PenSoft Payroll Plus logo

PenSoft Payroll Plus

by PenSoft · Since 1983
No reviews yet
ActiveAvailable globallyCloud
Quick facts
VendorPenSoft
Year launched1983
StatusActive
Location151 Enterprise Drive Newport News, VA 23603
Countries servedGlobal
Languages1
IntegrationsN/A
Free tierNO
Free trialYES
Contact salesNO

About PenSoft Payroll Plus

PenSoft Payroll is a comprehensive payroll and tax management software for small to mid-sized businesses. It automates payroll processing, tax calculations, and reporting, offering both on-premise and cloud-hosted deployment options.

PenSoft Payroll is a robust, long-standing payroll solution tailored for small to mid-sized businesses and accounting professionals. It distinguishes itself through a highly customizable architecture that handles complex payroll scenarios, including multiple pay frequencies, diverse tax jurisdictions, and intricate deduction setups. The software is available as a traditional on-premise installation or via a cloud-hosted solution, providing flexibility for different IT environments. A major strength is the company's commitment to free, unlimited program support, which is a significant value-add for users navigating complex tax compliance. While the interface is functional and comprehensive, new users may face a learning curve due to the depth of configuration options available. The product integrates well with accounting software and offers specialized add-ons like time tracking and benefits administration, making it a versatile choice for organizations seeking a reliable, all-in-one payroll engine.

Pros & Cons

Pros
  • Multiple company setups help payroll processors manage different client payroll requirements.
  • Extensive reporting includes user-defined options for reviewing relevant payroll accounting information.
  • Flexible payroll configuration supports varied incomes, deductions, taxes, benefits, and vacation.
  • Employee self-service provides secure access to electronic paystubs and W-2 documents.
Cons
  • Advertised annual prices cover only configurations supporting up to fifty employees.
  • Hosted access and associated services require clarification regarding additional ongoing charges.
  • Edition differences require careful checking before selecting features for specific requirements.
  • No named third-party accounting integrations appear within the supplied product information.

Features

Key features

Multiple Company Management

Maintain multiple companies with individual setup information, helping businesses and payroll processors organize separate employer requirements without treating every company as an identical payroll configuration.

Employee Self-Service

Post electronic paystubs and W-2s to a secure employee site, giving workers access to payroll documents through an associated service rather than relying on paper.

Direct Deposit

Use the associated direct deposit service to distribute employee pay electronically, with Professional Edition specifically positioned around simplifying payroll processing through this available payment method.

Payroll Reporting

Choose from hundreds of reports, including user-defined options, helping payroll teams review information in formats that support their business oversight, accounting activities, and administrative needs.

Flexible Payroll Configuration

Configure combinations of income, deductions, taxes, benefits, and vacation, helping payroll users accommodate different employee arrangements and maintain payroll settings suited to their organization’s requirements.

Additional features

Income, Deduction, and Tax Settings

Set up payroll using combinations of income, deductions, and taxes, helping administrators accommodate differing employee payment arrangements and maintain the payroll rules needed for their company’s regular payroll accounting process.

Electronic Employee Payments

Use PenSoft’s associated direct deposit service for electronic employee payments, with Professional Edition marketed around this capability, while confirming service enrollment, transaction charges, and implementation requirements before activating the arrangement.

Standard and User-Defined Reports

Use hundreds of available reports and user-defined reporting options to examine payroll information, helping administrators organize outputs around accounting requirements, internal review processes, and the information their business managers need.

Benefits and Vacation Management

Include benefits and vacation within payroll configuration, helping businesses maintain relevant employee compensation information alongside earnings and deductions rather than managing every component outside their selected payroll accounting software package.

Individual Company Setups

Create separate company setups with unique information, giving payroll teams a way to handle different employers and helping processors organize payroll work across their portfolio of individual business client accounts.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Annual plans

Professional Edition
USD 659/yr
flat rate · billed yearly · ≈ USD 54.92/mo

Annual subscription for up to 50 employees.

Source: vendor pricing page →
Enterprise Edition
USD 909/yr
flat rate · billed yearly · ≈ USD 75.75/mo

Annual subscription for up to 500 employees.

Source: vendor pricing page →
Platinum Edition
USD 1,489/yr
flat rate · billed yearly · ≈ USD 124.08/mo

Annual subscription for 501+ employees.

Source: vendor pricing page →
Premier Edition
USD 2,079/yr
flat rate · billed yearly · ≈ USD 173.25/mo

Annual subscription for 501+ employees with advanced features.

Source: vendor pricing page →

Countries & Languages

Global
Countries served
1
Interface languages
12
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇳CNY🇮🇳INR🇷🇺RUB🇲🇽MXN🇧🇷BRL🇺🇸USD

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