PaymentEvolution vs Wagepoint Comparison

80% 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

PaymentEvolution

Payroll Software

4.2 37 user ratings

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90% 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

Wagepoint

Payroll Software

4.5 187 user ratings

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Overview

Description	PaymentEvolution Payroll software is specially designed to cater to your employee payment needs. Custom payment rules for benefits, deductions and earnings are possible with this software. The tool always keeps the users updated with recent developments in tax tables. You can also keep employments records using PaymentEvolution Payroll software. The software is cloud based so you can access it from any web browser without any hassle. It provides detailed online payment history, and you can avail payment statement & payslips using your desktop/mobile/table. PaymentEvolution Payroll comes integrated with the world’s top accounting system. You can download a PDF statement as and when necessary. Read more	Wagepoint is a futuristic payroll management software for small businesses. It can be used to regulate direct deposits, check over automated payroll taxes and get access to paystubs online. Also, Wagepoint makes it easier for companies to offer worker based compensation and 401(k)s, provide access to payment-related details online, transfer money into the employee’s bank account directly and issue W-2s/1099s on an annual basis accordingly. At present, 18k small businesses are dependent upon Wagepoint for their day to day tasks. Further, accountants can also rely on the same to automate withholdings, compliance and contributions for their monthly deposit schedules, FICA taxes, local income tax settlements and new hire reporting. For those who are new to the entire system, built-in tips, add-ons and real-time integrations made available are of great help. A world-class support team is always available at service providing relevant solutions. Along with dedicated payroll services Wagepoint also offers real-time access to a simple yet accurate time tracking app and a paid time off application. Read more
Pricing Options	Free Trial Available Starts at $2.00. Offers Free-forever and Custom plan.	Free Trial Available Starts at $20.0.
SW Score & Breakdown	80% 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 91% Reviews 73% Momentum 60% Popularity 74%	90% 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 99% Reviews 83% Momentum 64% Popularity 79%
SaaSworthy Awards	Not Available	# 8 Highly Rated

Features

Total Features	11 Features	16 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 EOR Services Facilitates the management of employment-related responsibilities, compliance, and HR functions associated with Employer of Record (EOR) services 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. W-2 Preparation Helps electronically preparing the W-2 form that reveals the total gross income of an employee. Wage Garnishment Helps in deducting the amount from an employee's monetary compensation including salary as per a court order to pay off debt + 7 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 EOR Services Facilitates the management of employment-related responsibilities, compliance, and HR functions associated with Employer of Record (EOR) services 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. W-2 Preparation Helps electronically preparing the W-2 form that reveals the total gross income of an employee. Wage Garnishment Helps in deducting the amount from an employee's monetary compensation including salary as per a court order to pay off debt + 10 More - Show Less
Unique Features	401(k) Tracking Helps to track and manage matters concerning 401(k) that is a retirement savings plan sponsored by an employer. 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	401(k) Tracking Helps to track and manage matters concerning 401(k) that is a retirement savings plan sponsored by an employer. 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	Individuals Freelancers Medium Business Small Business	Individuals Freelancers Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud	SaaS/Web/Cloud
Modes of Support	Business Hours Online	Business Hours Online
API Support	Available	NA

Reviews & Ratings

User Rating	4.2/5 37 user ratings	4.5/5 187 user ratings
Rating Distribution	Excellent 62.2% Very Good 21.6% Average 2.7% Poor 2.7% Terrible 10.8%	Excellent 71.1% Very Good 19.8% Average 2.7% Poor 2.1% Terrible 4.3%
User Sentiments	Not Available	Excellent Customer Support, Ease of Use, Time-Saving Automation, Direct Deposit Functionality Lack of Customization Options, Occasional Technical Issues, Limited Feature Set, Payroll Submission Deadlines
Review Summary	Not Available	Overall, users appreciate Wagepoint's user-friendly interface, efficient payroll processing, and helpful customer support. They find the software reliable, accurate, and easy to navigate, enabling seamless payroll management. However, concerns are raised regarding the lack of advanced features, limited reporting capabilities, and occasional technical glitches. Additionally, some users express dissatisfaction with the pricing structure and suggest improvements in customization options. Despite these drawbacks, Wagepoint generally satisfies users seeking a user-friendly and reliable payroll solution.
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Pricing

Pricing Options	Free Trial Available Starts at $2.00. Offers Free-forever and Custom plan.	Free Trial Available Starts at $20.0.
Pricing Plans Monthly Plans Annual Plans	Growth (Business Plans) Free Business Basic (Business Plans) $2.50 $2.50 per user / month Business Plus (Business Plans) $2.00 $2.00 per user / month Advanced (Accountant Plans) Custom Evolv (Accountant Plans) Custom Accelerate (Accountant Plans) Custom	Solo $20.00 $20.00 per month Unlimited $40.00 $40.00 per month
	View Detailed Pricing	View Detailed Pricing

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