Compare Square Payroll and Payment - May 2022

Shlomi Lavi

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Bottom Line: Which is Better - Square Payroll or Payment?

Payment is more expensive to implement (TCO) than Square Payroll, and Square Payroll is rated higher (90/100) than Payment (73/100). Square Payroll offers users more features (3) than Payment (0). There is a clear winner in this case and it is Square Payroll!

Looking for the right Small Business Payroll solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Square Vs. Payment Evolution

Square: Square helps anyone take care of their business. Square's complete register service is a full point of sale with tools for every part of running a business, from accepting credit cards to inventory tracking, and small business financing. Customers also use Square Order, a new way to pre-order food and drinks for pickup and individuals use Cash, the...

Payment Evolution: PaymentEvolution provides easy to use, secure online payroll services to small and mid-sized businesses across Canada. Accountants, CPA firms and financial institutions rely on us for payroll expertise and services for their clientele.

Who is more expensive? Square Payroll or Payment Evolution?

The real total cost of ownership (TCO) of Small Business Payroll software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Square Payroll and Payment Evolution.

Square Payroll price starts at $35 per month , On a scale between 1 to 10 Square Payroll is rated 2, which is much lower than the average cost of Small Business Payroll software. Payment Evolution price starts at $2 per employee , When comparing Payment Evolution to its competitors, the software is rated 2 - much lower than the average Small Business Payroll software cost.

Bottom line: Square Payroll cost is around the same cost of Payment Evolution.

Which software includes more/better features?

We've compared Square Payroll Vs. Payment based on some of the most important and required Small Business Payroll features.

Square Payroll: Payroll, Benefits Administration, Data Analysis Tools.

Payment Evolution: We are still working to collect the list of features for Payment Evolution.

Target customer size

Square Payroll's typical customers include: SMBs, and Payment Evolution's target customer size include: Small businesses and start ups.