Last Reviewed: November 13th, 2024

Best PEO Software Of 2024

What is PEO Software?

Professional Employer Organization (PEO) software isn't just another HR tool; it's a comprehensive solution for small and mid-sized businesses. Imagine a single platform handling payroll, benefits administration, and even HR compliance – that's the power of PEO software. It tackles the burden of managing these tasks in-house, freeing up business owners to focus on growth. Benefits include increased efficiency, reduced costs associated with hiring a dedicated HR team, and peace of mind knowing a PEO assumes some employer responsibilities (co-employment). This software integrates seamlessly with features like payroll processing, benefit plan selection, and compliance assistance. Emerging features focus on self-service options for employees, allowing them to access paystubs and update personal information. PEO software is a game-changer for startups, restaurants, and other businesses where HR tasks can easily become overwhelming. While some control over employee relations might be sacrificed in a co-employment model, the overall value proposition is strong. PEO software empowers businesses to streamline HR, reduce costs, and focus on what they do best.

What Are The Key Benefits of PEO Software?

  • Reduced HR Workload
  • Simplified Payroll & Taxes
  • Cost Savings (HR & Benefits)
  • Improved Compliance (Safety & Labor)
  • Access to Competitive Benefits
  • Streamlined Risk Management
  • Enhanced Employee Self-Service
  • Scalability for Business Growth
  • Expert HR Guidance
  • Reduced Workers' Comp Costs
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Overall

Based on the latest available data collected by SelectHub for 28 solutions, we determined the following solutions are the best PEO Software overall:

Start Price
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Monthly
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Why We Picked Paychex Flex

Paychex Flex is a solid payroll processing system best liked for its ease of use, positive customer service interactions, fair price and useful functionality. However, it comes with several drawbacks as well. While it’s easy to use, the onboarding takes time and can be initially frustrating. The customer service is good but the high turnover with representatives can be trying. A small but significant percentage had problems with the time and attendance features, either having issues with their punches not being registered or issues with the physical biometric clocks. Overall, it seems best for small and medium businesses looking to automate their payroll. Any organization with multiple types of workers, complex pay rules or many different kinds of income to report should be sure to demo the system carefully and may want to find a more complex option.

Pros & Cons

  • User-Friendly: Just under 50% of reviews said the user experience was good and the interface worked well.
  • Good Support: Around 40% had good interactions with customer service and were happy with their level of care.
  • Proper Functionality: One-third of reviewers felt that the system was fully equipped with the tools they needed and especially liked the efficient payroll processing, benefits management, the transparency employees had on their payments and the PTO features.
  • Value for Price: Around 20% of reviews felt happy with the price and said it was well worth it.
  • Issues with Features: Just under 40% of reviewers felt the features were lacking. The biggest concerns were that the UI was difficult to learn initially and the reporting wasn’t sophisticated enough.
  • Time and Attendance Systems: Over 20% of users had problems with the punching system or the biometric clocks.
  • Poor Customer Service: While users felt that the customer service was helpful overall, they noted a high rate of turnover with their reps which often led to gaps in service.

Key Features

  • Online Payroll: Handle payroll management. Automatically calculate taxes, payments and files. View critical data, including the cash required for upcoming paydays. Use safeguards such as notifications to prevent errors. Employees can access direct deposit and pay stub information directly. Last, administrators can access documentation and records like cash requirements, the payroll journal and tax deposit notices.
  • Tax Administration: Calculate taxes, add hours to each pay period, file returns and set up direct deposit.
  • Mobile: Access information on W-2s, direct deposit and other important information. For organizations that want to use the solution’s attendance functionality, workers can easily punch in and out on the app. Run it on smartphones and tablets with iOS or Android. It requires iOS 12.0 or higher and an Android OS of 7.0 or higher to run.
  • Reporting: Comes with over 160 dashboards and reports. Access reporting for payroll journals, department summaries, notices of tax deposits and cash requirements. For businesses looking for more robust options, look into the workforce management options.
  • Multiple Versions: Choose from a variety of purchase options to select the option that best meets business needs. The packages include:
    • Small Business Payroll: Use for businesses with under 50 workers. Use payment processing and access to the mobile app. Calculate state, federal and local taxes. Finish onboarding, complete forms, edit personal info and see compensation data. Provide direct deposit, pay cards and paper check for payment options. For businesses with multiple worker types, offer payment hourly, by salary or by contract. Provide help with labor compliance, garnishment payments, new hire reporting and over 160 reports for analytics.
    • Mid-Sized Business Payroll: Use for businesses with 10 to 49 employees. Handle applicant tracking, attendance, recruiting, onboarding, hiring, health benefits, retirement, health insurance and other similar administrative tasks. Expand the platform HR capabilities by including HR record management, an events calendar and reporting and analytics for the department.
    • Enterprise Payroll Management: Use for 50 to over 1,000 workers. Provide more robust HR abilities in addition to compensation management. Works for hiring, recruiting, training, compliance, handling offboarding, applicant tracking, time and attendance, health benefits, HR record management, an events calendar, retirement and expanded HR analytics.
  • Benefits: Complete the benefits management process. Run enrollment and analyze data. Manage group health insurance, retirement, section 125 plans, FSAs, POPs, retirement and more. Update information in real time and change benefit data easily. Give employers more control over invoices, benefit costs and bill reconciliations. Work with financial advisers and educate staff about the retirement plan offerings.
  • Compliance: Keep up with new tax laws and determine the status of essential laws like the Affordable Care Act.
  • Workplace Analytics: Analyze data and create a staff and workforce strategy. Create reports for analytics, HR, payroll and benefits. Generate customized reports for more detail. Provide accountants, financial advisors or bookkeepers with the access they need. Access the quick answers function, giving info on total earnings, net pay, tax liability and hours without pulling a full report. View live reporting to see information as it happens. Export information in various file types, including CSV, fixed-width, PDF and XLS. Send data to third-party software where users can add fields, adjust formatting or even build graphs.
  • Time and Attendance: Provide several options for tracking time and clocking in and out. It integrates with other solutions to track labor costs.
    • Time Kiosk: Allow employers to turn a tablet into a time clock where employees can punch in and out, do job transfer and register lunches and breaks.
    • TrueShift: Offer a time clock that has automated tracking and reporting, making it easy to import to payroll. Use biometric technology to prevent buddy punching. Track up to 500 workers per clock and connect to up to 32 other clocks. Punch in via web or mobile and use a backup camera to verify punches and keep compliant. It can track overtime pay and other wage requirements. Print and email timecard reports and clock in or out with a fingerprint, proximity badge, web punch or PIN entry.
    • InVision Iris Recognition Time Clock: Use iris recognition to ensure employees are working. Integrate with the rest of the HR and time and attendance. Prevent rework and cut down on errors. It works with contacts, goggles, glasses and face masks up to 15 inches away. Track up to 50,000 workers. Unlike a retinal scanner, it doesn’t store images. Instead, encrypt templates to guarantee privacy.
  • Online Learning: Use the built-in learning system. Provide eight free courses to users and customize/build current training, classes, quizzes and videos. Promote skill acquisition, up-skilling and career development. Run classes for on and offsite students. Use the calendar to schedule an in-person training, track transcripts and create content. Access the additional content libraries for purchase and provide surveys so employers can get feedback. Subjects include business, HR compliance, leadership, management, sales, software and workplace safety.
  • Payment Options: Gives options for paying employees, including same-day ACH capability, direct deposit, paper checks and pay cards.
  • Accounting: Manage payment and HR data with the accounting-specific dashboard. Access a library of resources, including tax forms and CPE courses. Import files through the general ledger service and post payroll data through the enterprise solution. Integrate with Sage Intacct, QuickBooks and Xero. Upload or download many files for one or multiple companies from one location.
  • Workers Compensation: Handle workers’ compensation covering medical expenses and lost wages while still ensuring stable cash flow. Provide insurance plans from A-rated national carriers.
  • Onboarding: Give new employees paperwork to fill out online. Customize the experience with personalized messages, welcome videos or other information about the company culture.
  • Payroll Protection: Let managers extend funds from a bank account for up to seven days without services being interrupted or charges for insufficient funds. Process two same-day ACH requests for a last-minute payroll, correcting pay or adding an employee. Help build business credit, deal with fraud, gain small business loans and more.
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Why We Picked Rippling

