The 5 Leading Online Payroll Tools

A disorganized payroll system can be the cause of serious problems for you and your business’s accountant. This is because without a systematic model, data will not be captured and transferred correctly. Compliance with the statutory regulations and the taxman becomes tougher and you may find yourselves in court. To avoid this, software and app developers as well as financial analysts have come up with the following tools to simplify your data organization and compliance:

Snap

This is a payroll solution rolled out by Intuit. It’s important in paycheck calculations and saves time. The time-saving aspect comes in through the configured settings that lets you enter hours worked by employees and the standard payment rates. The application then calculates the payments and the deductibles for tax and insurance. All you need to do is input employee information and your state.

ZenPayroll

This is a cloud-based payroll solution that takes off employee payments burden and administrative burdens off your shoulders. It has integrated systems for calculation of wages, payments and automated tax filing. This will save you time and unnecessary manpower.

It is also able to integrate with other business apps like QuickBooks or Xero, making data convergence easy.

E-File Software

This is a great software application for all businesses that allows data to be filled into filer forms that are then transmitted electronically to the government. You can send your company’s tax information directly to the IRS (Using FIRE) or to the SSA, ensuring compliance; E-File Direct.

You can also use the E-File Services approach that lets you file tax returns to the government through a third-party vendor responsible for filing your taxes to the government and mailing employees. This E-File 1099 software ETC saves time and money that would otherwise be spent on printing forms.

RUN

This is a great payroll toll that is powered by ADP Mobile Payroll. It is a mobile tax and payroll management system that runs online.

As long as you have internet connection, you can do your entire payroll from wherever. This makes payments quick. Administrative deductions will be calculated easily at predefined rates including federal or state and local taxes.

Sure Payroll

A comprehensive payroll shouldn’t be complicated to use, wasting time unnecessarily. You can have a simple system for payroll management that runs online and has features to ensure proper or accurate payments are made and taxes are remitted easily. Sure Payroll gives these and it will file and pay the IRS or SSA automatically after filling and posting 1099 and W-2 forms at the end of the year. You get to preview and verify the data before it is sent to the government.

In conclusion, these are just some of the available payroll software and app solutions. However, you should be keen before settling on a software solution for your payroll. Consider if essential services like taxation, report filing, retirement benefits administration, systems integration, benefits administration new hires and running the payroll will be carried out efficiently by the software. Once you have established a system that will effectively carry out all these, then you can go for it.

Author Bio

Mary Atkinson is a long serving and widely experienced payroll manager that has seen all the diverse changes the department has gone through. Her advice is invaluable for payroll software developers, especially for E-File 1099 software ETC which she recommends because of their efficiency. Learn more on payroll systems by checking out her Slide Shares in LinkedIn.