PaymentEvolution Pricing, Reviews and Features (April 2024)

About PaymentEvolution

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.

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Pricing

Free Trial Available
Starts at $22.00. Offers Free-forever and Custom plan.
View Detailed Pricing

SW Score Breakdown The SW Score breakdown shows individual score for product features.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

92%
Reviews

65%
Momentum

65%
Popularity

79%

Platforms Supported

Browser Based (Cloud)

Organization Types Supported

Small Business

API Support

Available

Modes of Support

Business Hours, Online

PaymentEvolution Features

Show Feature Explanation

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Payroll Features

Features: The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read More

92%

Wage Garnishment

Helps in deducting the amount from an employee's monetary compensation including salary as per a court order to pay off debt

W-2 Preparation

Helps electronically preparing the W-2 form that reveals the total gross income of an employee.

Leave Tracking (Vacation)

Assist in keeping track of leave and holidays for easing the payment calculation process

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

Direct Deposit

Supports direct deposit which is the most popular method for giving paycheques to employees in an electronic form

Deductions Management

Helps optimizing deductions workflow and assist in calculating various deductions or additions like ESI, PF, integrating leave, performance

Compensation Management

Manages employee compensation related data in an organized and automated manner

Check Printing

Allows previewing and printing standard and customized paychecks

Benefits Management

Helps in monitoring and managing non-wage compensation given to employees besides their regular salaries or wages.

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

401(k) Tracking

Helps to track and manage matters concerning 401(k) that is a retirement savings plan sponsored by an employer.

Attendance Tracking

Helps to quickly and easily track the attendance

PaymentEvolution Pricing

Free Trial

Available

Pricing Options

Premium Plans ( Subscription / Quotation Based )

Pricing Plans

Green (Business Plans) Free

No monthly fees

Features

Payroll
Electronic Payslips
Create T4 / RL1
Direct Deposit: 50¢ per transaction (There are no monthly fees, file fees or submission fees for this service. There is a one time $55 setup fee for each source (business) account for electronic payments.)
Add-on: 1 (Integrate with one of the following : Quickbooks Online, Kashoo,Xero)
Create ROE
Company Tax Summary
Reports
User roles : 1 (One administrator can run and process payroll)
Employees : up to 5
History : 3 Years
Support : Forum

Business (Business Plans) $22.00 $22.00 per month

$22 per month billed Annually

Features

Includes features of Green plan, plus
Print reports / PDF
Pay Rules
Vacation rules
Off-cycle pay runs
Print cheques
Add-ons: Integrate with multiple add-on solutions like FreshBooks, Kashoo, Quickbooks(desktop and online), Saasu, Xero, TaxCycle and others
User roles : 3
Employees: up to 25
History: 7 years
Support: Forum, Email, Phone

Business Plus (Business Plans) $51.50 $51.50 per month

Base price of $50 per minute per Month + $1.5 per employee per run

Features

Timesheet import
Custom GL
Custom Employee Numbers
Direct Deposit: Included (There are no monthly fees, file fees or submission fees for this service. There is a one time $99 setup fee for this plan. Note: minimum monthly billing of $50 applies.)
Add-on: Integrate with multiple add-on solutions including FreshBooks, Kashoo, Quickbooks (desktop and online), Saasu, Xero, TaxCycle and others
Benefits Management (For only $1 more/employee. Monthly min $100)
Project Costing (For only $1 more/employee. Monthly min $100)
Employee import
User roles: 5
Employees: upto 500
History: Unlimited

Multiple Clients (Accountant Plans) Custom

Features

Up to 75 employees
Up to 20 clients
Client Dashboard
Delegate Access
Unlimited Payrolls
All provinces and Territories
Multiple pay rates and schedules
Manual Runs
Off-Cycle Pay Runs
Pay Rules
Vacation Rules
Direct Deposits (There are no monthly fees, file fees or submission fees for this service. There is a one-time setup fee for each source (business) account for electronic payments. Transaction fees apply.)
Remittance to CRA / RQ
Timesheet Import
Employee Import
Create T4’s, T4A’s, RL-1
Create ROE’s
Company Tax Summary
Payroll Reports
Print Reports/PDF
Print Cheques
Accounting Integrations
Time Tracking Integrations
Employee Portal
Lifetime Access
Electronic Payslips
Pay Stubs and Tax Forms
Payday Emails
Phone, Email, Forum
Online Enrollment

Custom (Accountant Plans) Custom

Features

Up to 500 employees
Unlimited clients
Includes features of Multiple clients (Accountant Plans) plan, plus
Project Costing (Additional fees may apply for project costing. Contact the vendor for details.)
Custom GL
Custom Employee Numbers
Dedicated Account Manager
Benefits Management (Additional fees may apply for benefits management. Contact the vendor for details.)

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Disclaimer: The pricing details were last updated on 27/06/2018 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

Learn more about PaymentEvolution Pricing.