Payroll is defined as the process of calculating and issuing payments to employees for services rendered. This includes:
- Determining the employee’s gross pay
- Withholding taxes and other deductions
- Paying net pay to the employee
- Issuing year-end W-2 forms
- Providing employees access to their payroll information online
- Handling any unemployment or workers’ compensation claims
Payroll completion is one of the top priorities for every business. This is critical since payroll is how employees receive their salaries and remuneration for their work. Additionally, it affects the morale and financial stability of the organization.
Processing the payroll can be a complex and time-consuming process, but with the help of a payroll provider, it doesn’t have to be.
What Is a Payroll Provider?
Generally, payroll providers are third-party companies that help businesses manage their employee pay. In most cases, the provider will work with an employer to calculate wages, deductions, and taxes. This will result in a pay stub and other tax documents for the employee
Top Payroll Providers for 2022
There are many different providers on the market, each with its own unique set of features. Here are 14 of the most popular payroll providers for 2022:
Automatic Data Processing Inc. (ADP) is an American provider of human resources management software and services. Founded in 1949, ADP now employs more than 67,000 people and provides payroll services to over 620,000 businesses worldwide.
Ceridian mainly focuses on faster and more accurate payroll processing. The company provides cloud-based human capital management (HCM) software that automates payroll, time and attendance tracking, and benefits administration. Ceridian also offers a wide range of services, including consulting, outsourcing, and training.
No matter how small or big your business is, Paychex has the perfect payroll solution for you. This company has been in business since 1971 and offers online, automated payroll services that are both fast and accurate. In addition to traditional payroll options, Paychex also offers a variety of HR solutions to help businesses manage their employee files, benefits, and more.
4. Intuit QuickBooks Payroll
As one of the online payroll provider leaders, Intuit Quickbooks Payroll offers many features to help your business succeed. After all, time is money!
Intuit Quickbooks Payroll also offers a 100% satisfaction guarantee, so you can be sure that you’re making the best decision for your business.
Gusto offers a comprehensive payroll solution for businesses of all sizes. It automates all the tasks of payroll processing, including tracking time and attendance, calculating wages and deductions, issuing paychecks, and filing tax forms. Gusto also provides employees with self-service tools to manage their pay information and submit time
6. Patriot Software
Named as the “Best Value for Money”, Patriot Software offers a comprehensive time and attendance tracking system that is both easy to use and affordable. The software includes features such as GPS tracking of employees, shift scheduling, and automated payroll processing.
If you want a payroll system that is easy to use, OnPay is a great option. It is perfect for small businesses and has a simple interface. You can run payroll in minutes and it integrates with popular accounting software like QuickBooks, Xero, and FreshBooks.
As per their tagline, Paylocity is more than just a payroll service. The company is a comprehensive HR and payroll platform that automates most of the processes for small to medium businesses. It also offers a wide range of features like time and attendance tracking, employee onboarding, and tax filing.
Namely knows that every employer wants a consistent payroll process. That’s why they offer a cloud-based platform with the latest features and integrations. Namely payroll solutions are designed to help entrepreneurs manage their employee payroll and compliance processes quickly and easily, so they can focus on their business.
Although Deputy mainly focuses on timesheets, it also offers a range of other features to help businesses manage their payroll. These include automatic tax calculations, payslip templates, and employee management tools.
Deputy is also a cloud-based solution, so you can access it from anywhere. Moreover, it can integrate with a range of other software platforms, including accounting software and HR systems.
Zenefits’s mission to their clients is to level up their businesses with innovative HR and payroll software. They provide a modern, cloud-based solution that automates all of the time-consuming tasks related to HR and payroll, allowing business owners to focus on what they do best. Zenefits offers a comprehensive solution that covers everything from onboarding and benefits administration to tax compliance and payroll processing.
Founded in 2000, SurePayroll is a leading provider of payroll services for small businesses in the United States. The company offers a full range of services, including online payroll processing, tax filing, and workers’ compensation insurance.
SurePayroll is beloved by small business owners for its user-friendly interface and low prices. In addition to its affordable rates, the company offers a variety of discounts for new customers and military veterans.
If you want digital software that can manage time tracking, employee payroll, and HR all in one place, Paycom is your best option. This software is designed to make your life as an employer easier by automating as many tasks as possible.
One of the best features of Paycom is that it offers a completely customizable platform. You can choose which features you want to use and tailor the software to fit your specific needs. Additionally, Paycom offers a wide range of integrations with other software programs, making it easy to get all of your payroll data in one place.
Payscale is one of the most popular providers of timesheets and payroll software. Their products are used by millions of people in over 190 countries, including timesheets, payroll processing, HR management, and more. They also offer a wide range of features, making them a versatile option for businesses of all sizes.
To summarize, having a payroll provider in 2022 can be a great way to help your business run smoothly. By using one of the 14 providers we’ve outlined in this article, you can ensure that you are getting the best possible service for your needs.