What to Look for in Small Business Invoice and Payroll Software

Finding customizable and reliable invoice and payroll software is important for every business. You will want to find a comprehensive program – whether you’re making your first sale or expanding an enterprise with important stockholders. However, when a company grows, they should avoid traditional manual accounting processes. Getting payroll and invoice software can streamline invoice distribution and payment collection, as well as tax and wage reporting. In doing this, your company will save more time and improve its cash flow. You can also rely on a stable program to stay financially organized and reduce mistakes.

AMS Payroll, our accounting and payroll software, is user-friendly and offers an affordable software tool. Whether you need to organize independent contractor invoices or run payroll, you will need software that can meet any of your business’s demands. This is exactly what AMS can provide.

 

 

Key Tools for Invoice Software

Your invoice and payroll software should be able to handle certain management tasks. On the invoice side of things, important features may include the following.

Customizable Efficiency – When you hire independent contractors, you become responsible for more paperwork. Getting software that organizes your 1099 invoices will help you manage these extra files. Make sure to carefully consider the pay frequency of your workers. The most efficient invoice software will reduce the margin of error and ensure billing compliance for both the company and your workers. These and more automated features can save you dozens of hours each month.

Detailed Reporting – Invest in invoice processing software that lets you compile and analyze your company’s relevant financial reports. Your invoice and payroll software should make your job easier by differentiating data. That includes the period (by month, quarter, or year) and any paid and outstanding invoices.

 

Important Payroll Software Features

A variety of tools, ease-of-use, and support are all important payroll features. Other elements that you should seek for your small business include the following.

Direct Deposit Capabilities – Having direct deposit capabilities minimizes the risk of any paper checks slipping through the cracks. It also reduces your time spent physically producing checks and then distributing them.

Security – Running any business means that you handle sensitive employer and employee details. Payroll software features should protect confidential information, including all Social Security Numbers, home addresses, and company data.

 

Why Use AMS Payroll

Investing in comprehensive invoice and payroll software is the best way for small businesses to keep up with shifting demands. If your company uses AMS Payroll Software, you’ll be able to manage up to 1,999 payers. Your business will then be able to handle up to 9,999 employees per payer. AMS supports over 30 different check types, and you can improve your company’s efficiency by setting up a default check option.

AMS Payroll is an add-on module to its W-2/1099 Forms Filer. Create encrypted PDF files to protect all your information and calculate selected fields for more detailed reporting. Small businesses looking for further insight can download our free 1099-etc Demo. If you have any product questions or concerns, contact customer support by calling 405-340-0697.

 

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.