No matter how small your business is, you must have one or two people that you pay at the end of every month – or how else your payment structure is setup.
It is these people that we say are on your payroll and as a businessman, you will want to track how your money goes out into such running costs.
More than using traditional books, here are the best payroll software for small business you should get a taste of.
1. Sage One Payroll
From the name, Sage One is one of those software that you can easily mistaken to be just an accounting platform. In truth, it does way more than that. For 600 Naira per month you can get the Sage One Payroll to help you manage your Payroll.
Coming with plans that allow you pick what is best for your pocket, a designated Sage One Payroll software will help you manage your payroll effectively, taking all the stress and hassles of managing staff payment on your own off your neck.
If you want so much more, Sage One will still offer you fixes for your accounting needs, track your expenses to the last kobo and make sure you don’t miss out on a single invoice ever again. To be candid, that is just scratching the surface on what this multi-OS software can do. For details about Sage One in Nigeria, Click Here
2. TalentBase
TalentBase sees itself as a fast-growing payroll solution for business all across Africa, and that is not far from the truth. This software allows you to add details about an employee such as their pay, allowances and allowable grants and leave it automated for life.
It also makes way for deductions from the employees’ accounts and for you to pay directly into your worker’s bank from yours at the designated times each month.
Even better is the way this payroll software allows you manage your employee tax from the comfort of a single software. Complete with an Expenses Management plan, you can now take care of your employees on their leave of absences without having to press a button more
3. TAMS
TAMS operates as a cloud-based system with a host of services for expenses accounting as well as human management. The platform is very flexible, coming with a slew of user-friendly options that allows you get things done faster by customising the system.
From what we have seen of this software, you can designate almost anything that relates to employee payment plans – insurance, employee benefits, loans and contributions plans, among other things.
4. PayDayNG
Personally, there are two things that we love about PayDayNG. The first is the fact that it is a specialised payroll for the Nigeran markets. The second is from the way the software will allow you create user accounts with different privileges.
That means everyone in your small organisation can have access to the dashboard with a unique login ID, but you can control what they see on it.
With PayDayNG, managers and business owners will find it easier to pay all their employees across all arms of their business setup. They will also be able to perform tax deductions and employee monitoring via the same platform.
Finishing off with a separate dashboard for employees and managers, usability of this software is at an all-time high
5. PrimePayroll
Requiring you to make zero investments upfront, PrimePayroll is the ideal software for small business owners that do not want to be tied down with the hassles of payroll management. This software makes the job easier on your HR Management system, allowing you get the personnel money aspects of business sorted out as fast as you can every month.
With an option to generate valuable reports for various types of business analyses, you can enjoy PrimePayroll from the comfort of your internet enabled PC or smartphone.
If you are also considering getting the best accounting software or your small business, we have something to help you on that here. Before that though, you might want to look at things to consider when choosing an accounting software for your business needs.