Best Payroll Software for Small Businesses
Are you a small business that is looking for an easier way to process your payroll? Or are you looking to change your payroll software program to make this once timely part of your business easier? If you answered yes to any of the above questions, then you are in the right place. Keep reading.
Let’s define what a small business is considered to be in Canada, before we get into the best payroll software. The Treasury Board of Canada Secretariat defines a small business that has fewer than 100 employees or between $30,000 and $5 million in annual gross revenues as a small business.
There are on average around 95,000 new businesses opened in Canada each year. With 98.9% of businesses being small to medium sized. And around 260 new companies are founded in Canada each day.
For each and every business, if and when they acquire employees a payroll software will be required.
The listed payroll systems below are the ones to look into, and are said to be the most popular systems that are being used to date in Canada:
• Payworks – This payroll software program has HR and payroll functions to help you get your payroll out on time every time. The added bonus for this system is their user-friendly platform and customer service.
• WagePoint – Their small business payroll software makes it easy to pay your employees and stay on top of your payroll taxes. This software company is also good if you have sub-contractors on your payroll.
• QuickBooks – If you use QBO for your business or your bookkeeper does then QBO payroll services is quick and easy to integrate.
All the above payroll software companies have their own individual qualities that will help any business owner or bookkeeper with payroll. Research a few of them. Pick up the phone and call the companies and see which one you feel will work for your business. You also have to feel comfortable with whichever payroll company you choose. So, keep that in mind while doing your research.
I hope my blog has been of help and that you have a clearer guide as to which payroll software company to look into. If you have any questions or want to outsource your payroll, please contact me at https://rcpenner.com/bookkeeping
Thank you for taking the time to read my article.
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Sincerely
Rebecca C Penner CPA, CGA