Navigating the realm of human resources software can feel like venturing into a labyrinth, but Rippling appears to be a guiding light for many businesses. Users frequently highlight its user-friendly interface, making it accessible even for those with limited experience in HR software. Affordability is another key factor that resonates with users, especially when compared to the often hefty price tags of similar solutions. The comprehensive suite of features offered by Rippling further solidifies its appeal, encompassing everything from payroll and benefits administration to talent management and time tracking. This all-in-one approach eliminates the need for multiple, disparate systems, streamlining HR processes and reducing administrative burdens.

Rippling distinguishes itself through its seamless integrations with third-party applications, such as Slack, Zoom, and Microsoft Office 365. This interconnectedness fosters a more cohesive and efficient work environment, allowing data to flow effortlessly between different platforms. Additionally, Rippling's automation capabilities empower businesses to automate repetitive tasks, such as onboarding new employees or processing payroll, freeing up valuable time and resources. The platform's robust reporting and analytics tools provide valuable insights into workforce trends and performance, enabling data-driven decision-making.

Considering its strengths and weaknesses, Rippling emerges as an ideal solution for small to medium-sized businesses seeking a comprehensive, yet affordable and user-friendly HR platform. Its scalability ensures that it can grow alongside a business, adapting to evolving needs and complexities. While larger enterprises with more intricate HR requirements might require a more customizable solution, Rippling's core functionalities and ease of use make it a compelling choice for businesses looking to optimize their HR operations and enhance overall efficiency.

Pros & Cons

  • Global Payroll and Benefits: Rippling streamlines international payroll and benefits administration, eliminating the need for disparate systems and manual processes.
  • Automated Onboarding and Offboarding: New hires can be onboarded efficiently with automated workflows that handle paperwork, equipment provisioning, and systems access. Similarly, offboarding processes are streamlined, ensuring smooth transitions and compliance.
  • Customizable Workflows: Rippling allows HR teams to create custom workflows tailored to their specific needs, automating tasks such as approvals, data collection, and notifications.
  • Integrations: Rippling integrates seamlessly with various HR and business applications, including payroll, benefits, time and attendance, and applicant tracking systems, creating a unified HR ecosystem.
  • Steep Learning Curve: The platform's complexity can be overwhelming for new users, especially those unfamiliar with HR software. Navigating the interface and understanding its features may require significant time investment and training.
  • Customer Support Challenges: Some users have reported difficulties reaching customer support or experiencing slow response times, leading to frustration when seeking assistance with technical issues or general inquiries.
  • Integrations and Customization Limitations: While Rippling offers various integrations, it may not seamlessly connect with all existing HR systems or third-party tools used by businesses, potentially requiring additional configuration or workarounds.

Key Features

  • Onboarding and Offboarding: Onboard employees across departments from anywhere in the world with a single click, setting up payroll, benefits, devices, and apps like Slack and Microsoft 365 within 90 seconds, according to the vendor. When employees are offboarded, the system automatically disables departing employees’ devices. 
  • Payroll: Users need not worry about deductions, paid time off or promotions — the payroll feature is synced with all employee data and HR systems. New hires are set up in payroll and pro-rated automatically. Tools like payrun comparison allow users to compare the current pay run against a previous one, so they can see how variables like promotions and PTO affect employee pay stubs. The module’s global payroll feature expands HR, IT and financial services abroad.
  • Benefits Administration: The system streamlines all a company’s benefits offerings in one place, from healthcare to 401(k)s. Users can choose from preexisting benefits or shop for new benefits, receiving recommendations on the best options. They can also talk with a licensed Rippling advisor or invite their own broker. New hires are automatically invited to review benefit plans and enroll online. 
  • Workflow Management: Automates changes in the chain of approval, empowering managers to define and execute changes quickly and easily. Managers can and make changes, like giving someone a raise, without giving up control.
  • Time Tracking: Managers can set a PTO policy that meets the team's requirements. They can then review and approve vacation requests with a click. Logged hours and paid time off are synced with payroll. 
  • ATS: Rippling Recruiting offers a comprehensive toolset, from candidate assessments and in-platform scheduling to feedback forms and customizable email templates. One-click hiring workflows make it easier to manage onboarding. It also integrates with Rippling Headcount Planning and Compensation Band.
  • Rippling Headcount Planning and Compensation Bands: Achieve visibility and alignment for HR, finance and hiring managers with a single source of data and better access controls.
    • Stakeholders can view actual and projected headcount, and automation saves time during the approval process.
    • Compensation reporting helps track pay trends and prevent over or underpaying. Workflows provide alerts when compa-ratios change and automate the process of enforcing compensation policies.
  • ACA and Cobra Administration: Ensures compliance by automatically delivering ACA notices, and it collects and submits employees’ COBRA payments. It also offers FSA, HSA and commuter benefits on one, pre-tax debit card. 
  • IT and Operations Management: Users can automatically buy, configure, secure and manage company devices — both Apple and Android — with an IT system connected to a single employee record. Administrators gain total visibility into every device across the company. They can remotely track employees’ security status and app usage, make changes, and re-assign devices to new employees. They can also install apps on work computers according to attributes like role and location. 
  • Security: Facilitates app management, controls employee access with single sign-on (SSO), and ensures data security with multi-factor authentication and device encryption features. Managers can disable computers during offboarding, encrypt employees’ hard drives, enable multi-factor authentication, push OS and security updates, and lock and wipe lost or stolen devices. 
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Why We Picked Justworks

Justworks is a popular PEO and payroll solution for smaller businesses that need to relieve manual administrative workloads and teams operating in various locations, requiring added flexibility.

It provides a unified platform for HR, benefits, onboarding and compliance. Some standout features include PTO tracking, overtime alerts, international payment and onboarding options, and resources to prioritize employee health and wellness, like Kindbody and Peloton.

