Payroll Services

Paychex
Paychex

Paychex is one of the oldest payroll providers in the U.S., launching in 1971 as a provider of payroll services to small and mid-sized businesses.

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What sets it apart

  • Focus on services firms
  • Time-tracking and invoicing
  • Basic expense-tracking

Pricing

Paychex has a free trial offer for one month of payroll processing

  • $60/month for payroll only

    This includes their full feature set: payroll tax filings, employee self-setup, W2 and 1099 support, vacation and sick time compliance, unlimited and automatic payrolls, new hire reporting, direct deposit and digital pay stubs, integration with popular calendar and accounting software, customer support by email and phone and more.

Overview

Paychex is one of the oldest payroll providers in the U.S., launching in 1971 as a provider of payroll services to small and mid-sized businesses. Today they serve over 500,000 businesses and also offer accounting and financing support, HR and benefits administration, tax support and a cloud-based platform (Paychex Flex).

While Paychex Flex is one of the more expensive options for just payroll services, it’s also one of the most scalable and customizable for small businesses with multiple employees and an eye on growth. For business owners looking for a more full-service option, Paychex Flex also integrates with other Paychex services (Taxpay, Accounting & Financing and HR & Benefits Administration) and includes 24/7 live customer support and a dedicated payroll specialist. It does not, however, integrate with third- party accounting platforms or issue free W2/1099 statements (important if you employ contractors).

Offerings

  • Access your account from anywhere with a mobile app for both iOS and Android
  • 24/7 customer support: Live phone support and a dedicated payroll specialist
  • Payroll taxes: Taxpay, their payroll tax service, calculates and deposits payroll taxes as well as files tax returns
  • Accounting & financing: Services including credit/debit card processing, online payment and expense management (no third- party integration)
  • Benefits administration: An HR service handling 401(k)s, benefits, employee background checks, unemployment insurance, compliance programs and more
  • Advanced payroll services, including direct deposit, physical checks, and detailed payroll analytics and reporting
  • A scalable, customizable platform that gives small businesses the chance to easily increase their level of support as they add employees