4.9 billion in penalties for issues such as failure to pay and bad checks.
To help you choose the right payroll software for your business, we considered 15 different payroll service providers. For each, we evaluated cost, ease of use, important integrations, convenience, reporting features, and support.
