So, you are in the market for Construction Payroll Software.
Ideal, because in this article we have our compilation list for our top picks, and we compare the features and pricing for you.
If you just want the best choice, we’ve added that right at the top of the article as this was what is most requested by our customers. So, that’ll be the “can’t go wrong” option.
Otherwise, feel free to explore all the options we’ve reviewed on the market to find something that might fit you a little better.
Enjoy the list!
The Best Construction Payroll Software Specifically
Construction businesses constantly take up multiple projects, employing several labourers in the process and require a platform that's specifically designed; to handle their payroll demands. Payroll software that offers reporting, pay run scheduling, time tracking and attendance sheets will be the perfect fit for this category. Have a look at the products below to choose the best construction payroll software specifically:
Gusto provides a modern HR platform for payroll managers and employee onboarding. It offers a smart interface that empowers your teams and pushes your business towards growth. With Gusto, you can pay your employees, check attendance records, do hiring or analyze reports on a centralized platform.
Here are some exclusive features of Gusto:
Payroll: Gusto lets you run your payroll in minutes, infinite times, without any overcharging. You can set everything on autopilot, and Gusto will sync your team's hours automatically. Additionally, Gusto calculates your taxes and files them with the right government agencies.
Hiring & Onboarding: From hiring your first employee to scaling your ever-growing businesses, Gusto assists you in finding great employees who fit your organization like a glove. You can create custom onboarding checklists for new hires and post job listings. Additionally, Gusto offers integration with leading applicant tracking systems so you can directly import new hires into payroll.
Time Tools: Gusto offers automated time tools that help you manage time off, holidays, workforce costs and team hours. You can verify the billable hours with geolocation and automatically sync them with payroll after the approval. Additionally, Gusto provides project tracking. So you can analyze your productivity and costs.
Employee Benefits: Gusto understands the latest business strategies revolve around employee welfare. A paycheck is not enough to keep your team motivated and productive. With Gusto, you can provide health and financial benefits to support and motivate your team. Additionally, Gusto ensures you protect your team and stay compliant with labour laws.
Gusto Wallet: Gusto provides your employees with a money tracking and saving tool named Gusto Wallet. You can set upto 5 Savings objectives, change contributions and transfer them to your spending account. Additionally, Gusto provides a debit card that processes transactions 2 Days faster.
Gusto offers 4 Pricing options for its payroll and HR management software.
The "Simple" plan is priced: at $40/month plus an additional $6/person. It offers employee financial benefits, basic onboarding tools and payroll reports.
The "Plus" plan is priced: at $80/month plus an additional $12/month. It offers next-day direct deposit, advanced onboarding tools, PTO management and time tracking.
The "Premium" plan offers an exclusive pricing quote. It provides an HR resource centre, compliance alerts, performance reviews and health insurance broker integration.
The "Contractor Only" plan is for businesses without any W-2 employees and is priced: at $6/month/user.
Paycom is attributed with being one of the first fully online payroll providers. It offers an employee-driven solution that helps you with talent acquisition, payroll, HR management and time tracking. Additionally, Paycom reduces post-payroll corrections by allowing your workforce to verify and approve their paychecks for accuracy.
Here are some exclusive features of Paycom:
Applicant Tracking: Swift action is crucial to keep the best applicants from falling through the cracks during the hiring process. Paycom provides an applicant tracking system that helps you distribute jobs, create requisitions and evaluate candidates. Additionally, it offers e-verification and enhanced background checks for a seamless experience.
Onboarding: With Paycom, you can swiftly and seamlessly transition high-calibre recruits to productive contributors. You can ensure you retain your hard-won hires by streamlining the onboarding process. Paycom offers a self-service portal for employees where they can access training sessions and understand the work culture.
Tax Credits: Paycom's risk-free tax credits service identifies, secures and administers the government incentives available, improving your business's financial position. Additionally, it provides a financial incentive for business leaders to hire workers from groups that are underrepresented or face significant barriers to employment.
