Best Payroll for Startups: Which Features to Prioritize

The best payroll for startups isn’t always an obvious choice. Startup companies tend to lean into heavily branded and trendy software tools, like those advertised via social media or tacked onto podcast episodes. But these trendy payroll tools often come at a cost. Many of these providers are startup companies themselves. This can lead to instability, especially when a company comes to rely on a tool for a service like accounting.

When it comes to payroll services, it’s best to rely on dependable software tools. Advanced Micro Solutions provides one of the most reliable accounting suites available. Consider this software for all your startup accounting needs, no matter your industry, size, or ambition.

 

 

Consider These Payroll Characteristics

Startup companies have different needs than established businesses. If you’re on the hunt for the best payroll for startups, there are a few variables to consider. Here are some common requirements startups need to think about before making a purchase:

  • Funding/Cash Flow: Funding can be precarious in a start-up company’s early days. While most startups secure funding on an annual basis, others have less predictability in their investments and revenue. As a result, start-up founders should look for ways to reduce overhead costs and maximize revenue. Investing in an affordable payroll software that does not utilize an SaaS model is a great way to do this.
    • For example: Let’s say that your start-up company is doing well, but you encounter a few months where revenue and investments aren’t enough to cover all the company’s costs. If you utilize a cloud- or subscription-based payroll software, you might not be able to make the required monthly payments. If you don’t have access to your payroll data, the whole system collapses. On the other hand, if you have an annually paid, disc-based software tool, you won’t lose access to payroll data and processing if you have a couple of bad months. You’ll be able to work through those tough times without experiencing a loss in payroll processing capacity.
  • Payroll Flexibility: Start-up organizations need to be adaptable. Your payroll software should be flexible, too. Prioritize tools that process both “live” and after-the-fact payroll, print checks and facilitate direct deposit, and can accommodate all types of workers.
  • User-Friendly Software: Start-up company employees don’t have a lot of time to play around with new software tools. In most cases, these small teams are assigned dozens of tasks at a time. If you’re thinking about integrating a new payroll software tool, it should be as intuitive as possible. For example, AMS Payroll utilizes a menu-driven format and digital facsimiles of actual forms to improve user experience.

 

Choose Advanced Micro Solutions for Your Start-Up Payroll Needs

Advanced Micro Solutions offers the best payroll for startups. Both affordable and flexible, our tools provide everything a burgeoning business needs to succeed. Those who want additional information regarding our accounting suite should call our Sales and Information Team a call at 800-536-1099.

 

 

For those who want some added confidence, consider our free demo software. This is a great opportunity to take the best payroll for startups for a test drive before putting down any funds.

Software Solutions from AMS

Our W2 and 1099 Forms Filer is our only required platform. From there, users pick the services they need. Choose from the tools below to build out your customized accounting software.