What is the best payroll software for Restaurants?
How can I choose the right payroll solution as a business owner?
Payroll software is a solution that manages the payroll system for an organization or business.
Before selecting a payroll provider, one should consider their industry, company size, and the needs of the organization.
For example, do you need a payroll that is integrated with your workforce management solution? Or are you looking for something that helps pay your salaried employees on time?
Do you want something that also helps track vacation pay and benefits? Or something that helps keep track of variable hourly employee rates?
In the end, your solution shold help owners, bookkeepers, and operations managers to ease the administrative work of calculating payroll, paying employees, and keeping the books clean.
Here are some top things to consider when choosing a payroll solution if you are a Canadian business owner.
1 – Make sure it is an automated solution.
Manual payroll calculations such as calculating staff worked hours or overtime are time-consuming and can be prone to error; so instead of doing it by hand, opt for an automated payroll solution that does calculations for you based on computerized features! These payroll software solutions will automatically calculate employee stat holiday pay and wage adjustments, so you don’t have to.
2 – Find a solution that does your taxes for you.
Canadians are lucky to have payroll software that can automatically calculate Canadian payroll deductions and even submit remittances! The best type of restaurant payroll software should offer automated tax calculations and remittances to ensure you never miss an important deadline, and always pay your employees correctly and on time.
3 – It should talk to your accounting software.
When it comes to having a complete tax reporting and financial system, there is a lot of software on the market, but the software that automatically merges the creation of journal items, balancing credits with debits, and billing aspects is ideal.
A system like this will help in translating information between different software packages is a big part of being a business owner. Integrating payroll, tax software, and accounting software can create a complete system.
4 – It should integrate with your workforce management and HR solution.
The best Canadian payroll software should integrate with your other workforce management systems, such as time attendance, scheduling, or employee management software.
Camera time attendance is a great tool to track employees clocking in and out of work accurately. When integrated with your payroll software, it should have the ability to automatically push your employee hours into payroll, to streamline your payroll process!
5 – It should help you stay organized and safe
Instead of flipping through paper files or books, store your payroll records and employee data in a secure space online and in Canada. With a reliable Canadian payroll provider, you shouldn’t have to hire IT staff to protect your data. Invest in a cloud-based payroll software provider committed to keeping your business data and employees’ personal information safe and private, particularly from malicious forces like hackers and viruses, and only privy to you as an employer.
By integrating with employee management software, you should be able to quickly pull labor reports and accurately track employees’ development – letting you centralize your workflow!
Want a Canadian payroll software solution that does it all?
As a business owner, payroll is sensitive, but you shouldn’t have to be an accounting expert to run payroll. Automate your payroll process and leave the heavy lifting to a reliable, secure, and intuitive cloud-based payroll software provider like Push Operations!
What should I do next?
The next step will include first establishing your payroll needs, then jumping online to research other payroll providers who might best fit your needs; consider checking out this article on the best payroll software, a top 5 comparison.
The next step will be to book a demo with these companies and learn more about how they can help. Ideally, you can find a solution offering a free trial or sandbox account to get you started, or even better, one specializing in your industry.
We hope this article helped you learn how to select the best payroll software for Canadian businesses!