Additionally, Justworks supports international contractor payments in over 30 countries, allowing payments in local currencies and providing visibility into exchange rates. The platform offers features for international hiring and onboarding through global employer of record (EOR) services.

There are two payroll service options: Justworks Payroll and Justworks PEO. Justworks Payroll is suitable for small teams or contractor-only businesses in select states. Justworks PEO offers an all-in-one solution for businesses operating in multiple states with up to 200 W-2 employees. The PEO option includes bundled payroll, compliance, HR and benefits access, making it ideal for businesses seeking comprehensive support.

Users can get comprehensive tax support and integrate with accounting software, including Xero and QuickBooks. It's a certified professional employer organization (CPEO), distinguishing it from other payroll providers.

Overall, Justworks is a great option for SMBs looking for a robust solution with responsive customer service.

Pros & Cons

  • Intuitive Design: 94% of users report its interface is user-friendly, easy to navigate and efficient, also commending it for being a one-stop shop for HR.
  • Comprehensive Onboarding: 80% enjoyed their onboarding experience, stating it was thorough and simple, and support was readily available throughout the process.
  • Customer Support: Overall, Justworks' customer support receives high praise from users, with many highlighting its knowledgeable staff, responsiveness and accessibility.
  • Benefits Management: 78% of users found benefits management and enrollment comprehensive, straightforward, and easy to use.
  • Price: Most users who comment on cost note that Justworks' pricing can be expensive, particularly for larger teams.
  • Mobile App: 60% of users find the mobile app lacking compared to the desktop version, as not all features are available. Additionally, they report experiencing downtime for app maintenance during certain work hours.
  • Talent Management: Users who mentioned talent management express a desire for more robust features, including goal tracking.

Key Features

  • Benefits Administration: Administer retirement packages via Slavic401k, offering assets from renowned mutual funds like Vanguard and Fidelity. Get 24/7 support for benefit inquiries, access benefit elections through the Justworks dashboard or mobile app, and choose from a range of nationwide health insurance plans.
  • Onboarding: Automate onboarding from start to finish. Employees can enter direct deposit information and select health insurance plans.
  • Payroll Automation: Pay part-time, full-time, and salaried employees and contractors regardless of pay schedules and automate direct deposits.
  • Reporting: Prebuilt report templates allow administrators to create and customize reports with real-time data.
  • Tax Administration: Automate tax filing by calculating deductions and withholdings, filing W-2s, and streamlining other aspects of the tax filing process.
  • Compliance Management: Justworks handles employer-related tax filing and provides up-to-date information on labor laws. Additionally, it assists with payroll tax compliance, workers' compensation, harassment prevention training, and state unemployment insurance, offering guidance and support to navigate these areas effectively.
  • Employee Wellness: Teams enrolled in benefits can access counseling services through the Health Advocate Employee Assistance Program (EAP) and via Talkspace. There's also the option of commuter benefits through ConnectYourCare.
  • Document Management: Generate, send and track documents, and enable electronic signatures. Consolidate important forms like W-2s and 1099s into one accessible location.
  • Time Tracking: Track worked hours through geofencing (available on the mobile app), online or Slack. Schedule shifts and use compliance safeguards like overtime monitoring and automated reminders. Automatically calculate the payment amount for each pay period by synchronizing time cards with payroll data.
  • International Payments: Pay international contractors in 28+ countries in local currencies and view exchange rates. View payment reports with preset or custom date ranges for financial tracking.
  • Integrations: Integrate with popular accounting software like Xero and QuickBooks Online. Enhance your time and attendance capabilities by connecting with third-party platforms like TSheets and Boomr and sync with Greenhouse for onboarding.
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Why We Picked Omnipresent

Is Omnipresent truly omnipresent in the world of Employer of Record (EOR) solutions, or does it fall short? User reviews from the last year reveal a mixed bag. Omnipresent shines when it comes to its global reach and comprehensive services. The platform's ability to support hiring in over 160 countries is a major plus, especially for companies aiming to tap into a diverse talent pool without the headache of navigating complex local labor laws. Users specifically praise Omnipresent for its intuitive platform, which simplifies onboarding and management tasks, making it a hit among those who dread administrative hurdles. However, the platform isn't without its drawbacks. The most common gripe is the pricing, which some users, particularly smaller businesses and startups, find a bit hard to swallow. There are also concerns about inconsistencies in service quality, often attributed to turnover in account management teams. Some users have reported experiencing a dip in service quality during these transitions, highlighting a potential area for improvement.

What truly sets Omnipresent apart is its dedication to compliance and its user-friendly approach. Unlike some competitors who might offer a narrower range of services or focus on specific regions, Omnipresent positions itself as a one-stop shop for global hiring needs. This is particularly important for businesses venturing into new territories for the first time, as it provides a safety net against potential legal pitfalls. However, the occasional inconsistencies in service quality, particularly regarding communication about crucial processes like visa applications, can be a cause for concern. While these instances seem to be exceptions rather than the rule, they underscore the importance of clear and consistent communication between Omnipresent and its clients.

In conclusion, Omnipresent emerges as a powerful tool for businesses, particularly those with ambitious global hiring plans. Its strengths lie in its expansive reach, comprehensive services, and user-friendly platform, making it an ideal choice for companies looking to scale their operations internationally without getting bogged down by administrative complexities. However, potential users should be mindful of the pricing, which might be a deciding factor for smaller businesses, and emphasize the need for clear and consistent communication with their account management teams.

Pros & Cons

  • Global Expertise: Omnipresent takes the guesswork out of international employment by expertly handling payroll, benefits, and compliance with local laws in over 160 countries.
  • Excellent Support: Users consistently praise Omnipresent's responsive customer service team for providing real-time assistance and expert guidance on navigating the complexities of international employment.
  • Seamless Platform: Onboarding and managing payroll is a breeze with Omnipresent's user-friendly platform, simplifying HR tasks for businesses.
  • Full-Service Solution: Omnipresent acts as a one-stop shop for international employment needs, managing everything from onboarding and payroll to benefits and complex tax matters.
  • Tech-Forward Approach: Omnipresent integrates seamlessly with existing HR tools and offers advanced features like expense management and custom reporting, streamlining HR operations.
  • Cost: Omnipresent can be more expensive than some of its competitors.
  • Communication Issues: Users have reported occasional internal communication problems and changing points of contact, leading to frustration and delays.
  • Support Response Times: Some users have experienced slow response times to support tickets, even for critical issues like payroll problems.
  • Payroll Issues: Some users have reported inconsistencies in payment schedules, including issues with holiday payments, pensions, and contractor payslips.
  • Lack of Payslip Detail: Payslips provided by Omnipresent can be basic, lacking detailed breakdowns of expenses and currency conversions, making it difficult to track costs effectively.

