In the beginning stages of a business, QuickBooks is enough to get all of your administrative tasks done. However, as a business grows, so does the amount of employees it takes to make that business profitable. Therefore, you’ll have to upgrade from QuickBooks and use a quality payroll software. This will ensure your employees are paid on-time and accurately, which will keep them motivated to perform and stay with the company for the long-term. Below are three of the best programs available so that your payroll is taken care of.
Namely has been making quite a bit of noise in the Human Resources Technology space for the past few months. While their software provides a quality payroll option, you’ll also be able to complete virtually any HR function through the program, making it a strong option.
Namely recommends using their program for companies of 2,500 employees or smaller, which is perfect for growing businesses. With Namely comes world-class support that will come in handy as you get used to using the new software. Support comes in the form of a live representative who is available 24/7 Even better, if you’re not sure you’re ready for the investment, namely offers a free demo so that you could see if this program will meet your specific needs.
BambooHR claims to transform payroll from a laborious process to a simple, rewarding, and engaging experience for everyone. Included in their payroll portal is easy-to-read pay stubs, colorful graphs and simple language for tax information, an organized list of all tax deductions, and the amount of money the employee will be taking home. If an employee needs to change their direct-deposit or tax information, they can do so themselves right in BambooHR, from an app on their mobile device. All of these features make BambooHR an easy and enjoyable program to use for those who need new payroll software. If you’re interested in learning more about BambooHR, click here.
While Namely and BambooHR are well-known names when it comes to payroll and Human Resources programs, Xero is a bit lesser known. However, don’t let the face that you haven’t heard of them keep you away, as they are a fantastic option for getting payroll done.
Xero offers software that can be used for payroll and accounting. They boast that you can organize all of the information needed for these functions in one easy-to-read place. Not only does Xero manage your tasks, but there are automatic updating options for your accounts as well. In the program, you can track working hours and approve leave or vacation requests with the click of a button. Employees also have controlled access, allowing you to choose what they are able to see in Xero to keep them updated and informed. And they’ll be sure to take advantage of this, as Xero offers a mobile app that makes it easy for employees to access.
One of the most powerful features Xero offers is the elimination of manual tax calculations. By using Xero, tax calculations are completed for you and tax rates are updated automatically. This eliminates the confusion, complexity, and difficulty of calculating taxes or making sure deductions are up to date.
The list goes on and on when it comes to great features that Xero has to offer. If you’d like to learn more, just click here.
As the power of technology and regularity of innovation rapidly increase, platforms for payroll and Human Resources improve as well. This can be seen in the list above, as namely, BambooHR, and Xero are all relatively new companies offering payroll solutions that were a dream just years ago. If your company is ready to improve their payroll program, or maybe all of their Human Resources software altogether, these are three options that are worth investigating.