Software Alternatives, Accelerators & Startups

Quickbooks Payroll VS Paycom

Compare Quickbooks Payroll VS Paycom and see what are their differences

Quickbooks Payroll logo Quickbooks Payroll

Intuit's QuickBooks Payroll software makes running payroll for small businesses easy and stress-free. This effortless online payroll system works with or without QuickBooks. Try our payroll services for free!

Paycom logo Paycom

Paycom is a Human Capital Management system that helps companies manage the complete employment life cycle, from recruitment to retirement.
  • Quickbooks Payroll Landing page
    Landing page //
    2023-10-08
  • Paycom Landing page
    Landing page //
    2023-10-16

Quickbooks Payroll features and specs

  • Integrated with QuickBooks
    QuickBooks Payroll is seamlessly integrated with QuickBooks accounting software, making it easy to manage both your financials and payroll in one place.
  • Ease of Use
    The interface is user-friendly and straightforward, allowing even non-experts to manage payroll tasks efficiently.
  • Automated Tax Calculations
    QuickBooks Payroll automatically calculates federal and state payroll taxes, offering peace of mind that your business remains compliant with tax regulations.
  • Direct Deposit
    Offers direct deposit for employee payments, which can simplify payroll processing and improve employee satisfaction.
  • Customer Support
    Provides robust customer support, including live chat, phone support, and an extensive knowledge base.
  • Employee Self-Service
    Employees can access their pay stubs and other payroll-related information through an online portal.
  • Scalability
    Suitable for small, medium, and large businesses, making it a flexible solution as your company grows.

Possible disadvantages of Quickbooks Payroll

  • Cost
    QuickBooks Payroll can be expensive, especially for small businesses or startups with limited budgets.
  • Additional Fees
    There are additional fees for services like direct deposit, tax filing, and additional users, which can add up.
  • Learning Curve
    While generally user-friendly, there can be a learning curve for users unfamiliar with payroll systems.
  • Limited HR Features
    QuickBooks Payroll focuses primarily on payroll and lacks some advanced HR features found in other payroll solutions.
  • Software Bugs
    Users have reported occasional software bugs and glitches, which can disrupt the payroll process.
  • Customer Support Response Time
    Although customer support is robust, some users have reported long wait times for resolving issues.
  • Internet Dependent
    Since it's a cloud-based solution, you need a reliable internet connection to access your payroll data anytime.

Paycom features and specs

  • Comprehensive HR Solution
    Paycom offers an all-in-one HR and payroll solution, integrating various functions like talent acquisition, time and labor management, payroll processing, and HR management. This can simplify administrative tasks and improve efficiency by consolidating multiple services into one platform.
  • User-Friendly Interface
    The platform is known for its intuitive and user-friendly interface, making it easier for employees and HR professionals to navigate through various features without a steep learning curve.
  • Robust Reporting and Analytics
    Paycom provides comprehensive reporting and analytics capabilities, allowing businesses to generate customized reports and gain actionable insights into their workforce data.
  • Mobile Accessibility
    The Paycom mobile app allows employees and managers to access their HR and payroll information, manage tasks, and approve requests from anywhere, enhancing flexibility and convenience.
  • Compliance Support
    The platform helps businesses stay compliant with federal, state, and local regulations by providing necessary tools for tax filing, benefits administration, and compliance reporting.

Possible disadvantages of Paycom

  • Cost
    Paycom can be relatively expensive, especially for small businesses or startups with limited budgets. The comprehensive features, while beneficial, come at a premium price.
  • Customer Support
    Some users have reported mixed experiences with customer support, indicating that response times and the quality of assistance may not always meet expectations.
  • Complexity for Small Businesses
    While the platform’s extensive features are a strength, they can also be overwhelming for small businesses that may not need such a comprehensive solution. The abundance of features might lead to underutilization or confusion.
  • Implementation Time
    Setting up and implementing Paycom can be time-consuming and resource-intensive. Proper integration and customization may require significant effort, particularly for larger organizations.
  • Training Requirements
    Due to the wide range of features, employees and HR teams might require significant training to fully utilize the platform. This can be an additional time and cost burden for businesses.

