Payment Evolution Payroll Review - why 4.5 stars?

Payment Evolution Payroll Review
ITQlick Score: 87/100
ITQlick Rating: (4.5/5)
Pricing: 2/10 - low cost
Category: Small Business Payroll -> Payment Evolution Payroll
Ranking:Ranked 9 out of 28 Small Business Payroll systems
Company: Payment Evolution
Pricing: starts at $2 per employee/month
Typical customers: Small businesses and start ups
Platforms: Cloud
Links: Payment Evolution Payroll pricing, Payment Evolution Payroll alternatives

Shlomi LaviShlomi Lavi / updated: Jun 30, 2022

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What is Payment Evolution Payroll and its features?

Payment Evolution Payroll is a cloud-based human resource solution that is designed for small-sized and medium-sized organizations. Payment Evolution Payroll helps organizations manage their payment operations and centralizes them in one area. Payment Evolution Payroll helps the human resource department manage employees details such as health covers, and insurance covers.

The various features that are provided in Payment Evolution Payroll include payroll processing, vacation management and leave tracking, tax management, employee documents management among others.

Payment Evolution is a company that has been developing, distributing and maintaining Payment Evolution Payroll since the year 2008. Payment Evolution is a Canadian based company.

What is Payment Evolution Payroll rating?

The rating of Payment Evolution Payroll is 4.5 stars out of 5 and the total score is 87 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Who uses Payment Evolution Payroll?

The typical customers include the following business size: Small businesses and start ups.

Is it easy to use?

Yes, Payment Evolution Payroll makes it fairly easy to use. This product is user friendly and intuitive.

Is Payment Evolution Payroll cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

No, currently Payment Evolution Payroll can't be accessed on mobile, you would need to access it from your computer.

Is Payment Evolution Payroll the best Small Business Payroll system?

Payment Evolution Payroll is ranked 9 out of 28 software in their category (Small Business Payroll systems).

What are Payment Evolution Payroll's pros? (3 Pros)

  • Payment Evolution processes payroll pretty easily, and stat holidays are easily inputted
  • The software also provides a lot of different reports that are helpful
  • This program is an excellent tool for preparing and tracking both year-end and day-to-day payroll needs

What are Payment Evolution Payroll's cons? (1 cons)

  • Users complain that they could not find a way to export employee information from their software to Payment Evolution

Who are their main alternatives?

Payment Evolution Payroll competes with other Business Payroll systems like BambooHR, Paycor, and Rippling. We will compare these Business Payroll systems in some specific aspects below.
  • Functionality: Payment Evolution Payroll offers features like Access from Anywhere, Fully Customizable, Secure, etc. Compared to its alternatives, Payment Evolution Payroll and its listed alternatives all offer features like Benefits Management, Payroll Management, and Self-Service Portal. Features like 360 Degree Feedback, Applicant Tracking, Compensation Management, Employee Database, Employee Profiles, and Onboarding are provided by the mentioned alternatives except for Payment Evolution Payroll.

    API is provided by Payment Evolution Payroll and its mentioned alternatives except for Paycor. Check Printing is provided by Payment Evolution Payroll and its mentioned alternatives except for BambooHR. Payment Evolution Payroll and its mentioned alternatives also provide Tax Compliance, Vacation/Leave Tracking, W-2 Preparation, Wage Garnishment, etc.
  • Customers/Industries: Payment Evolution Payroll provides Canadian small businesses with beautiful online payroll management that they can access from anywhere. Payment Evolution has customers like Cantin Insurance Services, Nanoleaf, FSET, etc. Compared to its alternatives, BambooHR targets growing businesses that want to organize their HR data, track applicants and utilize reporting for strategic decision-making.

    Paycor serves medium-sized and small businesses and helps them manage their most valuable asset (their people). Paycor has customers like Donaldson, Unified Wire, Cable, Gerber Poultry, etc. Rippling is built for businesses with 1 to 1,000 employees. Rippling has customers like M9 Solutions, Trash Butler, Superhuman, etc.
  • Cost: Payment Evolution Payroll starts at $2.50 per emp per run with a free trial and version. Rippling starts at $8 per user per month with a free trial. The license cost information for Paycor and BambooHR is unavailable.
  • Cloud-based/On-premise: Payment Evolution Payroll and its mentioned alternatives are cloud-based.
  • Popularity: Payment Evolution Payroll is privately held and trusted by over 20000 companies. Compared to its mentioned alternatives, Paycor is also privately held, with more than 40,000 businesses.
  • Scalability: Payment Evolution Payroll and its mentioned alternatives can scale their clients from small to large enterprises.
  • Support: Payment Evolution Payroll and its mentioned alternatives offer an Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, and Chat.

What is the cost of Payment Evolution Payroll?

Payment Evolution Payroll offers a free plan (Growth free) and two license options; Business Basic and Business Plus.
  • Business Basic starts at $2.50 per emp per run.
  • Business Plus starts at $2.00 per emp per run.
Business Basic includes features like Payroll, Business Payments, PayChequer (employee portal and app), etc. Business Plus includes features like Benefits Management, Health Spending Account (HAS), etc.

What is the REAL total cost of implementation? on top of the total cost of licenses which is easy to calculate you need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 2 out of 10 (10 is most expensive). You can fine here the REAL total cost breakdown for Payment Evolution Payroll. You can also find here pricing information from Payment Evolution Payroll's website.

What should you ask Payment Evolution during a demo session? (65 questions)

Schedule a demo with Payment Evolution Payroll and access 65 must ask questions for the vendor while watching Payment Evolution Payroll in action. Visit the vendor's website here.

Where Payment Evolution Payroll is used?

Payment Evolution is a good fit for organizations seeking cloud-based payroll services that are accessible and also offers free payroll services for small businesses. Some companies like Cantin Insurance Services, Nanoleaf, FSET, the software is used.

List of categories

Accounting & Finance
Business tax
Check Printing
Personal tax
Tax Preparation
Data Analysis Tools
Expense Management
Payroll
Small Business Payroll
Sales Forecasting

List of features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Tax compliance
Data Analysis Tools

Payment Evolution Payroll Vs. Alternatives

ITQlick rating
Score
Pricing
License pricing
Functionality
Review
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Payment ...
ITQlick rating
4.5/5
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16
ZenPayroll
ITQlick rating
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92/100
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$39 per month
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11
Square P...
ITQlick rating
4.6/5
Score
90/100
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2/10
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9
Clarity ...
ITQlick rating
3.3/5
Score
90/100
Pricing
4.2/10
License pricing
Pricing not available
Functionality
6
Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.