Square Payroll vs Wagepoint

Last Updated:

Our analysts compared Square Payroll vs Wagepoint based on data from our 400+ point analysis of Payroll Software, user reviews and our own crowdsourced data from our free software selection platform.

Product Basics

Based in the cloud, Square Payroll is suited for businesses of all sizes. Integrating with the well-known POS solution from the same company offers features that assist with processing pay, filing taxes, employee self-service and more. The support staff helps users with implementation, whether they need help with their first implementation or simply just assistance migrating data from an old interface. Its capabilities also provide time tracking, invoice creation, appointment scheduling, direct deposit and more.
read more...

Wagepoint is a comprehensive payroll software designed to streamline the payroll process for small to medium-sized businesses. This software is particularly well-suited for business owners who seek an efficient, user-friendly solution for managing payroll tasks, including the calculation of wages, tax withholdings, and the distribution of employee pay. One of the key benefits of Wagepoint is its ability to automate many of the tedious aspects of payroll, which can save businesses considerable time and reduce the risk of errors. Among its popular features are direct deposit payments, tax filing assistance, and detailed payroll reports, which collectively enhance the payroll management experience. When compared to similar products, users often highlight Wagepoint's simplicity, reliability, and excellent customer support. Pricing for Wagepoint is typically structured on a per payroll basis, with costs varying depending on the number of employees and the frequency of payroll runs, making it a flexible option for businesses with varying payroll needs.

