Finding the right payroll outsourcing company is essential for large businesses. With so many options available, it can be tough to know which one is the best fit for your needs. This article highlights some of the top payroll outsourcing companies that cater specifically to large enterprises, making it easier for you to manage your payroll processes efficiently.
Key Takeaways
- 1840 & Company specializes in finding skilled remote contractors for payroll tasks.
- ADP is known for its wide range of payroll and HR services, ensuring compliance with tax regulations.
- Paychex offers scalable payroll solutions that grow with your business needs.
- Deel provides payroll services in 150 countries, making it ideal for global teams.
- PapayaGlobal focuses on managing payroll for international teams, streamlining processes across borders.
1. 1840 & Company
1840 & Company is a leading provider of payroll outsourcing services, especially for large businesses. They focus on delivering top-quality talent and solutions that help companies manage their payroll efficiently. With a commitment to excellence, they ensure that businesses can focus on their core operations while leaving payroll tasks to the experts.
Key Features:
- Vetted Talent: Access to highly skilled remote contractors.
- Cost-Effective Solutions: High-quality services at a fraction of the cost.
- Scalable Payroll Solutions: Flexible services that grow with your business needs.
- Advanced Payroll Technology: Use of the latest tools and technology to ensure efficient payroll processing.
Benefits of Outsourcing Payroll:
- Cost Savings: Reduces the need for in-house payroll staff.
- Enhanced Accuracy: Minimizes errors in payroll processing.
- Compliance: Ensures adherence to tax regulations.
- Focus on Core Business: Allows companies to concentrate on strategic initiatives.
Outsourcing payroll services can significantly improve efficiency and accuracy, allowing businesses to thrive in a competitive environment.
1840 & Company is dedicated to helping businesses scale by providing global, vetted talent and teams. They offer a free consultation to discuss how their services can meet your payroll needs.
2. ADP Payroll Services
ADP Payroll Services is a well-known name in the payroll industry, trusted by many businesses. They offer a wide range of payroll and HR solutions that cater to both small and large companies. With over 70 years of experience, ADP has built a strong reputation for reliability and efficiency.
Key Features
- Comprehensive Payroll Management: ADP handles all aspects of payroll, including tax filing and employee compensation.
- Global Reach: They operate in over 140 countries, making them a great choice for businesses with international teams.
- User-Friendly Interface: Employees can easily access their payroll information online, which enhances transparency.
Pros and Cons
| Pros | Cons |
|---|---|
| All-in-one technology suite for payroll and HR | Limited options outside ADP’s dedicated tools |
| Services available in 42 languages | |
| Strong customer support |
Customer Feedback
Many users have praised ADP for its efficiency and ease of use. One user mentioned, “I would definitely recommend ADP to any large or small businesses…” This highlights the positive experiences many have had with their services.
ADP is a powerful tool that helps businesses streamline their payroll processes and save time.
In summary, ADP Payroll Services is a solid choice for large enterprises looking for a reliable payroll solution. Their extensive features and global presence make them a top contender in the payroll outsourcing market.
3. Paychex
Paychex is a well-known payroll service that offers a wide range of solutions for businesses. Their platform is user-friendly and designed to make payroll processing easy and efficient.
Key Features:
- Payroll Tax Reporting: Paychex takes care of all payroll tax filings, ensuring everything is accurate and on time.
- Payroll Administration: They manage employee pay, deductions, and benefits, simplifying the payroll process.
- Direct Deposits: Employees can receive their payments securely through direct deposit options.
Additional Services:
Paychex goes beyond just payroll. They also provide:
- 401(k) plan administration
- Insurance solutions
- Time and attendance tracking
Why Choose Paychex?
- Comprehensive Solutions: Paychex offers a full suite of services that can help businesses centralize their employee management.
- Excellent Customer Support: Their dedicated support team is always ready to assist with any payroll-related questions.
Paychex is a great choice for businesses looking to streamline their payroll and HR processes, making it easier to manage employee services effectively.
Summary Table of Paychex Features
| Feature | Description |
|---|---|
| Payroll Tax Reporting | Manages tax filings and compliance |
| Payroll Administration | Handles pay, deductions, and benefits |
| Direct Deposits | Secure payment options for employees |
4. Deel
Deel is a top choice for businesses looking to manage their global payroll needs. This platform is designed to onboard, manage, and pay international contractors compliantly. With its user-friendly interface, Deel makes it easy for companies to scale their operations in over 150 countries.
Key Features
- Exceptional Customer Support: Deel offers 24/7 in-app assistance, ensuring users get help whenever they need it.
- Fast Onboarding: Most users complete the onboarding process in just 2-3 days.
