Payroll Companies in Indianapolis
Indianapolis's Best Payroll Companies
- User-friendly platform
- Multiple payment schedules
- Affordable pricing
- Health benefits integration
- Expert customer service
Gusto is designed for small businesses and offers many great benefits. As a cloud-based platform, businesses can easily access payroll wherever is most convenient. Its key services include full-service payroll, insights and reporting, talent management, and direct deposits. With Gusto, businesses can easily manage health care benefits, tax filing, and workers’ comp insurance.
Gusto offers a user-friendly platform that can integrate easily with other software. They have flexible pricing options as well, making them an excellent fit for any business. Other resources like customer support, accounting tools, and legal compliance ensure businesses stay on top of their payroll.
- Low-cost payroll solution
- Customizable payroll reports
- Flexible payment schedules
- Employee self-service portal
- Mobile app availability
Businesses looking for affordable yet reliable payroll software can turn to Patriot. Patriot is a low-cost platform with both basic and full-service payroll options. It utilizes user-friendly software and allows businesses in Indianapolis to process their payroll quickly. It guarantees accurate tax calculations, unlimited payroll runs, and free direct deposits or printed checks.
Patriot gives access to a robust platform that offers businesses all the necessary tools to ensure payroll is done right. The integration software also allows Indianapolis businesses to implement Patriot into existing tools like QuickBooks. Overall, Patriot provides a cost-effective solution for payroll and HR services.
- Expert customer support
- Easy setup process
- Secure online portal
- Affordable pricing plans
- Direct deposit options
SurePayroll is a payroll provider dedicated to small businesses. With comprehensive and affordable solutions, it ensures all Indianapolis businesses never have to worry about payroll. It offers complete payroll processing, compliance assistance, and live customer support. Business owners and HR managers can access and run payroll from anywhere at any time, and employees can access self-service tools.
SurePayroll also helps businesses take care of their employees. They help companies with health care benefits, workers’ comp, and 401(k) plans. Businesses can even automate their payroll, ensuring it is never missed or delayed.
AccuPay
Address:
584 N. Emerson Avenue
Greenwood, Indiana 46143
Phone: (317) 885-7600
AccuPay enables businesses to manage all aspects of their workforce through one platform. It offers payroll services, human resources, and time and labor management applications, all on a cloud-based system. AccuPay is designed to fit businesses’ unique needs, allowing owners to use only the services they want.
ASAP Payroll Service
Address:
8130 S. Meridian Street, Suite 4C
Indianapolis, Indiana 46217
Phone: (317) 887-2727
ASAP Payroll Service provides personal, comprehensive solutions for businesses in Indianapolis, keeping clients compliant and employees paid correctly. Other services they offer include employee onboarding, background checks, benefits administration, employee self-service, and more. Businesses looking for reliable and customizable payroll options can benefit from using ASAP.
J.R. Helms & Associates
Address:
7960 Zionsville Road
Indianapolis, IN 46268
Phone: (317) 337-2980
J.R. Helms & Associates is a certified accountant and entrepreneurial consultant that offers payroll services to small businesses. Indianapolis small business owners looking for advice on areas like payroll, QuickBooks implementation, accounting, and more can benefit from J.R. Helms. With online full-service payroll and post-payroll solutions, businesses in Indianapolis will never have to worry about payroll again.
How do payroll services work in Indianapolis?
If a business in Indianapolis, IN, wants to be successful, finding a reliable payroll service is essential. After all, not only are you required by law to pay your employees accurately and on time, but you also have to withhold taxes, which usually vary from person to person. This can be a very challenging task for business owners to do—especially on top of their own responsibilities.
Luckily, this is where payroll services come into play. They take on the burden for you, keeping all the records and completing all the calculations needed to pay everyone correctly. Indianapolis payroll services work by looking at your business and giving you the needed services.
Payroll services save companies time and money, handling complicated and important tasks:
- They calculate and process employee paychecks,
- Withhold state and federal taxes,
- And ensure compliance with local and national labor laws.
When businesses work with a payroll provider that handles all these things and more, they can avoid costly mistakes. For instance, if a business accidentally over or underpays employees, it will cause not only frustration but legal issues.
Another way payroll works is by giving businesses valuable insight into their finances and labor costs. With all the information ready and available, owners can make informed decisions about hiring and staffing. By having real-time data at your disposal, you can easily manage the business and plan for future growth.
How much do payroll services cost in Indianapolis?
