Across the board, the average salary in the UK is rising. It becomes crucial for many businesses to have a payroll software supplier in order to handle employee payroll with ease. Employee pay management is crucial, particularly when large sums of money are involved. Many small businesses avoid this thing, but this is a must if they want to be in a bigger place. They can use the time they would have saved by doing this for other crucial things.
If any person handles the payroll work, it becomes hectic, and they have to fill in all the little things, which is a time waste sometimes. Payroll software can be automated, allowing small firms to ignore this portion of the program and concentrate on other tasks. The main purpose of the content is to tell about the best payroll software companies that small businesses can choose for them in the UK.
Table of Contents
8 Best Payroll Software Companies for Small Businesses
1. Iris:
It is a private software company with headquarters in the UK that has been serving various industries for more than 40 years. It’s best for small type of businesses with the complex structure of payroll. The business offers long-term solutions well. When looking for a dependable payroll software provider, the UK favors IRIS over any other software providers.
key features and functionalities:
- It offers several industries sector-specific programs.
- For quicker payments, IRIS is able to conduct BACS payments.
- Staff always present their pension documents and payslips.
- Assign the specialized account to manage all initial payroll staff tasks.
- It’s agreeable with programmed enlistment and the RTI regulation.
- The unlimited calls and the online support availability.
- Facilitate the development of a clear payroll knowledge among staff members.
Pricing plans: The price is not disclosed. They believe in creating a whole new package according to the needs of the customer.
Ratings: The customers who used the IRIS left positive evaluations. This payroll software provider has an approximate 4-star rating overall.
2. Sage Business Cloud Payroll :
The company has been a market leader for a long time. It’s perfect for microbusinesses. Businesses can handle P60s and other paperwork with ease thanks to the software’s built-in HR functions. The three-month trial period is included, and the beginning plans are reasonably priced.
key features and functionalities:
- Additional employees can be added to the payroll list by just adding £2 to the monthly prices (It also depends on your chosen package.
- Payroll tracking automatically.
- Handle all the pension enrollment without much effort.
- It is easy to share all the data with the accountant.
- Basic and premium plans are both present.
Pricing plans: The plan is £10 for 5 employees per month. £7 is for the basic one and £30 for the premium one.
Ratings: Many small businesses are already using the software, but its rating is still not officially visible on the internet.
3. Advanced Business Payroll :
The organization provides different forms of payroll services like management, and in-house choices. People who are just starting out in payroll management will benefit from it. It can help them a lot in the whole management process. Employers can onboard new hires with ease, and new users won’t have any trouble utilizing the software.
key features and functionalities:
- They will provide expert assistance to the CIPP-accredited party.
- It offers both In-house and outsourced options.
- Great array of reporting options
- Additionally, it provides HR software, saving them from having to visit various software vendors for the various requirements that small firms have.
- Provide access from any device with a good internet connection.
Pricing plans: There is no special plan which they made official for their customers. The company designs packages according to the business requirements.
Ratings: The software company always get a mention when people talk about some top Payroll software companies present in the UK. The official rating of the company is not out.
4. PayEscape :
Because of its outstanding features and payroll software solution, the company is among the fastest growing in the UK. It’s cloud based software. It usually matches with the budget of a small business. It’s a good option for companies who don’t mind paying a small amount of money for software that effectively manages payroll workflow.
key features and functionalities:
- Employees can get access to payroll from a variety of devices.
- The member of the company is certified by the CIPP, which means you are joining the team of experts.
- Clients can drop their arrangements any time they need, and there is no particular punishment for it.
- It can integrate with other industry-leading software.
- Additionally, they provide the plan on a weekly and monthly basis.
Pricing plans: Although the monthly plan costs £53, it is not the most affordable. The £3.2 will be added if any employee gets added. The weekly plan costs £15 and £1.32 for each additional employee.
Ratings: The overall rating of the company is four, which is quite good according to its competitors in the UK.
