A detailed review of PenSoft's payroll software with pricing, comparisons to competitors, key info, and FAQs.

Updated on April 28th, 2023

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PenSoft develops, produces, supports, and distributes payroll software for small to mid-sized businesses. Even though PenSoft's payroll software is sophisticated and packed with features, it is easy enough for novices to use.

Also Consider

Gusto Payroll Software

Set up an account free.

Try Gusto

No extra fees.

Made for mobile.

Auto tax filing and digital paystubs.





From $289.00 /yr.

Automated taxes

Time tracking

Direct deposits

Expense management


Employee portal

Customer support

Phone and email.


While PenSoft's payroll software offers a decent selection of features for processing payroll, it lacks some of the more convenient ones, such as expense integration and automatic payments. However, clients will enjoy other useful tools, such as the ability to export payroll data as a spreadsheet or plain text, live chat support, and data migration.

PenSoft offers an affordable solution for small businesses in comparison to some rival platforms, such as Gusto and TriNet Zenefits. However, the competitors offer is a more robust suite of solutions to manage the entire employee lifecycle.


  • PenSoft features a range of plans to suit businesses of different sizes.
  • The software has a free 30-day trial on offer.
  • All packages include free and unlimited program support.
  • PenSoft offers payroll software as a download as well as hosted solutions.
  • The software handles fringe benefits, records and applies deductions, and automatically calculates taxes.
  • Users can import employee and timecard information to efficiently sort and manage company data.
  • The Premium plan includes job costing, time tracking, invoicing, and consolidated reporting.
  • Other tools include multistate payroll, quarterly software updates, electronic 1099s, and personnel labels.


  • The software has limited third-party integration capabilities.
  • Only higher-tiered plans include direct deposit file generation capabilities, W2 and 1099 form preparation, and job costing.


PenSoft is accredited by the Better Business Bureau and has an A+ rating on the platform. On G2, the software has a 4.5-star rating based on two reviews. Both users praised its ease of use, while one reviewer thought some automation features could be better.



2023 New Pricing

2023 Renewal Pricing

Lite: 1-25



Standard: 1-50



Standard: 51-100



Professional: 1-50



Professional: 51-100



Enterprise: 1-50



Enterprise: 51-100



Platinum: 1-50



Platinum: 51-100



Premier: 1-50



Premier: 51-100



*Plans are billed on an annual basis. Some are available for larger teams. Additional pricing is available online.

PenSoft vs. Gusto
PenSoft vs. Gusto:

Unlike PenSoft, Gusto does not offer a downloadable version of its software. While PenSoft is also more affordable than Gusto, its feature profile isn't as comprehensive. Gusto trumps PenSoft in terms of third-party integration capabilities and its selection of basic and advanced payroll features.

PenSoft vs. Gusto Comparison:




Starting price

$289.00 /yr.

$40.00 /mo. +$6.00 /employee /mo.

Automated taxes

Expense integration


Mobile access

Off-cycle payrolls


Customer support

Phone and email.

Phone and email.

PenSoft vs. TriNet Zenefits
PenSoft vs. TriNet Zenefits:

Of the two, TriNet Zenefits offers a wider range of payroll features, such as flexible payment schedules and lifetime accounts, and new hire reporting. While PenSoft's pricing starts at $289.00 per year, TriNet Zenefits charges $16.00 per employee per month for its payroll-inclusive plan. TriNet Zenefits also offers additional HR tools, which PenSoft lacks.

PenSoft vs. TriNet Zenefits Comparison:



TriNet Zenefits Essentials + Payroll

Starting price

$289.00 /yr.

$16.00 /employee /mo.

Automated taxes

Expense integration


Direct deposits

Employee self-service portal

Customer support

Phone and email.

Phone and email.

PenSoft vs. QuickBooks Payroll
PenSoft vs. QuickBooks Payroll:

Both PenSoft and QuickBooks Payroll are available as web-based and desktop software solutions. While PenSoft offers a decent feature profile at a more affordable price than QuickBooks Payroll, it does not have better integration capabilities than the latter.

PenSoft vs. QuickBooks Payroll Comparison:



QuickBooks Payroll

Starting price

$289.00 /yr.

$45.00 mo. +$5.00 /employee /mo.

Automated taxes

Direct deposits

Employee self-service portal

Mobile access

Customer support

Phone and email.

Phone and email.

Key Information:

Legal Name

Peninsula Software of Virginia, Inc.


Leroy Newman

Founding Date

Jan 01, 1983


151 Enterprise Dr., Newport News, VA 23603

Number of Employees


Number of Customers




1 (888) 736-7638



What is PenSoft?

PenSoft is a payroll solutions provider that offers software downloads as well as cloud-based payroll solutions.

What does PenSoft cost?

PenSoft's pricing starts at $289.00 per year for its Lite Edition.

Is there a PenSoft free trial?

Yes, PenSoft offers a free 30-day trial of its software.

What are some alternatives to PenSoft Payroll Solutions?