Top Wave Payroll Alternatives and Overview

Payroll processing is a complicated, tedious, and time-consuming task and never among the favorite works of teams across new and old businesses alike. With the involvement of taxes, social securities, health insurance, and more, it is more than just counting the working hours of your employees and handing out their wages. Nevertheless, payroll management is of utmost importance if you want to have your business running as well as expanding over time. Having a robust payroll handling tool like Wave Payroll takes most of the manual grunt work out of the platter, simplifies the process, making it less burdensome.  

Pay all your employees and contractors conveniently

With Wave Payroll, even handling taxes becomes easy-breezy. Opt to automate the process, and Wave Payroll will take care of Canada Revenue Agency (CRA) tax remittances. You no longer need to log for your hours filling in tax details for the employees. The smart dashboard keeps track of all invoices and cashflows, including expenses, payments, and income reports, and organizes them for ease of calculations. Generate T4 and T4-A tax forms and pay all independent contractors and employees without a hitch. Directly make the payment deposits in your employees’ bank accounts from anywhere with 100% accuracy and reliability.

Seamless integrations that save your time

If you want to shift to Wave Payroll from your current system in mid-year, Wave’s got you covered. You just need to carefully migrate all previous payroll data for accuracy in tax forms and pay stubs. It comes with seamless integration with the accounting software so that you can run payroll in minutes. Once you start using Wave Payroll, you can let your employees create their profile. So now, they can also log in to oversee their banking details and contact information as well as access their pay stubs and T4s, thereby reducing the workload on your side.

An accountant-friendly software for payroll management

With Wave Payroll’s automatic payroll entries, you and your HR and accountancy department will be spending less time in manual bookkeeping. Connect it instantly with Wave’s free software for accounting, invoicing, and receipt scanning to get started with all the tax filing and payroll handling. So now, you can keep all your bookkeepers, partners, and assistants in the loop to avoid all loopholes and ensure full accuracy. Plus, as all card and account information, processes, and connections using 256 bit SSL encryption, you can entirely rely on this PCI Level-1 certified software.

Company Name: Wave

Founded in: 2009