Our Top Picks for Payroll Apps
Read our full payroll methodology and see how we test and review products.
What Is a Payroll App and How Does It Work?
A payroll app is software that companies use to pay employee wages and file payroll taxes. Most of these apps also include employee self-service for viewing pay stubs, W-2s and other information. Some payroll apps and plans may include more advanced features, such as time tracking, PTO management and benefits administration.
Companies of all sizes — as well as household employers — can use a payroll app to ensure on-time and accurate employee payments while meeting tax compliance. Many payroll apps include automation for initiating the correct payments to employees and filings to tax agencies, helping HR teams spend less hands-on time managing these critical processes.
Benefits of Payroll Apps
Using a payroll app can provide employers with a number of benefits, including:
- Less time spent overseeing payroll
- Lower risk of paycheck errors with automated calculations for wages and deductions
- Enhanced compliance with automatic payroll tax calculations and filings
- More convenience for employees with self-service functions
- Real-time reporting and analytics of payroll data
Downsides of Payroll Apps
Though not as numerous as the advantages, using a payroll app may come with some downsides, such as:
- Time-consuming implementation process
- Additional expense for subscription
Features To Consider When Choosing a Payroll App
To get a feel for what HR professionals are looking…
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