Garnishment Administration: With Paycom's garnishment administration, you can notify support when an employee is subject to garnished wages and let them handle the calculations and record-keeping. Moreover, the specialists administer garnishments by managing them from receipt of the order to expiration.
Expense Management: Paycom's expense management software simplifies the entire reimbursement process. It offers higher visibility into on-demand analytics and customizable reports on expense transactions, approval audits and spending by department.
Paycom offers an on-demand pricing quote for its payroll management platform.
3. Zoho Payroll
Zoho Payroll is designed to help your business maintain federal and state tax compliance. It is an end-to-end platform that does everything for you, whether it's onboarding employees, or streamlining your payroll administration. Additionally, it is tightly integrated with the Zoho ecosystem and imports your payroll data automatically.
Zoho Payroll Features
Here are some exclusive features of Zoho Payroll:
Employees Management: Zoho Payroll ensures you chart the right course for managing your workforce from the day you hire your first employee. It offers fast employee onboarding and tax form generation plus manages exits efficiently. Moreover, your employees can view their personal details and access pay stubs on the Zoho Payroll platform.
Payroll Processing: Zoho Payroll offers intuitive features that help you prepare your pay runs and validate payroll input. You can generate gross to net pay stubs, personalize pay schedules, do online salary payments and reward employees with bonuses. Zoho Payroll ensures swift processing and efficient management to maintain your wage structure.
Payroll Benefits & Accounting: Zoho Payroll lets you associate non-wage benefits like retirement plans, health insurance and taxable benefits with employees. You can reward diligent employees for disciplined attendance by paying out unused leaves. Additionally, Zoho Payroll lets you choose expense liability accounts to track benefits automatically and prevent last-minute reconciliations.
Payroll Metrics: With Zoho Payroll, you can generate single-click reports that reflect your payroll. It lets you analyze your organization's payroll expenses with a summary report that classifies all financial contributions. Additionally, you can export the reports in multiple formats for deeper analysis.
Payroll Administration: Zoho Payroll ensures you make light work of time-intensive admin tasks and organize your wage structure efficiently. You can personalize the email templates by adding a human touch to your automated messages and turning on notifications for upcoming pay runs and tax filings.
Zoho Payroll Pricing
Zoho Payroll offers 1 Subscription plan for its Payroll management software. It is priced at $19/month plus an additional $3 for every employee and offers automatic payroll calculation, digital pay stubs, a self-service portal and direct deposit of salaries via Forte.
RazorpayX is a payroll disbursal and management software that automates payments and filings of compliances like TDS, PF, ESI and PT. RazorpayX ensures you can focus on growing your business by maintaining tax compliance and efficiently organizing your payroll. Moreover, it lets you do transactions from your current account and deposit salaries directly into an employee's bank account.
Here are some exclusive features of RazorpayX:
HR Management: RazorpayX assists your HR department to manage the employee lifecycle from onboarding to exit. You can generate offer letters from predefined templates, process reimbursements seamlessly and access the employee directory. Additionally, RazorpayX ensures your employees can add custom holidays with their manager's approval.
Leave Management System: RazorpayX lets you set leave policies that fit your company culture. Your managers can view the attendance report of employees, plus RazorpayX automatically factors in the employee holidays while calculating salary. Additionally, you can integrate RazorpayX with Slack and handle all approvals on one platform.
One-click Payroll Processing: Managing payroll is no longer a time-consuming process. With RazorpayX, you can eliminate manual efforts and automate the payroll process accurately. It lets you add incentives or bonuses during processing, automates compliance payments and generates insightful payroll reports.
Statutory Compliance: RazorpayX offers the best payroll compliance automation in the market. It deducted TDS returns accurately for employees according to their tax declaration and chosen regime. Moreover, you can control professional tax registration and return filings within one interface.
Group Health Insurance: RazorpayX offers group health insurance for businesses to safeguard employees' interests. It provides automated insurance management upon employee onboarding and exit. RazorpayX has the best claim settlement rate and is one of the few payroll software that offers health insurance.
