Trackforce Valiant: Payroll Management Made Easy

Top 10 Payroll Solution Companies - 2020

With the proliferation of remote working and work-from-home culture, the current payroll systems are proving to be inadequate. The time-keeping system is currently one of the main concerns for organizations. As employees juggle multiple works at home along with their professional tasks, an adaptive and more modern payroll system is the need of the hour. As a result, more companies are making sure they have robust time-keeping software as part of a highly integrated payroll system. Moreover, as recruitment and retention have become two hot-button topics across the world, not having an accurate and reliable payroll solution can lead to a costly mistake involving human resource and wasted time—the knock-on effects are just as devastating. And a payroll system that is “not well planned” can soon become clunky and hard to maintain as the company and its headcount grows. Therefore, it’s on the HR managers to select best-in-class solutions for their organizational needs.

Fully integrated payroll systems are already showing their advantages in terms of cost and ease of use. As the organizations grow, such systems are robust and flexible enough to grow with them. Especially imbued with the capabilities of artificial intelligence (AI), integrated systems are automating many of the tasks that would otherwise require manual intervention, thereby saving both cost and time for those businesses. Additionally, the demand for natural language processing (NLP) is also on the rise with the need to decode hand-written notes for medical reimbursements.

At this juncture, cutting-edge payroll solution providers with advanced and integrated offerings are on the rise. To help agencies strengthen their operations capabilities and simultaneously enable growth in the sector, HR Tech Outlook has compiled a list of the top payroll solution provider companies. The list comprises prominent organizations in the industry that address issues pertinent to payroll systems by implementing current trends. Besides, the magazine also includes insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CHROs.

We present to you HR Tech Outlook’s, “Top 10 Payroll Solution Providers – 2020.”

    Top Payroll Solution Companies

  • The company is one of the largest security workforce management solution provider combining front-line visibility with back-office control, for a true end-to-end solution. The company offers a comprehensive online platform integrating employees with human resources, time and labor, and payroll management software in one single platform. In its portfolio of products, the company offers specialized hourly payroll software, a time & labor management software that is designed for complex time collection and reporting and effective HR software. From an employee perspective, the company offers an Employee Self Service (ESS) portal, which stores and reveals vital information to employees, allows them to communicate, update personal profiles, and interact with managers

  • Cogsdale


    Cogsdale offers a best-of-breed customer information system that includes: financials, distribution, utility billing, customer management, work management, project management, and procurement. Cogsdale has been developing solutions for local governments and utilities to address the complex and changing needs of their operations since 1997. With more than 300 clients worldwide, Cogsdale focuses on public and private utilities, local government organizations and utility co-operatives

  • Novative


    NOVATIVE is a Swiss company with more than 2 decades of HCM expertise, providing a global, easy-to-use HCM technology: NOVA Smart. We give companies of every size the tools to help them focus on their strategy, engage their employees, simplify HR and Payroll administration processes, optimize their investments and minimize their risk. NOVA Smart HCM Solution helps you optimize your workforce, enhance your employee performance, control your labor costs, make smarter business decisions based on flexible HCM analytics

  • Patriot Software

    Patriot Software

    Patriot Software offers American small businesses online accounting and payroll software. We have a passion for small business, hard work, and delivering simple, yet powerful, software you can afford. Patriot Software has over 300+ employees all over the United States of America. We offer competitive compensation and a wide range of benefits, including paid vacation after 90 days, health insurance, HSA and FSA accounts, dental, vision, 401(k) with company match, life insurance, disability insurance, and a stock options program. Patriot Software has over 300+ employees all over the United States of America. We offer competitive compensation and a wide range of benefits, including paid vacation after 90 days, health insurance, HSA and FSA accounts, dental, vision, 401(k) with company match, life insurance, disability insurance, and a stock options program

  • Paychex


    Paychex is a recognized leader in the payroll, human resource, and benefits outsourcing industry, with a steadfast commitment to success and a record of achievement that continues a tradition of delivering excellence. The company was founded in 1971 by B. Thomas Golisano with just $3,000 and a good idea – to make payroll outsourcing easy and affordable for small businesses. From those early days with just one employee, Paychex now has more than 14,000 employees serving more than half a million small- to medium-sized businesses nationwide

  • Paycom


    Paycom offers cloud-based human capital management software to help businesses streamline employment processes, from recruitment to retirement. With a robust suite of products including payroll, time and labor management, talent acquisition, HR management and talent management, Paycom lowers labor costs, drives employee engagement and reduces compliance exposure

  • Paycor


    Paycor is known for delivering modern, intuitive recruiting, HR and payroll solutions, but what makes them legendary is their singular focus on helping business leaders, entrepreneurs and HR professionals to make a real difference in organizations. Paycor realized that leaders of medium & small businesses need a unique combination of HCM technology and expert HR advice to achieve their goals. Today, Paycor partners with more than 40,000 organizations nationwide, and that number keeps growing, because we’ve never lost sight of our original vision

  • PayServ Systems

    PayServ Systems

    PayServ's Workforcethrive is a single application that manages the entire Employee Life Cycle, from Hire to Retire. Workforce Acquisition, Workforce Administration and Workforce Development all work together to provide our clients with unique insights, analytics and overall process efficiency to ensure effective and consistent application of company work policies. Login from any device anywhere, anytime and access information inside a secure, single database. With Workforcethrive, you have powerful tools to be strategic, engage your workforce, and stay on top of your business in real-time

  • Ultimate Software

    Ultimate Software

    Ultimate is a leading global provider of cloud-based human capital management and employee experience solutions, with more than 51 million people records in the cloud. Our award-winning UltiPro provides HR, payroll, talent, and time and labor management, as well as HR service delivery solutions. Founded in 1990, Ultimate is headquartered in Weston, Florida, and employs more than 6,000 professionals. Ultimate merged with Kronos Incorporated on April 1, 2020, to create one of the world’s most innovative HCM and workforce management companies in the world

  • Vertex


    Vertex delivers tax solutions for companies to manage evolving tax complexities and compliance risks, while growing their business with confidence. Combining advanced technology, sophisticated software, and an exceptional team of experienced tax experts, Vertex helps customers to unlock huge process and productivity gains, limit risk, and make tax a more integral, strategic contributor to business success