Payroll Solutions that Make the Grade
Below are a few of the more well-known payroll companies that are poised to handle all sorts of payrolls, whether it be a five employee Mom & Pop shop to a thousand-person strong franchise. Employ at your own risk.
- ADP is definitely one of the "big boys" in the world of payroll vendors. With nearly 600,000 clients, it's safe to say that a lot of companies, both big and small, have trusted ADP to handle their payroll. Beyond just issuing paychecks, ADP also offers several companion services that include HR solutions, and both retirement and benefits services. With using such a large payroll company, you can sometimes quickly get lost in a myriad of voicemail options, trying to find the right person to assist you with your particular problem when one comes up, but as a big company, they also bring the added benefit of larger "buying power" in terms of bringing you and your company added services that a smaller provider might not be able to provide.
- Paychex is another large payroll provider, much along the same lines as ADP. For the most part, the two companies go toe-to-toe with the benefits that they are able to offer their clients, with both of them keeping close tabs on the healthcare reform, and how it affects businesses. When evaluating such similar companies, it oftentimes comes down to the bottom line, pure and simple. Who delivers what you need, and at what cost?
- Ceridian hangs their hat on their "Proven Integrated Solutions" and their ability to offer their clients a suite of complementary services in an effort to take care of all a company's payroll needs, from human resources and handling basic payroll to offering tax filing and productivity solutions. They endeavor to be a one-stop shop for all your payroll needs. It's up to you to decide how true that may be.
- CompuPay is a large payroll company that you don't hear about too often, which is surprising considering that it is the second largest independently owned payroll company in the country, and the fourth largest overall. Through a series of acquisitions over the years, it has firmly secured its place in the payroll world, even though their lack of marketing leaves something to be desired. The ability to keep up with the big boys aside, CompuPay has also carved out a little niche for themselves in that they specialize in handling payrolls for construction companies and restaurants.