Key Features

  • Global Compliance: Ensures adherence to local labor laws and regulations across over 160 countries.
  • Automated Payroll: Streamlines payroll processing with automated calculations and timely disbursements.
  • Employee Onboarding: Simplifies the onboarding process with digital document management and e-signatures.
  • Benefits Administration: Manages employee benefits packages, including health insurance and retirement plans, tailored to local markets.
  • HR Support: Provides dedicated HR support for handling employee queries and issues, ensuring smooth operations.
  • Tax Management: Handles tax filings and deductions accurately, reducing the risk of compliance issues.
  • Time Tracking: Integrates time tracking tools to monitor employee hours and productivity efficiently.
  • Expense Management: Facilitates the submission, approval, and reimbursement of employee expenses.
  • Data Security: Implements robust security measures to protect sensitive employee and company data.
  • Custom Reporting: Offers customizable reports for insights into payroll, compliance, and HR metrics.
  • Multi-Currency Support: Handles transactions in multiple currencies, accommodating global financial operations.
  • Integration Capabilities: Seamlessly integrates with existing HR and accounting software for streamlined workflows.
  • Legal Expertise: Provides access to legal experts for navigating complex employment laws and regulations.
  • Scalability: Supports businesses of all sizes, from startups to large enterprises, with scalable solutions.
  • Employee Self-Service Portal: Empowers employees to access their payroll, benefits, and personal information independently.
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Why We Picked Deel

Is Deel really a big deal in the world of global HR solutions? User reviews from the past year suggest that it might just be. Deel receives high praise for its user-friendly interface, which even those with limited HR experience find easy to navigate. This ease of use is a key differentiator, as it allows businesses to manage complex tasks like international payroll and compliance without getting bogged down in complicated processes. Users also rave about Deel's comprehensive features, particularly its robust Employer of Record (EOR) services that simplify managing a global workforce. For instance, one user highlighted the convenience of Deel's debit card and payment scheduling features, demonstrating the platform's practicality in handling international payments.

However, no software is without its drawbacks. Some users have reported occasional bugs and glitches that disrupt their workflow. Others have expressed a desire for more withdrawal and deposit options. While Deel's customer support is generally well-regarded for its responsiveness and 24/7 availability, a few users have mentioned encountering a slight learning curve when navigating some of the platform's more advanced functionalities. Despite these minor drawbacks, Deel is overwhelmingly viewed as a reliable and efficient solution for global HR management, particularly for businesses with international teams. Its intuitive design, comprehensive features, and strong customer support make it a valuable tool for streamlining HR processes and ensuring compliance in the complex world of global employment.

Pros & Cons

  • Global Expertise: Deel excels in managing international payroll and compliance, offering localized legal contracts in over 150 countries, making it ideal for businesses with a global workforce.
  • User-Friendly Interface: Users praise Deel's intuitive design, which simplifies managing payroll, contracts, and compliance within a single platform.
  • Exceptional Support: Deel is known for its outstanding customer support, available 24/7 via various channels, including live chat, phone, and video support.
  • Efficiency and Automation: Deel streamlines complex HR tasks, such as payroll and compliance, ensuring quick and secure transactions, saving businesses time and reducing errors.
  • Subpar Support: Customer support receives mixed reviews, with some users experiencing unhelpful or slow responses, potentially leaving their urgent HR issues unresolved.
  • Visa Delays: Some users report experiencing visa processing delays, a significant concern for businesses needing international talent quickly.
  • Document Management Frustrations: A few users find the document management system inefficient, potentially slowing down HR processes and impacting user satisfaction.

Key Features

  • Payroll and Invoicing: Simplify paying full-time employees and contract or freelance workers with automated invoicing and payments.
  • Leave Management: Organize and manage vacations, sick days and general PTO requests. View annual leave time and usage on employees’ accounts, helping prevent burnout. Easy access to time off helps plan around absences. 
  • Benefits Administration: The benefit tool helps streamline benefits enrollment by providing information on competitive benefit plans and mandatory and optional benefits in 50 countries. 
  • Compliance Management: Stay legally and regulatorily compliant even if hiring internationally. Deel provides in-house payroll experts for navigating compliance, onboarding and offboarding support, generating contracts, and conducting background checks. 
  • Integrations: Coordinate HR duties with helpful integrations like Xero for accounting and Jibble for time tracking. 
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Why We Picked Engage PEO

Want to know if Engage PEO is the engaging solution your business needs? User reviews from the last year paint a largely positive picture of Engage PEO, particularly for small and mid-sized businesses seeking to streamline their HR processes. Engage PEO shines in its ability to provide customized solutions, expert HR support, and cost-effective services. Clients rave about the personalized attention they receive, highlighting Engage PEO's commitment to understanding their unique needs. For instance, one business owner noted how Engage PEO's team went above and beyond to develop a tailored benefits package that met both their budget and employee expectations. This personalized approach, coupled with a team of seasoned HR professionals, gives businesses peace of mind knowing that their HR needs are handled with care and expertise.

However, some users point out that Engage PEO's pricing, while generally considered competitive, might be less suitable for very small businesses with extremely tight budgets. Additionally, while Engage PEO offers a comprehensive suite of services, some niche businesses might require more specialized HR solutions not covered in their standard packages. Overall, Engage PEO emerges as a top contender for small and mid-sized businesses seeking a reliable and dedicated HR partner. Its focus on customized solutions, expert support, and cost-effectiveness makes it a valuable asset for businesses looking to streamline their HR functions and focus on growth.

Pros & Cons

  • Personalized HR Solutions: Engage PEO is known for tailoring its services to meet the specific needs of each business.
  • Expert HR Support: Clients can access a team of seasoned HR professionals for advice and support.
  • Cost-Effectiveness: Outsourcing HR tasks to Engage PEO can be more affordable than managing them in-house for many businesses.
  • Strong Compliance Focus: Engage PEO prioritizes compliance, ensuring businesses adhere to employment laws and regulations, potentially saving them from penalties.
  • Access to Benefits: Engage PEO provides access to a range of benefits, including health insurance, 401(k) plans, and employee assistance programs, which can help attract and retain talent.
  • Cost Considerations for Small Businesses: Engage PEO's services might be less cost-effective for very small businesses with limited HR needs.
  • Limited Niche Specialization: Businesses in highly specialized or niche industries might require more tailored HR solutions than Engage PEO currently offers.