RazorpayX offers 2 Subscription plans for its payroll management system. You have to pay a base charge of $1.5 per employee.
The "RazorpayX with Current Account" offers 250 free payouts every month, guided account opening, scheduled payouts and priority support.
The "RazorpayX with Virtual Account" does not offer free payouts. It supports vendor payments, approval workflows and API payouts.
SurePayRoll is a 20 years old payroll solution for America's small businesses and was recently acquired: by Paychex. It runs your payroll automatically and offers an accurate tax liability calculation guarantee. SurePayRoll is ideal for budding businesses looking for an integrated HR and Payroll solution without splurging too much.
Here are some exclusive features of SurePayRoll:
Extensive Reporting Capabilities: SurePayRoll offers insights from up-to-date wage structure, employee benefits and status reports. You can use the integrated time clock to eliminate manual errors, download customizable reports and connect SurePayRoll with accounting software to streamline tracking.
Easy Direct Deposit Setup: SurePayRoll offers the convenience of direct deposit. You can ensure your employees get their wages timely by scheduling bank transfers with direct deposits. Additionally, you can cancel payrolls or withhold salary for timesheet approval. SurePayRoll gives you complete control over payroll and transactions.
Household: If you employ a nanny, caregiver or any household helper, you're considered a business: by the IRS. It means you must pay the necessary taxes, deduct social security and provide medicare. SurePayRoll offers a dedicated payroll system for managing household helpers. It automatically calculates the taxes for you and files them with your approval.
Pre-Employment Screening and New Hire Reporting: SurePayRoll understands how troublesome the recruiting process can be for small businesses. It's critical that you recruit the best talent for the role, and SurePayRoll's pre-employment screening options combined with new hire reporting help you determine the perfect fit for your organization.
White labelling and Flexibility: SurePayRoll is a fully customizable platform tweakable to fit your specific business needs. It provides easy access to workplace and business forms. Additionally, SurePayRoll offers white labelling, allowing you to add your custom branding to the interface.
SurePayRoll offers an instant pricing quote for its payroll management platform, depending upon your payroll type. You have to input your name and email and then click on "Get Started".
Why use Payroll Software at all?
Every business has to deal with tax filings, employee regulations and financial transactions. As your organization scales, your demands get bigger, and so does your workforce. At one point, it becomes troublesome to depend on manual entry from your accounting team. You must cross-check every detail and still can not be certain about missing out on errors.
Payroll software helps you manage employee onboarding and payroll, plus file accurate tax returns. You can schedule payments and recurring deductions to keep your payroll running even when you're unavailable. Additionally, you can offer employee benefits like retirement and insurance plans to your workforce.
Why should you use Construction Payroll Software?
Complex construction payroll is a common theme or pain point for most contractors. Handling construction payroll is very difficult and different compared to other businesses. With Payroll Software, you can automate payroll processing, direct deposits, tax filings, W2s and annual reconciliations.
You can review, correct and approve timesheets to calculate wages. Once done, the data will automatically reflect across the payroll system. With reports of pre-check registers, you can ensure your payroll is always accurate before printing cheques.
Payroll software allows you to track employee hours and statuses, the coverage offers and eligibility periods, ensuring your business keeps running. You can use the annual payroll data to prepare and file IRS forms electronically.
With Payroll software, your construction business will bloom and expand swiftly. You can simply input instructions and put the system on autopilot to ensure your pay runs go through even if you're unavailable for approvals.
Construction Payroll Software, A Summary
Every construction business has to comply with labour laws, pay accurate tax returns and manage employee payroll. A dedicated platform to handle all HR- and payroll-related tasks can transform your construction business. Payroll software ensures you adhere to the project budgets during recruiting and stay profitable.
Gusto is an all-around payroll platform that offers quality insights, employee management and pay run scheduling. It is our suggested pick for payroll software that suits construction businesses. Visit the website to get started.