Construction companies have unique needs from general businesses. With different pay rates, subcontractors, certified payroll, job costing, and more, the best payroll software for construction companies should cater to these and other needs.
Best Payroll Software For Construction Companies
1.ClockShark
2. Sage 100 Contractor
3. payroll4construction
4. ADP®
5. Xero
6. Paychex
7. MYOB
8. Gusto
9. Zenefits
10. Wagepoint
11. SumoPayroll
12. eBacon
13. QuickBooks Payroll
What Can A Payroll Software Do For Your Company?
Payroll software is adopted by construction firms to simplify payroll processes but there are more benefits than that to having good payroll software.
- Calculate payroll deductions faster
- Ensure accurate payroll information
- Ensure payroll compliance
- Track paid time off
- Eliminate manual entry
- Integrate with accounting software
- Provide job costing for labor
- Provide reporting
Payroll software also provides more data and analysis, so you have a more accurate picture of your labor costs. With payroll software, your payroll is made faster, easier, and more accurate.
How To Choose The Right Payroll Software
There are plenty of payroll solutions available, but the right solution will vary, depending on the unique needs of you and your business. A payroll solution for, say, a restaurant, may not be as ideal for a construction company.
There are a few factors to take into account when shopping around for the best payroll solution for construction companies.
Cloud-Based
Most software that is subscription-based is also cloud-based. Cloud-based means the information is stored on an external server and encrypted so it’s protected from being hacked, lost, or damaged. Plus, with a cloud-based platform, you’re able to access it from anywhere.
Ease Of Use
There are some very complex and complicated payroll solutions available which might be great for an accounting guru but not everyone is cut out for these. Before choosing a payroll software, take advantage of a free trial to get a feel for it. See if it’s easy enough to use. If you get a payroll software that’s too hard to use, it defeats the purpose of simplifying payroll.
Multiple Pay Rate Processing
When you manage payroll in construction, you have to be aware of different pay rates and ensure everyone is being paid the right rate for the right hours. A payroll software for construction should include the ability to do this automatically.
Integration
Payroll software that integrates with your accounting system makes your accounting and bookkeeping systems much easier and more robust. When you can import your payroll information into your accounting system, your record-keeping becomes a lot easier and more accurate.
Job Cost
Construction companies depend highly on accurate job costing, and job costing is a natural part of their payroll process. Your payroll software should make job costing easy, accurate, and faster.
Easy To Customize
While construction companies share a lot of commonalities, every company is different and what a roofing contracting company needs for payroll may be different than, say, a plumbing or electrical company. You’ll need to be able to customize it to the unique types of work, materials, subcontractors, etc. that you use.
Certified Payroll
Many construction firms handle government contracts with complicated certified payroll needs. Your payroll solutions should cater to the intricate and meticulous requirements of doing certified payroll right, to avoid late or non-payment for your services.
Top Construction Payroll Software
When it comes to choosing the right construction payroll software for your business, it will depend on your company’s size, needs, and budget. Here are nine options to choose from, their features, prices, pros, and cons.
1. ClockShark
Pricing
Starts at just $8/month per user+ $7/month base fee.
Free 14-day trial.
Save Time and Money with ClockShark
2. Sage 100 Contractor
Sage 100 Contractor is an accounting software that includes accounting and project management tools for construction companies.
Pricing
Starts at $115.00 a month per user.
Learn more about Sage 100 Contractor Time Tracking Integration.
3. payroll4construction
Payroll4construction is an online payroll service, geared towards doing payroll for construction companies.
Pricing
Contact for pricing information.
4. ADP®
ADP® is an HR and payroll processing software designed for businesses of all sizes across multiple industries, including construction. Their payroll software uses RUN Powered by ADP® and ADP Workforce Now® which is an ideal way for construction companies - both large and small - to take advantage of this software platform.
Pricing
Contact for pricing information.
Learn more about ADP® Time Tracking Integration.
5. Xero
Xero is an accounting software that features a payroll integration with Gusto. It is available in the U.S. and Australia.
Pricing
Starts at $12 per month + optional payroll with Gusto add-on from $40/month.
Learn more about Xero Time Tracking Integration.
6. Paychex
Paychex is a human resource, payroll, and benefits outsourcing service for small- to medium-sized businesses.
Pricing
Starts at $39/month + $5 per employee.
Learn more about Paychex Time Tracking Integration.
7. MYOB
MYOB is an Australian-based, subscription accounting platform that offers multiple accounting features, including payroll.
Pricing
Starts at $14 per month.
Learn more about MYOB Time Tracking Integration.
8. Gusto
Gusto is a popular payroll solution that offers multiple benefits for companies of any size, including HR processes.
Pricing
Starts at $40 per month plus $6/per person.
Learn more about Gusto Time Tracking Integration.
9. Zenefits
Zenefits is an HR platform that offers payroll management features for small- and mid-sized businesses.
Pricing
Begins at $8 a month per employee plus $6/month for payroll.
10. Wagepoint
Wagepoint is a Canadian-based payroll solution that helps payroll professionals run payroll quickly and accurately.
Pricing
Pricing is based on the number of employees you have and how often they’re paid.
11. SumoPayroll
SumoPayroll is a payroll processing solution that features different HR management tools and other administrative tasks for small- to mid-sized businesses.
Pricing
Starts at $20 per month.
12. eBacon
eBacon is a cloud-based compliance software solution that focuses on certified payroll and fringe benefit management for construction companies.
Pricing
Contact for pricing information.
13. QuickBooks Payroll
QuickBooks is an accounting system that includes a payroll solution. QuickBooks Payroll Online automates the payroll process from within QuickBooks and can also integrate with other accounting software. While QuickBooks does have contractor payment options, it is not specific to construction.
Pricing
Starts at $31.50/mo plus $4.25/mo per employee or contractor.
Learn more about QuickBooks Time Tracking Integration.
Choose the Best Payroll Software for Your Construction Company
If you’re in construction, you already know you need the right tools to do the best jobs. That’s why it’s important to spend time researching the best options for your construction firm, your employees, your budget, and your needs. Take time to honestly assess where your payroll process needs help and what kinds of tools would be beneficial to your payroll management and help you run your business more efficiently.
Compare the Best Payroll Software For Construction Companies
Pricing | Free Trial | |
Starts at just $8/month per user + $7/month base fee. | ||
Starts at $115.00 a month per user | ||
Contact for pricing information | ||
Contact for pricing information | ||
Starts at $12 per month + optional payroll with Gusto add-on from $40/month. | ||
Starts at $39/month + $5 per employee | ||
Starts at $14 per month | ||
Starts at $40 per month plus $6/per person | ||
Begins at $8 a month per employee plus $6/month for payroll | ||
Pricing is based on the number of employees you have and how often they’re paid | ||
Starts at $20 per month | ||
Contact for pricing information | ||
Starts at $31.50/mo plus $4.25/mo per employee or contractor |