read more...
$35 Monthly
Get a free price quote
Tailored to your specific needs
$24 Monthly
Get a free price quote
Tailored to your specific needs
Small 
i
Medium 
i
Large 
i
Small 
i
Medium 
i
Large 
i
Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • Synchronized Systems: Fully synchronize the payroll solution with other Square systems, including partners that offer timecard solutions. Automatically calculate employee hours to run payroll.
  • Payroll On-The-Go: Run payroll directly from any internet-connected device with the mobile app. Creates a quick and seamless process that gets employees paid expediently, while administers don’t have to spend time tediously inputting data.
  • Affordable Small Businesses Payroll: Offers two pricing models, one of which is specifically designed to meet the needs of businesses that rely on contractors. The monthly subscription fee starts as low as $34 monthly for companies with standard employees. Hire contractors and spend only $5 monthly per contractor or employee.
  • Manageable Processes: Run payroll with only necessary employee information. Customize pay periods while employees can create their accounts, making the setup process quick and straightforward.
read more...
  • Improves Communication: It takes fewer conversations to access important tax info. Users can download W2s, 1099s, pay stubs and other forms.
  • Saves Time: Accounting, administrative and executive staff can get information from one source rather than tracking down data from individual spreadsheets.
  • Provides Peace of Mind: It can automatically calculate and send taxes to keep up with local and federal regulations.
  • Fewer Late Fees: The fully automated processes can cut down on fines, reconciliations and other penalties.
  • Less Administrative Work: It lets executive, administrative or accounting staff skip menial data entry. This allows for more time to analyze overall company trends.
read more...
  • Automatic Payroll: Import employee hours and overtime and calculate salaries to process each pay period automatically. Handles multiple pay rates and does all off-cycle and unlimited bonus runs for no extra charge. Customizes scheduling for payment. Process payroll by 8:00 p.m. PT, so employees get their direct deposit on payday.
  • Employee Self-Service: Have employees create their account, set up direct deposit, fill out necessary forms and even clock in for their shifts. Provide them with 24/7 access to these features to make changes as needed through the mobile app.
  • Tax Filing: Ensure compliance with Square Payroll’s tax functions. Manage W2s and automatically calculates and files tax withholdings, payments, and filings at the local, state and federal level. Supports post-tax deductions and reimbursements. Files federal and state taxes quarterly and files and sends out W-2s and 1099-MISC forms at the end of the year. Includes forms such as form 940, form 941, form 944 and W-3s.
  • Reporting: Provides new hire reports, quarterly reports and sales reports to provide real-time analysis and make more informed decisions about the business. Send reports to key stakeholders.
  • Team Management: Set schedules, track hours, customize access for different groups and provide employee onboarding. Comes in one of two versions, team management and team plus. Team management includes reporting for time cards, time clocks, scheduling for shifts, break tracking and overtime reporting. Team plus has broader functionality such as early break prevention, report for break violations, preventing early clock-ins from break, notes on timecards, many wage rates, unlimited permissions and more.
  • Compliance: Updates automatically to ensure users stay abreast of changes to tax laws and stay in compliance with payment best practices. Save time and money by obeying regulations.
  • Benefits Management: Customize and manage benefits packages while the integrated benefits management functionality enables the system to calculate and make deductions automatically when running payroll. Provides workers’ comp through AP Intego.
  • Integrations: Integrates with QuickBooks Online for users who want to include accounting and can function with any other Square product.
  • Time Tracking: Synchronize Square Payroll with the vendor’s Point of Sale app at no additional cost to allow employees to clock in for their shift directly at the register. Employees can then import timecards, or synchronize with a variety of other popular time tracking systems. Managers can also enter employee hours manually. Tracks sick leave, PTO and overtime. Use customizable user permissions to manage it effectively.
read more...
  • Payroll Capabilities: It can pay multiple groups simultaneously, including salaried, hourly or contracted workers. Users can add multiple pay groups for multiple schedules. It also calculates the gross-to-net amount when given the gross pay.
  • Mobile App: Employers and employees can conduct transactions, answer messages and more through the mobile app.
  • Auto-Approve: Pre-established payments are auto-approved. This can calculate taxes, workers’ compensation and more.
  • Security: It’s hosted through the Amazon Web Services cloud and supports international expansion. The connection is secure with a 256-bit SSL encryption.
  • Integrations: It integrates with accounting, HR and other team management solutions including QuickBooks, LessAccounting, T-Sheets, Slack, Deputy and more.
  • Direct Deposit: It can approve direct deposits four days prior to the pay date. Funds get deposited in the company’s bank account and debited to all employees and contractors.
  • Taxes: The platform can auto-calculate, pay and pull reports for the IRS. At the end of the year, it will populate info to W2s and 1099s and submit them by January 31st. Staff can then view and print the documents.
  • Deductions: It can automatically calculate the pay and tax ramifications for deductions on employee paychecks including 401K contributions, parking and health care.
  • New Hires: The solution reports new hires to the state directory, according to state and federal laws. It can automatically send the documents.
  • Other Income: It can add income and account for the tax ramifications such as commissions, bonuses, overtime/holiday pay or expenses.
  • Workers’ Compensation: It offers pay-as-you-go workers’ compensation called E-Comp. It has no deposit or down payment, and it bases premiums on the actual payment amounts rather than the estimated amount.
  • Attendance Tracker: Track is an add-on that tracks attendance. It's made by the same company and lets users clock-in and out, review and approve time, send reminders, track overtime and more. It gets transferred back to the main solution to calculate payment.
  • Time-Off Manager: Luna is an add-on made by the same company. Users can request time off, approve requests, look at a responsive calendar for upcoming employee vacation and more. This information is then ported to the main solution.
read more...

Product Ranking

#21

among all
Payroll Software

#28

among all
Payroll Software

Find out who the leaders are

User Sentiment Summary

Excellent User Sentiment 1069 reviews
Excellent User Sentiment 433 reviews
93%
of users recommend this product

Square Payroll has a 'excellent' User Satisfaction Rating of 93% when considering 1069 user reviews from 4 recognized software review sites.

93%
of users recommend this product

Wagepoint has a 'excellent' User Satisfaction Rating of 93% when considering 433 user reviews from 5 recognized software review sites.

n/a
4.6 (11)
4.4 (23)
4.6 (43)
4.66 (571)
4.64 (210)
4.6 (471)
4.7 (168)
4.5 (4)
4.0 (1)

