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Top 7 Payroll Software for Accountants in 2024: A Detailed Review

Sep 03, 2024 By Susan Kelly

For accountants, payroll software usually simplifies work, making it easier. Staffing payroll software can calculate and distribute wages, pay taxes appropriately, and reduce errors, saving time and effort. However, there are so many options that it might take a lot of work to choose the best salary software for budgeting. Based on years of using, trying, and rating many accounting tools, these are our top picks for the best salary software for accounting.

Choosing A Payroll Software for Accountants

Compliance Management

It is very important to make sure that the billing payroll software follows all the latest tax laws and rules. The rules about work and taxes are always changing, which makes it hard for accountants to do their jobs. Accountants can usually escape the hard work of constantly checking to see if they're following the rules by setting up a next-day payroll system that updates itself to keep up with these changes. This also lowers the risk of getting fined for not following the rules.

Integration Capabilities

One important thing to consider is how well the software can work with other HR programs and current financial systems. Payroll software should easily share data with the many financial tools that accountants use. This connection can also help cut down on mistakes and speed up data entry, which is especially useful for checks and financial reports.

Scalability

As a business grows, its billing payroll needs become more challenging. Staffing payroll software should be able to grow with the business. If an accountant works with companies of all kinds or with clients who want to expand, they need tools that can handle more employees without lowering quality.

User Experience

Payroll software is usually very easy to use with little help. However, for accountants, learning how to use complicated software may take a long time for them to get the hang of it, but eventually, when they do, everything streamlines. After this, mistakes are more likely to be reduced. Moreover, a next-day payroll system with an easy-to-use layout and clear directions can help accountants do their jobs more accurately and efficiently.

Reporting

Accountants who need to change billing payroll processes and reports to meet specific client needs or industry standards must be able to do so. When accountants use salary software that lets them make individual reports, they can give their clients more useful information. This helps a lot with planning finances and making smart decisions.

Top 7 Payroll Software for Accountants

UKG Pro

UKG Pro is a human resources management system hosted in the cloud. It could make it easier to calculate pay and bonuses, handle salary and benefits, and help with HR. The reporting system provides several results at once, so you seldom have to create your own.

UKG Pro allows you to generate compensation models and suggests federal, state, and local taxes depending on where an employee works, making tax filing easier. This lets you pay US and Canadian workers with a few clicks. You may receive one-on-one guidance, view videos, or attend a workshop for program instruction.

Factorial

Accounts can always choose Factorial, a cloud-based HR management product. This application tracks time off, expenditures, and hours worked, in addition to compensation. Overall, it provides a simple solution for all HR requirements.

The billing payroll part of Factorial instantly updates salary information if there are changes or deviations. Keeping all payment information in one place makes it easy to access. With Factorial, accountants can store data safely in the cloud, create custom reports, digitally sign documents, and talk to management about wages.

Paylocity

Pailocity is an all-in-one HR software tool that can handle salary, perks, and managing employees. It takes little time to learn how to use the method. Using this program, accountants may be able to save time by organizing their work, making sure they are following tax rules, and making payments easier. Workers can get some of their pay without messing up your payroll process, but you can have approved spending put directly into the next day payroll system.

BambooHR

Small and medium-sized company accountants may use BambooHR payment software to manage HR data. The cloud-based solution handles billing payroll and leave. Reporting is simple, too, as it may assist with taxes, benefits, and wage garnishment. BambooHR offers over 100 payroll reports, so you can always deliver the data you need without starting from zero.

Rippling

Rippling is another easy-to-use HR software for SMBs. This accountant staffing payroll software centralizes employee data and procedures for easy administration. For instance, the payment system will add new workers and calculate their salary without your input.

Moreover, you may already use other applications that work with this one, and adding it to your company is easy and manageable. Rippling promptly syncs information of paid work leaves, monthly total work hours, and overtime in paychecks.

Namely

Namely, it is a cloud-based payroll software for medium-sized company accountants to manage all HR requirements. The software manages benefits and paychecks well. It updates benefit payments and manages local, federal, and state taxes. Specifically, it can help you achieve compensation criteria by providing the newest guidelines and will notify you of legal changes so you don't have to.

Workday

Workday is an online payment service for accountants that handle people management, recruiting, workforce planning, and more. It provides payment solutions and global linkages to US, Canadian, UK, and French enterprises. Since payroll now syncs with HR changes, data reconciliation is no longer needed. A simple interface that refreshes itself with cloud-based rules and policies makes compliance easy.

Bottom Line

Staffing payroll software may help accountants speed up paying employees and filing taxes by offering more HR features with higher-level contracts. According to our research, the seven providers in this review offer the best billing payroll services for accountants because they are easy to use, have automated features, and are easy to get help with. So, if you want to streamline your payroll duties, you should definitely opt for payroll software.

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