Key Features

  • Comprehensive HR Management: Streamlines HR processes including employee onboarding, benefits administration, and compliance tracking.
  • Payroll Processing: Automates payroll calculations, tax withholdings, and direct deposits, ensuring timely and accurate payments.
  • Employee Self-Service Portal: Provides employees with access to their personal information, pay stubs, and benefits details through a secure online portal.
  • Compliance Support: Helps businesses stay compliant with federal, state, and local employment laws, reducing the risk of legal issues.
  • Benefits Administration: Manages employee benefits programs, including health insurance, retirement plans, and other perks, simplifying enrollment and management.
  • Time and Attendance Tracking: Tracks employee hours, manages leave requests, and integrates with payroll for accurate timekeeping.
  • Performance Management: Facilitates performance reviews, goal setting, and employee feedback, promoting a culture of continuous improvement.
  • Recruitment and Onboarding: Streamlines the hiring process from job posting to candidate selection and onboarding, ensuring a smooth transition for new hires.
  • Risk Management: Provides tools and resources to identify, assess, and mitigate workplace risks, enhancing overall safety and compliance.
  • Training and Development: Offers a variety of training programs and resources to support employee growth and development.
  • Customizable Reporting: Generates detailed reports on HR metrics, payroll, and compliance, providing valuable insights for decision-making.
  • Dedicated HR Support: Access to experienced HR professionals who provide guidance and support tailored to your business needs.
  • Scalability: Adapts to the changing needs of your business, whether you are a small startup or a growing enterprise.
  • Integration Capabilities: Seamlessly integrates with other business software and systems, enhancing overall efficiency and data accuracy.
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Why We Picked Velocity Global

How can Velocity Global help your company achieve global domination, you ask? User reviews from the past year reveal a resounding thumbs-up for Velocity Global's Employer of Record (EOR) services. Across platforms like Comparably and G2, clients and employees alike praise the company's user-friendly online platform, which simplifies complex processes like global payroll and benefits management. This is a significant advantage, as it allows companies to focus on their core business rather than getting bogged down in administrative tasks. Users also highlight the exceptional customer support, describing interactions as efficient and helpful.

However, a recurring criticism centers around the lack of transparent pricing, requiring potential clients to reach out to sales representatives for personalized quotes. This lack of upfront pricing information can be a hurdle for some businesses, especially smaller ones that may not have the time or resources to engage in lengthy sales conversations. Despite this drawback, Velocity Global's ability to streamline global hiring, ensure compliance with international labor laws, and provide top-notch support makes it a compelling choice for businesses of all sizes looking to expand their workforce internationally.

Pros & Cons

  • Streamlined Global Hiring: Velocity Global simplifies international hiring through its Employer of Record (EOR) service, managing legal complexities and compliance with local employment laws in over 185 countries. This allows businesses to focus on their core operations while expanding their reach globally.
  • Comprehensive Global Payroll Solutions: Velocity Global excels in providing comprehensive global payroll support, ensuring accurate and compliant payroll processing for international employees. Their expertise in local regulations and multi-country payroll management eliminates the need for businesses to navigate complex payroll processes in unfamiliar regions.
  • Robust Online Platform and Support: Users praise Velocity Global's intuitive online platform, which facilitates efficient HR management, including onboarding, document management, and payroll viewing. They also commend the company's responsive customer service and readily available support structure, ensuring smooth operations and quick issue resolution.
  • Attractive Benefits Packages: Velocity Global stands out by offering robust employee benefits management, including comprehensive medical, life, and retirement plans tailored to local regulations in each country they operate. This focus on attractive benefits packages helps businesses attract and retain top-tier talent in competitive international markets.
  • Pricing Opacity: Velocity Global doesn't publicly disclose its pricing structure, requiring potential clients to contact their sales team for personalized quotes. This lack of transparency can be frustrating for businesses seeking to compare costs upfront.

Key Features

  • Global Payroll Management: Streamlines payroll processes across multiple countries, ensuring compliance with local regulations.
  • Compliance Assurance: Provides expertise in local labor laws and tax regulations to mitigate compliance risks.
  • Onboarding and Offboarding: Facilitates smooth transitions for employees entering or exiting the company, with tailored processes for each country.
  • Benefits Administration: Manages employee benefits packages, including health insurance and retirement plans, tailored to local standards.
  • HR Support: Offers dedicated HR support to handle employee queries and issues, ensuring a seamless experience.
  • Time and Attendance Tracking: Integrates time-tracking tools to monitor employee hours and attendance accurately.
  • Expense Management: Simplifies the process of tracking and reimbursing employee expenses, with detailed reporting capabilities.
  • Data Security: Implements robust security measures to protect sensitive employee and company data.
  • Custom Reporting: Provides customizable reports to give insights into workforce metrics and financial data.
  • Integration Capabilities: Seamlessly integrates with existing HR and payroll systems for a unified workflow.
  • Employee Self-Service Portal: Empowers employees to access their payroll, benefits, and personal information through a secure online portal.
  • Multi-Currency Support: Handles payroll and expenses in various currencies, accommodating global financial operations.
  • Legal Entity Setup: Assists in establishing legal entities in new markets, reducing the complexity of international expansion.
  • 24/7 Customer Support: Provides round-the-clock assistance to address any issues or concerns promptly.
  • Scalability: Adapts to the growing needs of businesses, whether expanding into new regions or increasing workforce size.
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Why We Picked Oyster HR

Is Oyster HR the pearl of global employment platforms, or is it just a grain of sand? User reviews from the last year suggest that Oyster HR is a valuable tool for businesses looking to navigate the complex world of international hiring, but it might not be the perfect fit for everyone. Users rave about Oyster HR's user-friendly interface, highlighting its intuitive design that simplifies complex tasks like onboarding and payroll. One user mentioned that compared to competitors they've used, Oyster is much more user-friendly. They also appreciate the platform's comprehensive global payroll capabilities, which effortlessly handle multiple currencies and countries, making it a breeze to pay international employees. However, some users find Oyster HR's pricing to be a bit steep, especially for smaller businesses or startups with limited budgets. Another area for improvement is the platform's reporting and analytics features, which some users find to be lacking in depth compared to other EOR providers.

Oyster HR's differentiating factor lies in its ability to streamline global employment by handling the intricacies of local labor laws, compliance, and payroll, allowing businesses to focus on what they do best. For instance, Oyster HR ensures businesses stay compliant with local regulations in over 180 countries, eliminating the need for businesses to navigate the complexities of international labor laws themselves. This makes Oyster HR particularly well-suited for businesses with remote teams spread across the globe, startups looking to scale quickly, and HR departments seeking a comprehensive solution for managing their global workforce. However, larger enterprises with more complex needs and organizations that prefer a more hands-on approach to HR might find Oyster HR's offerings a bit limiting.

Pros & Cons

  • Simplified Global Hiring: Oyster HR streamlines the often complex process of hiring and managing employees across borders, acting as the legal employer and handling payroll, benefits, and compliance.
  • Effortless Onboarding: New hires experience a smooth and efficient onboarding process, enabling them to integrate into their roles swiftly.
  • International Payroll Expertise: The platform ensures accurate and timely payroll processing for global teams, removing the headache of navigating varying international regulations.
  • Built-in Compliance: Oyster HR possesses a robust compliance framework, minimizing the risk of legal issues for businesses operating in multiple countries.
  • Cost: Oyster HR can be pricey, especially for businesses with tight budgets or those just starting out. The various fees associated with the platform can add up quickly.
  • Limited Analytics: While functional, Oyster HR's reporting features aren't as robust as some competitors. Businesses needing in-depth data analysis might find the platform lacking.
  • Paid Advanced Features: Some advanced features, which businesses might expect in a comprehensive EOR solution, are only available as add-ons, potentially increasing overall costs.