5. Moorepay :
Do you know what financial stress your employees are under with the rising cost of living? https://t.co/l5OwA3OuBB
— Moorepay (@Moorepay) March 22, 2022
The organization is quite possibly of the greatest organization that pays one section in six of the UK’s functioning populace. It is ideal for small companies with variable staffing levels. The website has a really easy onboarding procedure. Adding additional clients or staff members to the software is simple. The features of this company are also better than those of other companies that provide the same services.
key features and functionalities:
- The company’s payroll services include many industries to work with.
- The team supports the customer in each step of starting.
- It is a 100% cloud-based type of software.
- It sends your FPS to HMRC.
- They secure all the data of their users carefully.
Pricing plans: The costs are usually determined by the consumer and are not fixed.
Rating: The app has received an overall rating of 4.5/5, which is slightly higher than that of other providers of payroll software.
6. MHR :
The company specializes in HR, talent management, and payroll. It has operated for more than 35 years. In excess of 1,000 organizations are associated with them. Their business disruption and their way of doing work are very impressive. They provide complete oversight on their dashboard to manage everything that is going on with employee payroll.
key features and functionalities:
- Many industries can simply integrate them.
- They have an emergency payroll feature.
- It offers a free team of experts to help with payroll or some investments.
- They have a very near-perfect management accuracy rate of 100.
Pricing plans: The business kept its ambitions under wraps. People have to contact the team to know the details about plans for beginners or small businesses.
Rating: The overall rating is around 3.5, which is quite nice.
7. ADP :
Financial organizations can attract, retain and engage high-value talent with competitive total compensation packages. That includes a well-designed retirement plan.
— ADP (@ADP) March 5, 2024
Learn how ADP can make it easier for you and the people you value most. https://t.co/1YyZfKZ0hR pic.twitter.com/0fAGbtahkK
The biggest employs payroll specialists. On their website, they already have over 90,000 users. Small and large businesses might choose them since they perfectly align with your payroll objectives. The website offers total control over the work completed by staff members or the payroll processing process.
key features and functionalities:
- It offers finance administrations as well as some beyond this, similar to HR.
- Employees get access to the mobile app.
- There is a vast array of third-party integrations available to handle time and attendance, accounting, and recruiting.
Pricing plans: Don’t publish set price plans but instead provide personalized quotes after assessing business needs.
Rating: The overall rating is around 3.6.
8. TopSource Worldwide
Our expert team at TopSource Worldwide can make expanding your team globally a simple matter. Check out our latest blog for valuable advice on hiring international employees and how we can assist.
— TopSource Worldwide (@TopSourceWW) March 6, 2024
👇https://t.co/LqHMgj7KMN#TopSourceWorldwide #Globalexpansion #Employerofrecord pic.twitter.com/fJPD3kwDCF
The company is HR and payroll service provider, which operates at the international level. The company is searching for a global recruitment plan, so this is the best firm for it. It is a service company with an international employment base.
key features and functionalities:
- The organization provides prompt labor and service.
- Cyberattacks cannot affect any of the data.
- It’s BACS-certified for the fastest and safest payment.
Pricing plans: The price is not particularly set for anyone, but it can get personalized.
Rating: The rating is approximately 3.2 overall.
Conclusion:
All eight payroll software companies do not set their prices high according to the needs of small businesses. Moorepay is the best firm out of all of them, therefore you can choose this one if you’re just seeking for the best for medium-sized enterprises. Several other small businesses have tried and tested All of these enterprises, so you can trust them. Choose the best option after carefully weighing your needs from any firm and, most significantly, your budget.
FAQs
Q. Can payroll software handle tax calculations and filings in the UK?
Ans: Yes, most payroll software designed for the UK market includes features for calculating taxes, National Insurance contributions, and other deductions. These systems often update automatically to reflect changes in tax laws and regulations, ensuring compliance and simplifying the process of tax filings.
Q. Is it easy to transition from manual payroll to payroll software?
Ans: Transitioning from manual payroll to payroll software is generally straightforward. Most payroll software companies offer setup assistance, data migration services, and customer support to help you get started. The software is designed to be user-friendly, and training resources are often available to ease the transition.
Q. Can payroll software integrate with other business systems?
Ans: Yes, many payroll software solutions offer integration capabilities with other business systems, such as accounting software, HR management systems, and time-tracking tools. This integration streamlines data flow, reduces manual data entry, and improves overall business efficiency.