Analysis of Quickbooks Payroll

Overall verdict

  • QuickBooks Payroll is generally considered a reliable and effective solution for businesses looking for an integrated payroll system, especially those already using QuickBooks for accounting. It is well-suited for businesses seeking ease of use, robust feature sets, and strong customer support.

Why this product is good

  • QuickBooks Payroll is a popular choice for small to medium-sized businesses due to its integration with QuickBooks accounting software, ease of use, and comprehensive features. It offers various payroll processing capabilities, tax calculation and filing, employee benefits management, and compliance with payroll regulations. Users also appreciate its cloud-based platform, allowing for easy access from anywhere.

Recommended for

    QuickBooks Payroll is recommended for small to medium-sized businesses, especially those already using the QuickBooks accounting system. It's ideal for business owners who want a comprehensive, all-in-one solution for both accounting and payroll, as well as companies looking for a user-friendly platform with strong support options and regular feature updates.

Quickbooks Payroll videos

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Paycom videos

Paycom CEO: Growth in Medium-Sized Businesses | Mad Money | CNBC

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Category Popularity

0-100% (relative to Quickbooks Payroll and Paycom)
HR
16 16%
84% 84
Business & Commerce
100 100%
0% 0
HR Tools
14 14%
86% 86
Employee Management
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Quickbooks Payroll and Paycom

Quickbooks Payroll Reviews

6 Best Payroll Software for Small Businesses (2022)
Expert Review: We believe QuickBooks Payroll is the best payroll and HR software for businesses that use Quickbooks accounting software. With that said, we use QuickBooks for our bookkeeping and accounting, but we prefer to use Gusto because they help us with state compliance and really make the experience hassle-free.

Paycom Reviews

PeopleSoft Alternatives: 10 Modern HRIS Solutions for Every Business Size
Paycom takes a unified approach to HR management with its single-database solution. It enables holistic reporting and analytics, which are essential for insightful decision-making. Its seamless integration and fast implementation make it ideal for any business aiming for a strong yet straightforward HRIS. Paycom's efficiency appeals to those who prioritize a streamlined HR...
Source: www.outsail.co
Best Paylocity Competitors & Alternatives in 2024
Paycom offers a feature-rich, single-database platform for payroll, talent acquisition and management, time and labor management, and HR management. As for payroll, in particular, the provider delivers a solution that empowers employees to manage their paychecks, PTO, expenses, and benefits. In fact, with Paycom’s software “Beti,” workers can also troubleshoot, verify, and...
Top 17 Best Human Capital Management (HCM) Software Solutions
Paycom offers online payroll services and HR software solutions for both big and small businesses to manage the entire employment life cycle, from recruitment to retirement.
Source: cllax.com
22 Best HR Management Software & Tools to Use in 2021
Paycom is a cloud-based payroll management solution that automates your comprehensive HR activities and manages the payroll. It streamlines from recruiting the employees, managing them, and their payrolls.
Source: allthatsaas.com

What are some alternatives?

When comparing Quickbooks Payroll and Paycom, you can also consider the following products

Smarty Accounting - Smarty Accounting is a useful, web-based software that can help you to manage your finances.

Workday - Workday is an on‑demand financial management and human capital management software solution.

Execupay - Execupay is the leader in providing full service Payroll and HR Services for over 40 years. Build, pay, manage and retain your team, with our low prices.

UKG Pro - UKG Pro is one of the powerful, global human capital management solutions like global workforce management, flexible or seamless human resource management that drive the growth of your in an appropriate business way.

ADP Streamline Payroll - Our Streamline® payroll and HR solution provides advanced technology and outstanding service to alleviate the difficulties of managing global payroll.

Paylocity - Paylocity has revolutionized the industry and has quickly become the leading independent provider of online payroll services and HR solutions.