- Local Payroll Experts: Dedicated experts are available in various jurisdictions to provide tailored support.
- Seamless Integrations: Deel works well with popular software like Quickbooks and Bamboo, allowing for smooth workflow synchronization.
- Self-Service Options: Users can quickly set up their accounts, often completing identity verification in under 24 hours.
Pricing Structure
| Service Type | Cost |
|---|---|
| Contractors | $49 per contractor per month |
| Full-time | Starting at $500 |
Pros and Cons
Pros:
- Fast and efficient onboarding process.
- Comprehensive support for contractors and full-time employees.
- Automated invoicing simplifies financial tasks.
Cons:
- Additional fees for advanced features.
- Limited flexibility in altering contracts.
- $5 fee per payout may add up over time.
Deel is a pioneer in the global payroll industry, making it a strong option for large enterprises with international teams.
5. PapayaGlobal
PapayaGlobal is a cloud-based service that helps companies manage their global payroll and workforce. It’s designed to assist HR teams in hiring, onboarding, and managing employees across different countries. This platform stands out because it can handle payments in over 160 countries and supports multiple currencies.
Key Features
- AI-driven technology for invoice validation.
- 72-hour payment guarantee for employees.
- Local tax filing assistance and 24/7 support.
- Global equity management tool for employee compensation.
Pricing Structure
PapayaGlobal offers various pricing plans to fit different business needs. Here’s a quick overview:
| Service Type | Starting Price |
|---|---|
| Full-Service Payroll | $20 per employee/month |
| Payroll Platform License | $20 per employee/location |
| Data and Insights Platform License | $150 per employee/month |
| Payments-as-a-Service | $3 per employee/month |
| Global EOR Plan | $770 – $1000 per employee/month |
| Contractor Management & IC Compliance | $25 per employee/pay cycle |
Pros and Cons
Pros:
- Transparent pricing with a 60-day money-back guarantee.
- Local customer support with dedicated account managers.
- Automated payments in over 100 currencies.
Cons:
- No local entities in some countries, relying on third-party networks.
- Additional fees may apply for setup and onboarding.
PapayaGlobal is a great choice for businesses looking to manage their global payroll efficiently while ensuring compliance with local laws. It’s especially beneficial for companies with a diverse workforce across multiple countries.
6. Rippling
Rippling is a powerful tool for managing HR and payroll efficiently. Founded in 2016, it has quickly become a popular choice for businesses looking to streamline their operations. With over 500 integrations, it connects easily with other platforms, making it a flexible option for many companies.
Key Features
- Global Payroll: Supports payments for employees and contractors worldwide.
- Automation: While full payroll automation isn’t available, many tasks like work hours and tax filings can be automated.
- User-Friendly Interface: The platform is designed to be clean and easy to navigate, although customization options are limited.
Pricing
Rippling’s pricing starts at $8 per employee per month. However, details about additional costs are not transparent, and a demo is often required to understand the full pricing structure.
| Feature | Details |
|---|---|
| Starting Price | $8 per employee per month |
| Integrations | 500+ |
| Mobile Access | Yes |
| Automation | Partial |
Pros and Cons
Pros:
- Supports both US and global payroll.
- Offers a wide range of benefits plans.
- Accessible on mobile devices.
Cons:
- Pricing details can be unclear.
- No free trial available.
- Phone support incurs extra fees.
Rippling is best suited for companies with 50 to 2,000 employees looking for a comprehensive solution to manage HR, IT, and finance in one place. It’s particularly beneficial for businesses that want to handle payroll and benefits efficiently without juggling multiple systems.
7. Remote
Remote is a standout choice for companies looking to hire globally. It offers a unique solution by acting as an employer of record (EOR), which means it can hire employees on behalf of businesses that don’t have local entities in other countries. This is especially useful for remote-first companies that want to expand their workforce without the hassle of setting up legal entities.
Key Features
- Flat Rate Pricing: There are no hidden fees, and the platform offers discounts for startups and nonprofits.
- Global Payroll Services: Remote manages payroll in over 170 countries, ensuring compliance with local laws.
- 24/7 Customer Support: Users report that the support team is highly responsive and helpful.
Pricing Overview
| Plan Type | Monthly Cost |
|---|---|
| Contractor Management | $29 per contractor |
| Employer of Record | $599 per employee |
| Global Payroll | Custom pricing available |
| Discounts | Up to 15% for eligible startups and nonprofits |
Pros and Cons
Pros:
- Easy onboarding process for new hires.
- All employee information is accessible through a user-friendly online portal.
- Supports multiple currencies for billing.
Cons:
- Some users have reported issues with billing and invoicing.
- Limited integrations with other platforms.
