GET SOFTWARE MATCHES

How to Choose the Best Payroll Software for Larger Companies

It is important for management to take certain things into consideration when choosing payroll software for a large company.

Payroll Large Company

For larger companies, using payroll software is an absolute necessity for avoiding mistakes and keeping all aspects of payroll streamlined and consistent. However, all businesses are different and the payroll software that fits one company’s needs may not be right for another. It is important for management to take certain things into consideration when choosing payroll software for the company.

Business Needs

Like small businesses, large businesses will benefit from evaluating the company’s needs and compiling information before looking into different payroll software. The budget carefully allotted to pay for the payroll system is a crucial consideration that may help narrow down options. The ease with which the system will function after implementation is also a critical aspect, as this will directly impact the employee’s contentment or discontentment with the company.

Features such as tax filing support and HR integration are additional considerations when choosing payroll software, no matter the size of the company.

Ease of Implementation

Large businesses usually stem  from smaller businesses, so often times a payroll system of some kind is already in place. When businesses grow too large for existing payroll systems to be useful, it makes sense to switch to a more efficient system.

Inefficiencies in currently used payroll software systems may cause large companies to look into new payroll software options. Easing the integration of new payroll software can have a huge impact on the functionality of the business during the transitionary period.

When choosing payroll systems, managers should consider the following items concerning ease of implementation:

  • Whether data from the existing system can be imported or must be manually entered
  • Whether or not the vendor offers implementation services and consultation
  • How many labor dollars will be committed to implementing the new system
  • Should the old and new systems  run side by side for a period to identify and correct errors

Availability of Support

The quality and availability of support can affect the efficiency and success of payroll software implementation. Twenty-four hour support via a website and unlimited telephone support can be very helpful for management and help minimize headaches.

The availability of local support should also be considered, as it  can help reduce the possibility of companies being seriously impacted by problems with the system. With  local support teams available, companies can avoid costs that may be incurred by company representatives traveling long distances to correct issues or provide system training. When local support is available, it may also allow companies to develop a stronger and more personal relationship with a helpful and reassuring payroll software company.

References and Track Record

Employees are a company’s most valuable asset and payroll impacts each and every employee. Companies should not gamble on payroll software, but should move forward with a vendor that has an established track record and is held in high esteem by companies currently using the system.

Many reputable payroll software vendors will submit references so that prospective clients can speak to current customers about their experience with the system. Companies may benefit from requesting references from companies that have similar payroll software needs.

If you wish to acquire new payroll software for your large company but aren’t sure of your best options, we can help! Visit our HR software match page to get started.

Sources:

Software Match

Get matched for free with top HR software.

How many employees are in your organization?

Select the software features you need.

We are matching your needs with the software in our database.

We found matches!
To get the shortlist, please provide your contact info.

By clicking the button above, I agree that Matchr and its approved vendors may use my information to follow up on my request. I also accept the Terms of Use and Privacy Policy.

We are sorry, Matchr currently does not offer support to countries outside USA, Canada

Thanks for using our Software Matching service

Would you like to schedule a 5-10 minute meeting with a Software Advisor right now?

0%

7,540 people have requested their software matches !

User Friendly
100% Free
HR Tech Experts
Related Industry Solutions
5 MIN READ

Best HRIS Software for Manufacturing

Manufacturing companies rely on the productivity and organization of the workforce to drive revenues and keep everything flowing smoothly. ...

5 MIN READ

Best HRIS Software for Start-Ups

When a start-up company comes onto the scene in any industry, it starts off with a few employees that wear many hats and a simple system ...

10 MIN READ

Best HRIS Software for Schools

Schools are responsible for educating the next generation. It’s therefore essential that schools are run as smoothly as possible so that ...

10 MIN READ

Best HRIS Software for Restaurants

Restaurants have a unique and complex culture that does not exactly parallel any other type of workplace. The intricacies of the ...

Used by top companies

Trusted by

GET MATCHED NOW