Key Features

  • Global Compliance: Ensures adherence to local labor laws and regulations across multiple countries, reducing legal risks.
  • Automated Payroll: Streamlines payroll processing with automated calculations and timely disbursements, supporting multiple currencies.
  • Employee Onboarding: Simplifies the onboarding process with digital document management and e-signature capabilities.
  • Benefits Administration: Manages employee benefits packages, including health insurance and retirement plans, tailored to local markets.
  • Time and Attendance Tracking: Monitors employee work hours and attendance with integrated time-tracking tools.
  • Expense Management: Facilitates the submission, approval, and reimbursement of employee expenses through a user-friendly interface.
  • HR Analytics: Provides actionable insights through detailed reports and dashboards on workforce metrics and trends.
  • Document Storage: Offers secure storage for employee records and HR documents, ensuring easy access and compliance with data protection laws.
  • Multi-Language Support: Accommodates a diverse workforce with support for multiple languages in the platform.
  • Customizable Workflows: Allows HR teams to tailor workflows to fit specific organizational processes and requirements.
  • Integration Capabilities: Seamlessly integrates with other HR and business software, such as ATS and ERP systems, for a unified experience.
  • Employee Self-Service Portal: Empowers employees to manage their personal information, view payslips, and request time off through a dedicated portal.
  • 24/7 Support: Provides round-the-clock customer support to address any issues or queries promptly.
  • Scalability: Adapts to the growing needs of businesses, from startups to large enterprises, without compromising performance.
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Why We Picked Papaya Global

User reviews for Papaya Global paint a vivid picture of a powerful and user-friendly platform aimed at simplifying global payroll. Many users laud its automation capabilities, praising it for saving time and reducing manual work. "Papaya automates everything from tax calculations to payments, freeing up our HR team to focus on strategic initiatives," says one reviewer. This is a major advantage over traditional payroll solutions, often described as cumbersome and prone to errors. However, some users point out Papaya's limitations in customization. While its standardized platform excels in broad strokes, it may not bend to every unique business need. "We love the ease of use," says one reviewer, "but wish there were more options for tailor-made reporting." In comparison, users report that competitors like Deel offer stronger customization options, but at the expense of Papaya's user-friendliness. Papaya's global reach is another key differentiator. With support for payroll in over 160 countries, it simplifies managing a distributed workforce with ease. "Our company has employees all over the world," says one reviewer, "and Papaya handles compliance and payments seamlessly across all locations." Users find this a significant advantage over regional payroll providers, who are often limited to specific countries. Ultimately, user reviews suggest Papaya Global shines for businesses seeking a user-friendly platform to manage global payroll efficiently. Its automation tools and extensive country coverage stand out, but those requiring deep customization may need to explore further. As one reviewer summarizes, "Papaya takes the headache out of global payroll, but be prepared to adapt your processes to its structure."

Pros & Cons

  • Saves Time and Effort: Automates manual tasks like tax calculations, payments, and reporting, freeing up HR teams to focus on strategic initiatives.
  • Improves Accuracy and Compliance: Ensures adherence to local regulations and minimizes the risk of errors and penalties.
  • Streamlines Global Payroll: Manages payroll for a distributed workforce across 160+ countries with ease and consistency.
  • Provides Real-Time Insights: Offers a centralized dashboard with real-time data visibility for informed decision-making.
  • Scales with Your Business: Pay-per-employee pricing model adapts to businesses of all sizes and growth stages.
  • Limited Customization: May not fully accommodate unique business processes or reporting needs beyond its standard features.
  • Potential Integration Challenges: Integration with existing HR systems or third-party tools might require additional setup or workarounds.
  • Occasional Bugs and Reporting Delays: Users have reported infrequent software bugs and potential delays in accessing certain reports.
  • Customer Service Response Time: Some users have experienced longer-than-expected wait times for customer support during peak periods.
  • Higher Cost for Complex Needs: Additional features and services can increase costs for businesses with extensive payroll requirements.

Key Features

  • Global Payroll Automation: Automates payroll processes for employees and contractors across 160+ countries, including tax calculations, compliance checks, payment processing, and reporting.
  • Compliance Management: Ensures adherence to local labor laws, tax regulations, and employment standards in each country of operation.
  • Centralized Data Platform: Provides a single source of truth for all global payroll data, accessible through a user-friendly dashboard with real-time insights.
  • AI-Driven Insights: Leverages artificial intelligence to identify potential risks and optimize payroll processes, reducing manual work and errors.
  • User-Friendly Interface: Offers an intuitive and easy-to-use interface that streamlines payroll management tasks for both HR and finance teams.
  • Integration Capabilities: Integrates seamlessly with leading HCM, ERP, and time-tracking systems to streamline data flow and eliminate manual data entry.
  • Security and Compliance: Adheres to strict data security and privacy standards, protecting sensitive employee information.
  • Global Employer of Record (EOR) Services: Offers EOR services, allowing businesses to quickly hire and manage employees in new countries without establishing legal entities.
  • Global Contractor Management: Manages the onboarding, payments, and compliance for international contractors.
  • Global Benefits Administration: Streamlines the management of benefits programs for global employees.
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Why We Picked AlphaStaff

Is AlphaStaff the alpha dog of HR outsourcing solutions? Recent user reviews suggest it's a top contender. Users rave about AlphaStaff's comprehensive suite of services, which covers everything from payroll and benefits administration to risk management and compliance. This one-stop-shop approach is particularly appealing to franchises and startups, allowing them to streamline HR operations and focus on growth. Unlike some competitors that force-feed bundled packages, AlphaStaff empowers businesses to pick and choose services, tailoring solutions to their unique needs. Clients also appreciate the dedicated support from assigned HR account managers, ensuring personalized attention and problem-solving.

However, AlphaStaff isn't without its drawbacks. The lack of transparent pricing on their website is a common gripe, leaving potential customers in the dark about costs. While the software is generally considered user-friendly, some users find its interface a tad outdated. Despite these minor blemishes, the overwhelming sentiment is positive. Clients consistently highlight the professionalism and efficiency of the AlphaStaff team, emphasizing the time and resources saved by outsourcing their HR functions. The flexibility and breadth of services resonate strongly with franchises and life sciences companies, as evidenced by glowing testimonials from industry leaders.

In a nutshell, AlphaStaff emerges as a robust HR outsourcing solution, best suited for businesses seeking a comprehensive suite of services, personalized support, and the flexibility to customize solutions. While the lack of upfront pricing transparency might give some pause, the overwhelmingly positive user feedback suggests AlphaStaff is a worthy contender in the HR outsourcing arena.

Pros & Cons

  • Comprehensive HR Support: AlphaStaff provides a wide range of HR services, including payroll and tax administration, benefits administration, risk management, and compliance support. This makes it a one-stop shop for businesses without a dedicated HR department.
  • Flexible PEO Plans: AlphaStaff allows businesses to customize their PEO plans to meet their specific needs, making it a suitable option for both startups and franchises.
  • Robust Support: AlphaStaff offers strong customer support through a team of experts who are available via phone and email. The platform also features a dedicated Support tab for easy access to contact information.
  • Add-on Services: AlphaStaff goes beyond traditional HR services by offering unique add-ons, such as cybersecurity, to further support businesses.
  • User-Friendly Platform: Despite having a slightly outdated appearance, AlphaStaff's platform is designed to be user-friendly, making it easy for businesses to manage their HR tasks.
  • Pricing Opacity: AlphaStaff lacks transparent online pricing, requiring businesses to engage in a consultation process to receive a quote. This can be inconvenient for budget planning and comparison shopping.
  • Dated Interface: While considered user-friendly, some reviews point out that AlphaStaff's platform has an outdated appearance. This might be a minor concern for some users who prioritize functionality over aesthetics.

