The best payroll system might look different for each company. Your preferred tools will depend on your company’s size, industry, and payroll-related needs. But while there may not be a single product out there that addresses every need, there are features to prioritize when doing your research – regardless of your specific requirements.
If you’re on the hunt for a payroll tool, consider AMS. We create user-friendly accounting software for businesses of all shapes and sizes. Plus, we prioritize the below features in all of our tools. Interested in learning more? Give our Sales and Information Team a call at 800-536-1099.
1. Automatic Reporting and 1099/W-2 Integration
The best payroll system will automatically calculate tax and wage responsibilities. For example, our accounting and payroll software automatically calculates federal, state, and local payroll taxes. A payroll system should also support essential forms. For most businesses, this includes forms 941, 940, 943, 944, and 1040 SchH. When shopping for a software, prioritize those that can electronically file certain documents, like forms 941, 944, and 940.
Keep in mind that payroll is a data-heavy process. This means that you’ll need to produce, capture, and reapply the information you generate. Doing this will ease end-of-year reporting and ensure all tax responsibilities are handled. AMS does this through software integration. AMS Payroll integrates with our base platform, a W-2/1099 Forms Filer, to support every tax and wage form you might need. This ensures well-rounded assistance regardless of the type of worker you hire and contract.
2. User-Friendly Format and Functions
Business owners and payroll professionals don’t have time to waste learning overly complicated software tools. The best payroll software will be intuitive and user-friendly. For example, AMS Payroll is menu-driven. This means new users can easily navigate the various functions. We also offer effortless payer and employee setup, as well as a robust customer support arm to answer all your questions.
3. Supports Your Business’s Size and Structure
The best payroll system is not a one-size-fits-all solution. Each business is unique. Your company could have 1 or 1,000 employees. You could be content with your current size, or you could be looking to expand. You may rely on W-2 employees, or you might use a network of contractors. No matter what your company looks like, you should have a software tool that supports your size and structure.
AMS takes a modular approach to customization. Users purchase our base platform, the W-2/1099 Forms Filer. Then, they can purchase whichever add-on modules they want. For some, that means AMS Payroll. For others, it might be our Forms Filer Plus. The best payroll should be a tailored product that won’t exceed a modest budget. That’s exactly what AMS provides.
Get What You Need with AMS
The best payroll system is different for each company. AMS offers tailored support to address your business’s exact needs. But we know that software purchasing is difficult. If you’re not sure that AMS is the tool for you, we encourage you to try our free demo. This is an opportunity to take our software for a test run.