- Unlimited payroll runs
- Worker benefits add-ons
- Can be integrated with multiple sites
- It is budget-friendly
- You can cancel payrolls
- Doesn't provide weekend support
- Have to download the reports to see them
- Prepaid debit cards are not supported
While managing and running a business, handling payroll is one of the most complicated things. You need the right business accounting software. That’s where Gusto comes in. It is one of the most popular online payroll systems that helps small business automate their whole payroll process. It is a perfect tool for HRs to simplify the complex process of managing payrolls. In 2019, Gusto was awarded the Supreme Software Award as well as the Expert’s Choice Award. The best thing about this payroll software is that it features a very user-friendly design that makes it very easy to use and understand. The main motive of Gusto is to make complicated business processes easier.
Gusto is specially made for small business owners and it is capable of carrying out different operations such as automating the payments, calculation, and payroll tax submission. It is a modern online payroll tool that helps businesses manage their employees better. Gusto provides different services and products to help the administrators pay, onboard, and engage their team in one platform. Due to its simple interface, this tool is loved by thousands of employees.
Another great thing about Gusto is that you don’t need high-technical skills to operate it. If you have basic knowledge of payrolls, then this platform will make you feel like a professional even in the toughest conditions. It is one of the best platforms to create a highly productive workplace.
Gusto calculates and fills your payroll taxes automatically, which makes the process of running payroll very easy. It is known for providing excellent support and also keeps you compliant. As you know, incentives and benefits are the best way to motivate employees but most small businesses lack these two things. The software helps companies provide benefits to their employees without facing any complications. Apart from this, if you have never purchased health insurance, then Gusto can also guide you, whether you want to integrate your current plan or find new add-ons like life insurance as well as other benefits.
No matter the size of an employer, Gusto can help in finding the right health insurance and other kinds of employee benefits from the first day. It also offers easy to use enrollment along with a team of professional experts that can help you in every way. With Gusto, you can keep your team happy and motivated by providing the benefits they need.
The software offers three pricing plans to its customers which are Core, Complete, and Concierge. The best thing about these plans is that all of them provide full-service payroll processing. Gusto is known for providing packages at a very reasonable cost, but if you have a larger team, then it will become slightly more expensive. One thing you have to keep in mind is that Gusto charges you for each employee entered into the system.
The first plan offers the Core Plan and it costs $25/month. It provides different features such as full-service payroll, health insurance administration, and employee comp administration. The second plan, called the Complete Plan, is $51/month. This plan has all the features that the Core Plan offers but it also offers some more features like employee onboarding, product permissions, employee directory, and time-off requests. This plan is the perfect pick for a small scale business.
The third is the Concierge Plan and it costs $161/month. You will get both the Core and Complete Plan features. In this plan, you will get a virtual HR department that will help you with things like hiring requirements, employee termination, and many more advanced things. The software charges you for the monthly base fee along with the monthly fee for every employee you have on the payroll.
Because of that, our suggestion is that before choosing any plan, make sure to multiply the number of employees your company has by the cost per employee and then add the monthly subscription cost. This way you will know the exact amount you will have to pay each month.
Employee onboarding is one of the most useful features of this business accounting tool. It is perfect for business owners who don’t have enough time to focus on payroll and personal information. With the help of Gusto, your new employees can onboard themselves easily. Though you will have to give them permission first, once you have given all the basic details, Gusto will take care of everything else. As you may know, processing tax forms is very complicated, especially when you don’t have any experience. Gusto automatically processes and fills tax forms for you, so you won’t have to worry about anything.
Another great feature of this business accounting software is the AutoPilot Payroll. This feature is best for businesses that run the same payroll consistently. It will help you run payroll at the decided intervals without doing anything. You just have to feed the important information that is used for each payroll, then rest will be taken care of it. Gusto also offers amazing reporting options, which include year to date worker’s earnings, a complete payroll journal, a benefits report, time-off balances, an employee summary, and much more. Here are 8 features you will get with this tool;
- Employee Self-Enrollment
- Multiple Pay Schedules
- Direct Deposit And Checks
- Time-Off Tracking
- Contractor Payments
- Software Integrations
- Digital Signatures
Gusto is one of the most widely used payroll software in the world. It makes handling payroll for small business owners very easy. It comes with a lot of useful features that provide full control. The best thing about this payroll software is its simple design, which makes everything easy to operate. Apart from this, it also offers affordable plans, so you won’t have to worry about spending extra money.