Key Features

  • Comprehensive Payroll Management: Automates payroll processing, tax filing, and compliance, ensuring accuracy and timeliness.
  • Employee Benefits Administration: Manages a wide range of employee benefits including health insurance, retirement plans, and wellness programs.
  • HR Compliance Support: Provides guidance on federal and state regulations, helping businesses stay compliant with labor laws.
  • Time and Attendance Tracking: Offers tools for tracking employee hours, managing leave requests, and ensuring accurate timekeeping.
  • Talent Acquisition Services: Assists in recruiting, screening, and onboarding new employees, streamlining the hiring process.
  • Performance Management: Facilitates employee evaluations, goal setting, and performance tracking to enhance productivity.
  • Risk Management Solutions: Includes workplace safety programs and workers' compensation insurance to mitigate risks.
  • Employee Self-Service Portal: Allows employees to access their payroll information, benefits, and personal data online.
  • Customizable Reporting: Generates detailed reports on various HR metrics, aiding in data-driven decision-making.
  • Training and Development Programs: Offers resources for employee training, skill development, and career advancement.
  • Dedicated Account Management: Provides personalized support with a dedicated account manager for tailored HR solutions.
  • Scalable Solutions: Adapts to the needs of businesses of different sizes, from small enterprises to large corporations.
  • Integrated Technology Platform: Combines various HR functions into a single, user-friendly interface for streamlined operations.

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All PEO Software (28 found)

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Deel

by Deel
Deel
Deel is a comprehensive software solution designed to streamline HR management tasks, particularly for companies with a global workforce. It excels in managing payroll, compliance, and employee benefits, making it ideal for businesses that operate across multiple countries. This platform is particularly suited for organizations looking to simplify the complexities of international hiring and payroll management, thanks to its robust compliance features and user-friendly interface. Key benefits of using Deel include automated payroll processing, compliance with local labor laws, and seamless onboarding processes. Popular features encompass contract generation, expense management, and detailed reporting capabilities. Users appreciate the intuitive design and the ability to manage a diverse workforce from a single platform, which significantly reduces administrative overhead. Compared to similar products, Deel is often praised for its ease of use and comprehensive support for international operations. Pricing details are typically customized based on the specific needs of the business, so it's recommended to contact SelectHub for a tailored quote. Payment structures can vary, often depending on the number of employees and the range of services required.
User Sentiment User satisfaction level icon: good
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$10 - $100
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Velocity Global

by Velocity Global, LLC
Velocity Global
Velocity Global offers a comprehensive software solution that simplifies global workforce management, particularly through its Employee of Record (EOR) services. This platform is ideal for businesses looking to expand internationally without the complexities of establishing foreign legal entities. By handling payroll, benefits, compliance, and tax regulations, Velocity Global allows companies to focus on their core operations while ensuring adherence to local laws. Organizations of various sizes, especially those in rapid growth phases or with a dispersed workforce, find Velocity Global particularly beneficial. The platform's ability to streamline onboarding, manage employee benefits, and ensure compliance across multiple jurisdictions makes it a valuable asset for HR departments. Key advantages include reduced administrative burden, enhanced compliance, and the ability to quickly scale operations globally. Popular features encompass automated payroll processing, benefits administration, and real-time compliance monitoring. Users often praise the platform for its user-friendly interface and robust support services. Pricing details for Velocity Global are typically customized based on the specific needs of the business, such as the number of employees and the countries of operation. For precise pricing information, it is recommended to contact SelectHub for a tailored quote.
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Buyer's Guide

PEO Software Is All About Handling Daily HR Tasks on Behalf of Small and Medium Businesses 

PEO Software BG Intro

Are you a burgeoning small to medium-sized business eager to offload your HR burdens? Looking to bid adieu to manual payroll management headaches, employee benefits confusion and time-consuming compliance mazes? That’s where quality PEO software comes into play!

This comprehensive guide will help kickstart, streamline and simplify your PEO solutions search! Let’s get right into it.

Executive Summary

  • PEO software is a comprehensive HR management tool that replaces the need to outsource multiple functions.
  • PEO software provides payroll handling, benefits administration, worker's compensation and regulatory compliance for small to medium-sized businesses.
  • These solutions use automation to reduce errors while fortifying sensitive data through end-to-end encryption and access controls.
What This Guide Covers:

What Is PEO Software?

PEO (professional employer organization) software is an HR tool that handles payroll management, benefits administration and regulatory compliance. It simplifies human resource management for small to medium businesses.

A PEO service handles your day-to-day HR responsibilities for you, reducing manual paperwork and errors via automation capabilities. But that sounds like a regular HR solution, right? So, how is PEO software different?

At its core, HR software tends to be specific tools, like UKG Pro, Oracle or Dayforce, while PEO is more of a holistic solution. If you opt to use a PEO, you’ll outsource your HR duties to a third party — a cost-effective alternative to maintaining your own in-house HR department and software.

Primary Benefits

PEO software, a pivotal component in modern HR management, has revolutionized how businesses operate and manage their workforce.

Whether you're a small business owner seeking scalability or an HR professional aiming for a more streamlined approach, understanding your solution’s primary benefits will undoubtedly propel your organization toward success in today's ever-evolving corporate landscape.

PEO Software Primary Benefits

Enhance Compliance

Ensure company adherence to and compliance with complex HR regulations and ever-changing labor laws. PEO software automates compliance checks and updates, shielding your organization from potential legal ramifications. With a vigilant compliance guardian by your side, it’s easier to avoid compliance-related pitfalls and fines.

Minimize Errors

Reduce manual errors plaguing your HR processes. PEO software goes beyond just automated payroll, minimizing data entry errors and ensuring accurate records. Error-free data management doesn't just save time and resources; it fosters trust and inter-organizational credibility.

Boost Efficiency

Amplify your HR team's productivity and unlock their full potential by streamlining processes. PEO software handles repetitive tasks, freeing your team to tackle strategic initiatives. This newfound efficiency results in timely decision-making, cost savings and a more agile business overall.

Improve Scalability

As your business evolves, so do your HR needs. PEO software grows with you, making it a cost-effective choice for businesses of all sizes. Expand your workforce, add new functionalities and adapt to changes without significant cost increases.

Key Features & Functionality

Payroll Management

A recent Ceridian survey highlights global workforces, hybrid work and increased compliance concerns as a few of the biggest modern-day payroll challenges.

PEO software automates processes, helping maintain and manage payroll records internally, no matter where your employees are. PEO tools also handle tax filings, compliance, withholding and remittance.

