PayFit vs Coverio Comparison

84% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

PayFit

Payroll Software

4.4 34 user ratings

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70% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Coverio

Payroll Software

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Overview

Description	PayFit transforms the daunting task of payroll and employee management into a breeze for startups and SMEs. This intuitive, cloud-based solution handles everything from HMRC RTI submissions and payslips to managing employee leaves and expenses. With PayFit, there's no need to worry about the complexities of payroll calculations; it automatically determines pay variables, allowing to run payroll and generate payslips in just a few clicks. Imagine freeing up hours spent on manual payroll tasks to focus on growing the business instead. PayFit is designed to be user-friendly, making it easy for anyone to navigate, regardless of their technical expertise. Say goodbye to payroll hassles and hello to a streamlined, efficient process that ensures accuracy and compliance. Join the growing number of businesses that trust PayFit to simplify their payroll management and enhance their operational efficiency. Read more	Fill out information on employees’ salaries, bank account details, and payroll schedule. Stop manually paying employees individually each month. User make sure they receive their salaries on time.
Pricing Options	Free Trial Available	Free Trial Not Available Starts at $1.00. Offers Custom plan.
SW Score & Breakdown	84% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 95% Reviews 74% Momentum 61% Popularity 74%	70% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 74% Reviews 60% Momentum 60% Popularity 64%
SaaSworthy Awards	# 7 Fastest Growing	Not Available

Features

Total Features	13 Features	5 Features
Common Features for All	Attendance Tracking Helps to quickly and easily track the attendance Benefits Management Helps in monitoring and managing non-wage compensation given to employees besides their regular salaries or wages. Check Printing Allows previewing and printing standard and customized paychecks Compensation Management Manages employee compensation related data in an organized and automated manner Deductions Management Helps optimizing deductions workflow and assist in calculating various deductions or additions like ESI, PF, integrating leave, performance Direct Deposit Supports direct deposit which is the most popular method for giving paycheques to employees in an electronic form Leave Tracking (Vacation) Assist in keeping track of leave and holidays for easing the payment calculation process Multi-Currency Enables payment and collection in multiple currencies. Self Service Portal Provides the employees with a website where they can update their accounts, make bill payments, avail necessary information and other self-help functions Tax Filing Allows the filing of payroll tax forms for federal, state, and local taxes. Wage Garnishment Helps in deducting the amount from an employee's monetary compensation including salary as per a court order to pay off debt + 8 More - Show Less	Attendance Tracking Helps to quickly and easily track the attendance Benefits Management Helps in monitoring and managing non-wage compensation given to employees besides their regular salaries or wages. Check Printing Allows previewing and printing standard and customized paychecks Compensation Management Manages employee compensation related data in an organized and automated manner Deductions Management Helps optimizing deductions workflow and assist in calculating various deductions or additions like ESI, PF, integrating leave, performance Direct Deposit Supports direct deposit which is the most popular method for giving paycheques to employees in an electronic form Leave Tracking (Vacation) Assist in keeping track of leave and holidays for easing the payment calculation process Multi-Currency Enables payment and collection in multiple currencies. Self Service Portal Provides the employees with a website where they can update their accounts, make bill payments, avail necessary information and other self-help functions Tax Filing Allows the filing of payroll tax forms for federal, state, and local taxes. Wage Garnishment Helps in deducting the amount from an employee's monetary compensation including salary as per a court order to pay off debt + 1 More - Show Less
Unique Features	Multi-country Supports electronically transfer of payments to employees regardless of the country or state Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time	Multi-country Supports electronically transfer of payments to employees regardless of the country or state Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time

Technical Details

Organization Types Supported	Large Enterprises Medium Business Small Business	Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud	SaaS/Web/Cloud
Modes of Support	Online	Online
API Support	Available	NA

Reviews & Ratings

User Rating	4.4/5 34 user ratings	Not Available
Rating Distribution	Excellent 61.8% Very Good 32.4% Average 0% Poor 0% Terrible 5.9%	Not Available
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Pricing

Pricing Options	Free Trial Available	Free Trial Not Available Starts at $1.00. Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	Light Others Standard Others Premium Others	STARTER $1.00 $1.00 per user / month ADVANCED $80.00 $80.00 per month CUSTOM Custom
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Hive Payroll PayFit Vs Hive Payroll Gen Payroll Software PayFit Vs Gen Payroll Software Open Payroll PayrollPanda 4.6 91 ratings PayFit Vs PayrollPanda Paybooks 4.8 16 ratings PayFit Vs Paybooks	Gen Payroll Software Coverio Vs Gen Payroll Software PaymentEvolution 4.2 37 ratings Coverio Vs PaymentEvolution Paychex Flex 4.3 1,502 ratings Coverio Vs Paychex Flex Paymate 4.6 5 ratings Coverio Vs Paymate QuickBooks Payroll 4.4 626 ratings Coverio Vs QuickBooks Payroll
	View All PayFit Alternatives	View All Coverio Alternatives