When you run a business, you will be left with two options when it comes to your payroll: doing it on your own, or hiring a payroll service to perform the job for you. If you are not strong in accounting and not completely knowledgeable about the changing payroll tax regulations, then the latter will be your ideal option.

Even before you choose to use a payroll service to relieve you from your burden, it is vital that you understand the different jobs that can be managed by a payroll service provider, the benefits you get to enjoy from using one such service, the service’s cost, and of course, the features you should look for from such a service. While some business owners choose to use the services offered by a local payroll services company, many other companies are known to be using online payroll services, mainly for the convenience of being able to access them from any location and at any time.

In this article, we’ll be reviewing and comparing two of the most popular payroll solutions used by businesses across the world: Paylocity and ADP Workforce.

Overview

Paylocity

Offering its services through the cloud, Paylocity is a leading firm offering human capital and payroll management software solutions to medium-sized businesses located across the country. The main product of the company is Web Pay, which is basically a web-based payroll interface that is available for access 24/7. The different tools that come with this solution include online reporting tools, pre-process register, custom frameworks, quick edit templates, paycheck calculator, direct deposit and third party check capabilities, data integration, and more.

While the product is mainly designed to help businesses that are in need of more than just payroll services, Paylocity offers comprehensive solutions for both payroll as well as human resource needs.

For more information on the software, visit DiscoverCloud’s Knowledge Base here.

ADP Workforce Now

ADP is one of the prominent companies and has more than 60 years of experience in the industry. It offers a comprehensive human resources management and payroll solutions for midsized businesses. Basically, the software covers all fundamental features of a HR suite, which include HR administration, payroll, recruitment, benefits, performance, and time and attendance. ADP Workforce Now software is considered to work best for companies with less than around 1000 employees. And the fact that it includes all possible HR features makes it an all-inclusive offering.

The latest redesigning of the software makes it easier for you to locate different functions and therefore complete your tasks more efficiently. The software is also updated to take care of the creation and distribution of Affordable Care Act (ACA) annual reports to employees and also to the IRS.

For more information on the software, visit DiscoverCloud’s Knowledge Base here.

Benefits

Paylocity

• Unparalleled customization and flexibility capabilities.
• Capable of supporting a wide range of employee populations.
• Integrates with many small business accounting solutions.
• Easy to navigate.
• Offers a unified database for both HR and payroll information.

ADP Workforce

• Easy to use.
• Good quality of support.
• Easy compliance with ACA.
• Enables faster hiring.
• Provides unparalleled insight into your ADP Workforce data.

Head-to-Head Matchup

Conclusion

As it can be seen, the payroll and HR management features offered by both these systems are almost similar. However, many business owners and managers seem to be leaning towards Paylocity for different reasons. The advanced capability it offers without compensating with the simplicity of navigation happens to be the main reason behind its success.