Employee Benefits

Better benefits attract better quality talent. PEO solutions provide accessible employee benefits information options for medical, dental and vision benefits.

Some examples of these benefits include:

  • Flexible spending account
  • Health savings account program
  • Basic term life and personal accident insurance
  • Customized 401(k) plan
Risk Management

PEO solutions facilitate risk management processes to prevent costly repercussions. Predict and mitigate risks with expert guidance as part of the PEO package while handling common processes like:

  • Onboarding and offboarding employees
  • Ensuring workplace safety
  • Drug testing staff
  • Securing worksites
Reporting and Analytics

PEO solutions offer actionable insights that allow you to strategize better and make smarter decisions.

Improved reporting and analytics lead to long-term benefits like increased employee retention, enhanced performance, and deeper insights into skill gaps, training and development.

Time and Attendance Management

PEO software helps manage time and attendance, efficiently tracking hours, streamlining payroll and managing leaves. It also calculates and processes payroll and streamlines time and productivity reporting.

PEO tools automate leave tracking and alerts for rewards and disciplinary actions.

Expert Help

Users can consult HR specialists for extensive assistance in essential HR aspects like payroll, benefits, legal compliance and more.

Software Comparison Strategy

The first step in picking out your ideal PEO solution is identifying key stakeholders like IT personnel, finance and operations members, payroll specialists, managers, front-line employees, administrators and executives. PEO software is a substantial investment, so all stakeholders should have a say in which one you choose.

Once you’ve touched base with everyone, you should consider your requirements. Divide those into must-haves and optional features. Beyond that, budget, time and infrastructure considerations are also crucial.

If you want some more guidance on selecting software, check out our nine-step Lean Selection methodology. It’ll take you from establishing a need for software to narrowing down vendors to finally signing — and everything in between.

Cost & Pricing Considerations

Now that we’ve dug deep into what exactly PEO software is and does, let’s deep-dive into the dollars and cents of it all. Does PEO software actually offer everything you’ll need at an affordable cost? After all, you’ll need a solid idea of pricing before making your final pick.

  • PEO pricing varies based on which system you’re working with and services you’ll need.
  • PEO pricing includes three basic costs — administrative fees, setup costs and any additional costs associated with specific HR capabilities.
  • You’ll then sign up for one of the following PEO pricing models:
    • Percentage of Payroll: Administration fees come as either a flat percentage of overall payroll or the total number of employees.
    • Per Employee: Administrative fee for each employee, instead of total employee compensation.
    • Per Check: Pay a flat fee for every paycheck per pay period after calculating the total number of payroll cycles.

While these three are essential PEO aspects, knowing the type of billing you’re signing up for is equally necessary. Most PEOs handle billing in one of the following ways:

  • Bundled Bills: A single line item bundles all rates and HR costs. Its downside is the difficulty in estimating exact administrative costs since it's bundled with your total HR costs.
  • Unbundled Bills: All rates and HR costs are divided into individual line items. This type of billing simplifies calculating exact administrative costs.

The Most Popular PEO Software

When it comes to PEO software, the market is as dense as an unexplored jungle. Your best bet to sort things out is to carefully compare the market’s options and pick one that most effectively caters to your requirements list. Here are some of the most popular PEO solutions to kickstart your search.

Workday HCM

Workday HCM is a versatile SaaS solution that unifies employee life cycle management in a single HRMS. It’s designed for medium and large enterprises, but it can support small businesses as well. It offers flexible access with audit tools, built-in security and mobile apps.

D2L Brightspace

A look at Workday HCM’s internal dashboard.

UKG Pro

Payroll, benefits management, recruiting, onboarding, and training and development — UKG Pro helps businesses manage human capital globally. It optimizes workforce performance with machine learning, AI, predictive analytics and business intelligence.

Its key capabilities include time and attendance management, compensation and succession planning.

UKG Pro

A look into payroll processing by UKG Pro.

ADP Workforce Now

ADP Workforce Now is a cloud-based platform for handling payroll, time and attendance, talent management, benefits administration, and other HR processes. It enables organizations to manage the complexities of the employee life cycle efficiently.

Built on a configurable database, it ensures data synchronization across departments, reducing manual entry and errors. Built-in, enhanced security features protect sensitive user and employee data.

ADP Workforce Now

A peek into the ADP Workforce Now dashboard.

 

 

Questions To Ask

If you’re unsure where to start narrowing down your requirements, these questions are a great place to start:

  • What are our present and future company-wide priorities?
  • Would PEO or traditional HR software be better for our needs?
  • Who’s our company’s person of contact?
  • What are some essential features and some optional ones?
  • Are you planning to expand your business anytime soon?

PEO Software Key Questions To Ask

Once your requirements are in order, it's time to meet some vendors and check what’s out there. These questions will come in handy:

  • How hands-on is your expert help?
  • What integrations does the product offer?
  • What are the PEO’s main benefits?
  • How secure will our internal information be?
  • Do you follow industry best practices?
  • Do any core capabilities cost extra?

Next Steps

From handling payroll and compliance requirements to tracking employee working hours, all with built-in expert help along the way, PEO software removes all the HR-related stress of running your business. PEO software simplifies HR tasks, but you may need to consider transitioning to dedicated HR software as your business grows.

To simplify your search for the right PEO software solution, start with a list of requirements and check out our free comparison report for an in-depth look at different products available on the market.

Product Comparisons

About The Contributors

The following expert team members are responsible for creating, reviewing, and fact checking the accuracy of this content.

Technical Content Writer
As a SelectHub Technical Writer, Olivia Edens loves helping readers navigate through the world of HR, payroll, field service, PSA, and time and attendance software. Olivia earned a B.A. in English from the University of Phoenix. When she's not researching or editing, she loves rewatching The Office, scootering around the city and taking her cat for a walk. Fun fact: In high school, she won an award for most ideas per minute.
Technical Research By Nithin Shetty
Senior Analyst
With experience in research and consulting going back to 2015, Nithin Shetty is an asset to SelectHub's research team. In his Senior Research Analyst role, he works on projects in categories like HR, CRM, EHR and ERP. He's also a big movie buff and sports fan. When he isn't watching his favorite film or game, he's usually volunteering his free time to causes like blood drives and environmental cleanup.
Technical Review By Jaisri Narasimman
Principal Analyst
A graduate of NTU Singapore, Jaisri Narasimman honed her data mining and curation skills during her post-graduate education, focusing on developing strategies to help businesses make the most of their data. In her role at SelectHub, her research spans categories like HR, CRM and EHR.
Edited By Joe Evans
Content Editor
Joe Evans is an Editor and Senior Market Analyst at SelectHub. A seasoned professional wordsmith, he has a bachelor's degree in journalism and electronic media and a decade of professional expertise in crafting top-tier digital content for niche online brands. He leads his small yet formidable team in producing helpful, compelling content in vital categories like HR, payroll, talent management, performance management, marketing automation home health, MES. When not editing and writing, he enjoys sports, quality time with family and dogs, and remains constantly in pursuit of something new and interesting to read or listen to.