Much like any state, the cost of payroll services in Indianapolis depends on a few factors. Some of these include the size of the business, the type of services needed, and the number of employees. In most cases, small businesses in Indianapolis can expect to pay an average of $20 to $500 per month for payroll services. This is just an estimate, as actual costs will vary.
Large businesses with thousands of employees will naturally pay more for their payroll than small businesses with 3-10 employees. Also, some payroll providers have add-on services not included in the initial package. Companies who use those will also pay more for their payroll. As such, there’s no one-price-fits-all when it comes to the payroll services Indianapolis offers.
When choosing which payroll provider is right, consider the value of the services and your company’s unique needs. Then, narrow down your options by researching different providers and what they offer. After, compare the pricing options and growth potential to pick the best for you. It’s always a good idea to consult a financial advisor or accountant as well.
Payroll laws in Indiana
All businesses operating in Indianapolis, IN, and the surrounding neighborhoods and suburbs must adhere to the payroll laws. These include both state and federal laws, and failing to comply results in costly fines and penalties. Below, we list a few keys laws employers in Indianapolis and the suburbs, such as Carmel, Zionsville, Lawrence, Avon, and Greenwood, should be aware of:
Minimum Wage: In Indiana, the minimum wage is the same as the federal minimum wage, which is $7.25 per hour as of January 1, 2024. Employers in Indianapolis, Carmel, Zionsville, Lawrence, Avon, and Greenwood must ensure that their employees are paid at least this amount. Employers must also have this information clearly visible somewhere in the workplace.
Overtime: Like most states, Indiana law requires employers to pay non-exempt employees 1.5 times their hourly rate for every hour worked over 40 in a single workweek. Some employees are exempt and are not entitled to overtime pay.
Pay Frequency: Employers in Indianapolis, Carmel, Zionsville, Lawrence, Avon, and Greenwood are required to pay their employees on regularly scheduled days and must adhere to a certain frequency of payments. Currently, Indiana employers must pay most hourly employees biweekly or semi-monthly.
Payroll Taxes: Employers in Indianapolis and surrounding areas must withhold certain taxes from their employees’ paychecks. This includes state income taxes, county taxes, federal taxes, and unemployment taxes.
Workers’ Compensation Insurance: Employers in Indiana must also carry Workers’ Compensation insurance to cover their employees in case of an injury or death due to the workplace. For more information about Workers’ Comp in Indiana, visit the Indiana Compensation Rating Bureau.
These are just a few of the payroll laws Indiana businesses must comply with. Other laws include child labor, time off and leave, record-keeping requirements, and more. It is vital for businesses to stay up-to-date on these laws, taking note of any changes and new regulations.
Luckily, businesses don’t have to work alone in this ever-changing field of laws and regulations. Payroll providers stay on top of laws and make sure businesses stay compliant. By working with a reputable payroll service, businesses can focus on growing and expanding.
The Bottom Line
At the end of the day, payroll services allow business owners in Indianapolis to benefit from improved accuracy, legal compliance, reduced administrative burdens, and expanded insights into labor.
Additionally, they often have HR tools and services like onboarding, benefits administration, and attendance tracking, adding another layer of assistance to make a business run smoothly.
Payroll can provide small businesses or growing organizations with valuable support. Managing payroll and HR responsibilities does not have to be a time-consuming task. When you choose a reputable provider that understands the unique needs of your business in Indianapolis, you can rest easy knowing your business is in good hands.
The methodology behind our rankings
For every provider we review, we look at a few key factors to make sure they are truly beneficial for small businesses. These are the key factors we considered when selecting the best payroll service providers for businesses in Indianapolis, IN:
- Services offered: We looked for payroll companies that offered important services like payroll processing, tax filing, direct deposit, and employee self-service.
- Cost: We compared the costs of different providers, choosing the ones that fit most budgets. We also prioritized companies offering flexible pricing plans that could scale up or down depending on your business needs.
- Reputation and experience: We wanted payroll service providers with good reputations and years of experience. We analyzed customer reviews and testimonials to gauge providers’ reliability and customer service.
- Technology: We selected payroll services with up-to-date technology so businesses could automate payroll processes and receive online access to payroll data.
- Compliance: We made sure the payroll service providers on our list were knowledgeable and compliant with local and federal payroll laws and regulations.
- Customer support: We chose payroll service providers with excellent customer support who will address your questions and concerns in a timely manner.
- Scalability: We looked for payroll providers that could accommodate growing businesses and provide services for businesses of all sizes.
- Integrations: We considered payroll service providers that offered integration with other business software, such as accounting or time and attendance tracking, to help streamline processes and reduce errors.