Factors to Consider When Choosing Payroll Software
Choosing a new software programme for your business can be an intimidating task. However, once you start paying attention to the key factors, deciding which accountancy payroll software to use becomes much more straight forward. Read on to find out what to look out for.
Cloud-based or Desktop?
Payroll software for bureaus comes in two main versions and your choice depends on the type of business you run as well as your personal taste.
Online versions are also referred to as cloud-based software. The main advantage of this type of payroll software for accountants is that it can be accessed at any time and from any location as long as you are connected to the internet. It also allows you to stay logged in on more than one device and, since it is in the cloud, your data is always safe even if the computer crashes. However, the price of online software is generally subscription-based, either on a monthly or a pay per use basis.
On the other hand, desktop software needs to be downloaded onto a computer. The biggest benefits of this are that there is no need for an internet connection to use it and the fee is one upfront payment meaning you don’t have to reach into your treasury every month.
How Much Does it Cost?
If your business is just starting out, cost is likely going to be a major deciding factor. Always look out for hidden costs that you may have overlooked while initially browsing. Read the fine print and make sure you know exactly what features come with the package. The cost usually increases with the number of features so opt for the features that are actually necessary.
What are the Most Important Features?
The exact software differs from company to company but there are certain features you should take into consideration.
How do you pay your staff? The software should be able to handle all of the different payment types you use. When do you pay your staff? You need to make sure that the software allows you to make payments whenever you need, whether that be on a weekly or monthly basis or otherwise. If taxes are applicable, then it’s important that the software can do such calculations and file taxes, unless you want to be doing complex maths on your own!
How Easy is it to Use?
Choosing software that has a steep learning curve can make its implementation a difficult and time-consuming task. It makes more sense to opt for a system that is easy to understand so you can get it up and running in no time. Most software packages such as Primo Payroll offer free trials that allow you to test the programme and make sure its right for you.
About Primo Payroll
With a simplified and hassle-free approach to payroll software, it’s hardly a surprise that Primo Payroll is the go-to option for thousands of bureaus and accountants. Couple that with 24/7 support and you are covered in every aspect. Visit the Primo Payroll page here to learn more about our products and services or arrange a free trial today.