Remote is particularly beneficial for established companies looking to hire talent in various regions without the complexities of local laws.
In summary, Remote is a solid option for businesses aiming to hire internationally while ensuring compliance and ease of management. However, it may not be the best fit for startups due to its pricing structure and potential billing issues.
8. UKG
UKG is a comprehensive platform that goes beyond just payroll management. It offers a wide range of solutions for managing employees, payroll, and development needs. One of its standout features is the support for off-cycle payments and on-demand pay, which allows employees to access their earnings when they need them.
Key Features
- Configurability: Administrators can customize what each user group can see, enhancing security and user experience.
- Ultimate Community: This feature provides valuable resources and networking opportunities for users.
- 24/7 Customer Support: UKG offers dedicated account managers and support in both English and Spanish.
Pricing
| Plan Type | Cost Estimate |
|---|---|
| Per Employee Per Month | Starts around $600/year for 5 users |
| Custom Quote | Required for accurate pricing |
Pros and Cons
Pros:
- Supports off-cycle payments.
- User-friendly mobile app for Android and iOS.
- Comprehensive HR and payroll solutions in one tool.
Cons:
- Pricing can be high for smaller teams.
- Some users report issues with the mobile app.
UKG is best suited for larger organizations with over 200 employees, as it provides a full suite of HR tools that can streamline operations effectively. Smaller companies may find it less cost-effective.
9. Paycom
Paycom is a strong choice for large businesses looking to manage their payroll and HR tasks in one place. It offers a variety of features that help streamline processes, making it easier for companies to handle their employee management needs.
Key Features
- User-Friendly Interface: Paycom’s mobile app is designed to be easy to use, allowing employees to access their information on the go.
- Comprehensive Services: It includes payroll tax management, time tracking, and talent acquisition, making it a one-stop solution for HR needs.
- Global Reach: With the introduction of Global HCM, Paycom now supports users in over 180 countries, a significant increase from just 9.
Pros and Cons
| Pros | Cons |
|---|---|
| Easy to use for both employees and administrators | Limited integration options with other software |
| Offers a wide range of features | Customer support can be inconsistent |
| Competitive pricing options | No free trial available |
| Self-service portal for employees | Some tax report access may be slow |
Customer Support
Paycom provides various support options, including phone and email assistance. However, some newer representatives may lack the experience needed to resolve issues quickly.
Paycom is an excellent choice for medium and large-sized enterprises to house all their payroll and HR tasks in one system.
In summary, Paycom stands out for its comprehensive features and user-friendly design, making it a solid option for large enterprises looking to simplify their HR processes.
10. Paylocity
Paylocity is a well-known payroll service that is especially good for medium-sized companies in the U.S. It offers a user-friendly platform that helps businesses manage their payroll efficiently. Here are some key features and benefits of using Paylocity:
Key Features
- Self-Service Portal: Employees can manage their own payroll, including direct deposits and tax withholdings. This feature helps save time for HR departments.
- Reporting Tools: Users can generate various reports, such as payroll history and tax withholdings, although some advanced reports may require additional fees.
- Integrations: Paylocity can connect with many HR tools, making it easier to manage different aspects of employee management.
Pros and Cons
| Pros | Cons |
|---|---|
| Easy to use, even for non-tech-savvy users | Limited reporting for large teams |
| Highly rated customer support | Requires a broker for benefits integration |
| Global payroll support for over 100 countries | Only offers English support |
| Free training modules available | No free trial or plan |
Customer Feedback
Many users appreciate Paylocity’s integrated platform, which helps eliminate data silos and saves time. However, some find the extensive features overwhelming, especially for smaller businesses.
Conclusion
Paylocity stands out among payroll services because it combines payroll with strong talent management tools. This makes it a great choice for companies looking to streamline their HR processes. If you are a medium-sized business in the U.S., Paylocity could be the right fit for you!
Final Thoughts on Payroll Outsourcing for Large Enterprises
Choosing the right payroll outsourcing company is crucial for large businesses. The companies we’ve discussed offer a variety of services that can help simplify payroll tasks and ensure compliance with laws. By outsourcing payroll, companies can save time and focus on their core activities. It’s important to evaluate each option based on your specific needs, such as the size of your workforce and the complexity of your payroll. Remember, the best choice will not only meet your current requirements but also grow with your business. Take your time to research and find the right partner to support your payroll needs.
Frequently Asked Questions
Kuldeep Nirgude is a computer science student with a strong interest in finance and marketing. With a focus on analyzing industry trends, he writes articles that simplify complex concepts and empower readers to make informed decisions. Kuldeep is dedicated to bridging the gap between technology and business, and is committed to staying updated on the latest innovations shaping the economy.