The best payroll platforms can support businesses regardless of size, location, and industry. The ongoing diversification of software requires businesses to consider what they need most. But, from cloud-based options to disc-centered downloads, there is more to choose from now than ever before. As you begin your search, remember that each company has unique accounting requirements.
AMS Payroll, our accounting and payroll software, meets all small business payroll software needs. Users can access easy payer and employee setup features. As you research payroll platforms, make sure to consider what you need now and what tools you might need in the future. You should also factor in which features may inadvertently create more stress.
Which Payroll Features to Avoid
All business owners should look for software that offers wide-ranging support. The best payroll software will grow with your company and continue to serve it – regardless of your size, industry, and location. You will also need to consider the full scope of your company’s payroll management. Here are a few features to avoid when searching for a tool:
- Subscription-Based Programs – Your company will pay monthly or yearly subscriptions for these types of programs. Looking for payroll platforms with a one-time fee can help you stick to a tighter budget. Subscription-based programs also rely on the Internet. If your Wi-Fi is down or you cannot access a secure Wi-Fi connection, you will not be able to run the company’s payroll.
- All-In-One Platforms – You may find yourself interested in software that manages everything, from company payroll to onboarding new employees, with a single tool. These platforms come with a significant learning curve. You must secure employee records and maintain tax compliance on all levels. The do-it-yourself nature of all-in-one platforms increases the risk of you making careless errors. Additionally, you’ll often wind up paying for more than you need.
- Cloud-Based Options – Cloud-based payroll is becoming increasingly common. However, businesses who use cloud-based options rarely own their own data. This can put you in a tight spot if you fail to pay the subscription fee. Additionally, while cloud-based data storage is typically secure, desktop-based storage is safer.
Consider Advanced Micro Solutions Payroll Software
Payroll platforms are not interchangeable or one-size-fits-all. Advanced Micro Solutions allows users to create their own accounting packages. Your business will only pay for what you choose without any hidden fees or surprise charges. AMS Payroll is an easy-to-use, add-on module for our base platform, the W-2/1099 Forms Filer. The payroll program calculates your federal, state, and local payroll taxes.
Keeping company information secure and accurate is simple with AMS Payroll. Create an SSN Verification file for your employees and file certain forms right from the software. You can export payroll data and produce year-end W-2 and 1099 forms with only a few clicks. Explore more of your options by using our free 1099-etc Demo. If you have any questions, contact the customer support team by calling (405) 340-0697.