Payroll is obviously important for you and your employees and managing this is something that most SMEs will outsource to an accountancy firm but there are also payroll software options available and we have pulled together the best of these to help you review.
We only list the best providers on our resourcing pages to help you understand the options and find the best one for your business.
HMRC Basic PAYE Tools
HMRC has developed its own payroll software and the suite is a good option if you’re on an extremely tight budget and only require the basics. If you have just taken on your first employee(s) then it is a good software to consider initially.
Payfit is an easy to use payroll software solution that is used by 1,000s of SMEs. They offer different packages based on your size and can even help with faster employee pay solutions and automatic payslips
MHR pays 2.2 million workers and can manage all aspects of your payroll in one easy to use place. It is accessible anytime, anywhere with cloud technology and is fully customisable with a range of HR modules.
Sage is one of the biggest players. It’s allows you to complete payslips and manage pension deductions, and claims to require no training to use. For businesses with up to five employees, it’s available for as little as £6 per month.
Kashflow is an online payroll software that keep salaries simplified. It is a streamlined and comprehensive approach to payroll software and allows you to manage everything from employee payslips to workplace pensions in a couple of clicks.
FreeAgent is an independent bookkeeping and accounting solution that comes with a payroll add-on. It is a cloud-based offering that also includes a mobile app. To use their payroll software you have to move your accounting to their system.
BrightPay is a large payroll software provider. They offer a simple but very user-friendly interface that is similar to using software like Excel. The price is the same regardless of the number of employees you have.
Xero is a popular cloud-based accounting solution. They offer a payroll plug-in if you choose them as your accounting software provider that start from £10 per month, plus an extra £5 per month for payroll for up to five employees.