Online Payroll software
Updated: February 22, 2019
2019. Zoho Payroll wants to re-define payroll from chaos to simplicity
Zoho's new cloud service Zoho Payroll is intended to simplify payroll one location at a time. It's already supporting the payroll needs of US businesses in the states of California and Texas, with plans to expand to other states soon. Zoho Payroll helps you to process payroll quickly and pay your employees on time, every time. Distribute accurate gross-to-net pay-slips including a thorough breakdown of earnings, taxes, allowances, and deductions. Enjoy complete flexibility to pick your payroll routine, apply custom one-time or recurring deductions, share password-protected payslips, and pause pay runs for employees on unpaid leaves. Zoho Payroll comes with a comprehensive collection of features priced affordably at ₹50 per employee per month, billed annually for a minimum of 20 employees. Mobile app for employees are available on iOS and Android platforms for free.
2015. Zenefits launched own payroll platform
Cloud-based HR service Zenefits has launched its own payroll system (after paycheck services giant ADP cut the company off earlier this year). Zenefits also partnered with another service - ZenPayroll, but it switched its moniker to Gusto in September and rolled out a bunch of free HR services that looked very similar to Zenefits. The new Zenefits payroll system runs in two modes. One is free, fully automated service integrating automatic payments with any updates and changes to employee deductions for health, retirement, and other benefits. There’s also a pro mode for those who like to tinker a bit on the backend. Zenefits Payroll Pro starts at $25 per month, plus $4 per employee per month on an annual contract. The new system will also integrate with Quickbooks and Xero.
2015. ZenPayroll rebrands as Gusto and takes on Zenefits
Payroll startup ZenPayroll changed its name to Gusto and is moving beyond payroll, into benefits such as health insurance and workers’ compensation. The addition and subsequent rivalry is a punch in the gut to cloud HR benefits company Zenefits – which partners (for now) with the newly named Gusto to offer payroll services to its clients. This partnership proved particularly helpful earlier this year when payroll giant ADP shut off access to Zenefits small business customers. Zenefits turned to then ZenPayroll for the needed payday processing. It's interesting that Zenefits also plans to roll out a payroll service similar to the startup formerly known as ZenPayroll. In a weird twist, these cloud-based startups, once partners in offering each others services are now both planning to offer their own payroll and benefits services in one platform – in other words, Zenefits and Gusto are now competing for business.
2015. Square launched payroll service for small businesses
Mobile payment startup Square has launched Square Payroll, software for businesses to pay and track taxes and other costs for both hourly and salaried employees. The product is priced at $20 per month, with $5 per employee on top of that. In terms of payroll software, Square is positioning itself — at least for now — as a fairly simple product. It includes timecards, taxes, and the ability to track and pay both salaried and hourly workers, and its price is all-in. Square Payroll is entering a pretty crowded market, competing against the likes of Intuit’s Quick Books, ADP, Paychex and others. A few, like Wave Accounting, offer some but not all the same features: Wave, for example, doesn’t handle tax payments or tax filings — they estimated tax liabilities. It is also less expensive. It starts with two base tiers of $10 and $15 plus $4 per each employee.
2015. Payroll giant ADP cut off Zenefits small business clients
Corporate payroll company ADP cut off Zenefits small business clients using the ADP RUN payroll system from sharing data with Zenefits, because Zenefits was, “pulling sensitive information, including unmasked Social Security numbers and employee banking information, in a manner that did not comply with ADP’s standards for data security.” Zenefits called out ADP for being unfair and said that this action came without warning to its clients. Zenefits offers HR services to small and medium businesses and works with several third-party partners to provide things like payroll and insurance. ADP is one of many companies Zenefits integrates with to provide payroll processing for these businesses.
2015. Cloud-based payroll service ZenPayroll scores $60 Million
Cloud-based payroll processing startup ZenPayroll has closed on a $60 million Series B round, led by Google Capital. ZenPayroll mainly serves the small business market that would otherwise need to process payments and direct deposits manually. It offers an easy-to-use, cloud-based interface that allows it to take on industry incumbents Paychex and ADP. While Paychex and ADP have upgraded to the cloud in recent years, allowing them to make it easier for their own customer bases to handle payroll online and through mobile platforms, ZenPayroll’s recent raise allows it to take on larger businesses currently served by Paychex and ADP.
2015. Xero launches cloud payroll service in US
Cloud accounting startup Xero announceding a new product that will extend it further into the back-office by offering up cloud-based payroll and tax software. Xero Payroll was designed to target the more than 5 million small businesses in the U.S. that have fewer than 20 employees. For those employers, many of which outsource it to third-party providers, payroll can end up being a significant expense, between $200 and $500 per month. In addition to the cost of outsourcing, there is also the potential for human error and fines based on incomplete or incorrect information. The product provide SMBs with the same type of cloud-based platform that it’s created for accounting, but make it available to help employees get paid and electronically file state and federal payroll taxes.
2013. Xero Launches New Features and Plans for a Payroll Solution
Xero, the cloud-based accounting solution for small business, has added a collection of new features. They include Xero Touch - a new version of its Apple mobile operating system recently updated for iOS7. It allows users to check bank transactions, invoice, check with an accountant and more directly from a smartphone. Xero Files is a new drag and drop application. It lets you add invoices, transactions, expense receipts, fixed assets, contracts and just about any other kind of files into Xero. You can then attach them to related files and documents making them easy to find, the company says. Xero Purchase Orders now allows you to put together purchase orders for your business in the same way you can already put together invoices on Xero. Pricing starts at $19 per month for small businesses depending on the number of invoices and payments being processed.