Looking for construction payroll software in 2023 should not consume your construction company’s time and focus. It does not mean that software and its key tools will not influence the success of your company. Construction firms all have unique needs and challenges. Look for a system that meets and exceeds those needs at an affordable price regardless of your company’s size, types of workers, or structure. Flexible payment delivery options and multiple payroll reports are highly beneficial for construction companies in 2023. Do not short-change your business by investing in software that adds additional work to your payroll management tasks.
We provide an adaptable add-on accounting module with our AMS Payroll software. You do not need to take our word for it. We offer a free, downloadable demo software that allows users the opportunity to try our payroll calculation features with their data. The other good news? You can save your data and our software will hold onto that information for when you decide to purchase our product.
Which Features are Important for 2023 Construction Payroll Software?
Efficient construction payroll tools save your company time and money. Your software should go beyond performing simple calculations. Look for a specialized program with useful features that does not require you to spend more money in order to access higher tiers. Some key tools are:
Additional Calculations – Calculating your workers’ hourly wages should only be the start of your payroll software. Invest in software that crunches the numbers for your federal, state, and local taxes. Make sure that the payroll software also supports your end-of-year 1099 contractor filing calculations.
Geolocation Support – There are few things more frustrating than finding the perfect software that does not support your region. The best 2023 construction payroll software is available in all 50 states, plus additional relevant territories. Speak to your vendor about their availability before you purchase any product.
Multiple Job Designations – How businesses work and the classifications of workers that businesses hire have changed across all industries in the last several years. Confirm if your software option offers different designations and pay grades for its users.
Easy-to-Use Interface – The construction industry regularly faces a high turnover rate. Make sure that adding employees or subcontractors to your system is seamless and efficient. Avoid complicated platforms and search for a customizable system.
Certified Payroll Reports – Not all construction software offers certified payroll reporting for its users. Make sure that your construction payroll software allows you to show that you paid applicable employees for the previous week in compliance with prevailing wage laws.
2023 Tips for Construction Payroll Software
Stay on top with your construction payroll management in a few actionable ways. Make your overall process easier when you:
Determine how you will pay employees. Set an hourly wage or salary for your employees. The method you choose should relate to a few factors. Consider your business structure, the role that you need to fill, and partially your preference.
Properly classify your employees and subcontractors. The construction industry, like all industries, relies on accurate worker classifications. Find the best construction payroll software in 2023 that supports different types of 1099 and federal payroll forms.
Use direct deposit technology. Find software with direct deposit tools to reduce payroll processing times. You will also eliminate the issue of your employees and subcontractors misplacing their paper checks.
Find an adaptable system. Create automatic payroll calculations and allowances with as many as 40 user-defined fields. These calculations and allowances can align with the specifics needs of your business.
Why is AMS Reliable Construction Software?
We offer construction industry clients a variety of payroll software features without breaking their budgets. You or the individual who is in charge of running your company payroll can import data from QuickBooks, Excel, PeachTree, and Tab-Delimited Text Files. You can also export data to a Tab-Delimited Text File and/or QuickBooks General Journal.
Set up the company’s payer and payee accounts and our construction payroll software will automatically calculate the relevant payroll taxes. Our payroll software support extends to all 50 states, plus the District of Columbia and Puerto Rico. Construction companies benefit from our product whether they provide workers with specialized compensation benefits or must follow a state-specific payroll reporting requirement.
Consider our full modular suite of tools and which ones make the most sense for your business endeavors. We designed these tools to streamline the preparation and filing of end-of-year tax forms for construction industry leaders.