Awards

Square Payroll stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

Wagepoint stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

Synopsis of User Ratings and Reviews

Simple UI: Over 90% of users who discussed the ease-of-use were impressed by the system.
Affordable: Reviewers felt the pricing was appropriate and affordable in more than 90% of comments that discussed it.
Efficient Payroll Processing: More than 90% of users who discussed payroll processing felt it worked well.
Highly Recommended: In reviews that discussed recommending the service, over 80% said they’d advise other businesses to use it.
Filing Taxes and Reports: More than 80% of comments that discussed filing taxes and year-end reporting were happy with its capabilities.
Adequate Functionality: Users liked the features and felt they worked well in over 80% of reviews that talked about it.
Show more
Easy to Use: Users praise Wagepoint for its intuitive design and ease of use, making payroll processing straightforward even for those without prior experience.
Excellent Customer Support: Users consistently highlight the exceptional customer support provided by Wagepoint, with knowledgeable and responsive representatives readily available to assist with any questions or issues.
Accurate and Reliable: Wagepoint is known for its accuracy in calculating payroll and taxes, providing peace of mind to businesses that their employees are being paid correctly.
Time-Saving: Wagepoint automates many payroll tasks, such as tax calculations and filings, freeing up valuable time for business owners and HR professionals.
Comprehensive Features: Wagepoint offers a wide range of features, including direct deposit, employee self-service, and reporting capabilities, catering to the diverse needs of businesses.
Show more
Limited Customization Options: Over 70% of reviews that talked about customization said the options were inadequate.
No Employee Discounts: Businesses had trouble giving employees discounts in over 70% of comments that discussed it.
Show more
Customer Support Challenges: Users have reported difficulties reaching customer support and receiving timely assistance for urgent payroll issues.
Software Glitches: Some users have experienced technical issues and software glitches that have disrupted their payroll processing.
Limited Features: Wagepoint may lack certain advanced payroll features that larger businesses or those with complex payroll needs require.
Show more

Square Payroll is an online payment, time and attendance and POS system. Users like it best because it’s easy to use with an intuitive design that can be adopted quickly. They felt the pricing was fair and were especially pleased with its efficient processing of payment. Many users said they’d recommend it to other businesses similar to their own and were happy with its ability to create and file sales, quarterly and new hire reports. Lastly, they were pleased with its features, specifically its easy sign-in, reporting, time tracking and tax calculating. On the con side, customization options were minimal as it’s a reasonably straightforward system. Many companies that use the solution are restaurants that either want to give employees discounts on food or pay with money from their upcoming paycheck. They were displeased with its inability to allow this. Overall, this solution is excellent for small businesses, especially retail and food service. Larger companies should look elsewhere.

Show more

Get ready to "wage" goodbye to payroll headaches: Wagepoint has been making waves in the payroll software scene, and user reviews from the past year paint a pretty clear picture of what it's all about. Wagepoint seems to hit the sweet spot for businesses of all sizes, but it particularly shines for those who value simplicity and friendly support. Users rave about how easy it is to set up and navigate, even for folks who aren't exactly tech-savvy. Features like employee profile management, time tracking, payroll reports, and direct deposit are all there, making it a one-stop shop for your payroll needs. Plus, their customer support team gets a gold star for being super responsive and helpful. However, no software is perfect, and Wagepoint does have a couple of drawbacks. Some users find the price tag a bit steep compared to other options out there. Additionally, while it does integrate with some accounting software, it might not play nicely with all the tools you're currently using. So, if you've got a complex tech stack, you'll want to double-check compatibility before diving in. What really sets Wagepoint apart is its focus on user-friendliness and top-notch support. It's like having a friendly payroll expert on call whenever you need them. This makes it a great fit for small businesses and startups that might not have a dedicated HR team. If you're looking for a payroll solution that's easy to use, reliable, and comes with a friendly face, Wagepoint is definitely worth checking out. Just remember, the software landscape is constantly evolving, so it's always a good idea to compare the latest offerings before making a decision.

Show more

Screenshots

Top Alternatives in Payroll Software


ADP Workforce Now

APS Payroll

Gusto

Namely

OnPay

Patriot Payroll

Paychex

Paycom

Paycor

Paylocity

Payroll4Free

QuickBooks Payroll

Rippling

TriNet

Workday HCM

Related Categories

WE DISTILL IT INTO REAL REQUIREMENTS, COMPARISON REPORTS, PRICE GUIDES and more...

Compare products
Comparison Report
Just drag this link to the bookmark bar.
?
Table settings