PenSoft

Review:

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.

Pros:

• 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.

Cons:

• 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.

Reputation:

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.