Finance & Accounting Articles

Payment Evolution Review – Finally Payroll Software That Works

by Stephanie Watson
Published on 25 February 2013

Doing the payroll for a small to medium size business is no fun. Who am I kidding, it's not fun for any business!

Getting the hours right, calculating taxes, adding commissions, bonuses, subtracting the coffee fund fee-it's complicated and easy to make mistakes.

PaymentEvolution says it makes doing a Canadian payroll fast and user friendly. I know as a small business owner that it can be confusing to keep everything straight. I often wish I had a software that let me keep track of everyone. Let's take a look with this Payment Evolution review.

End The Headache of Setting up Payroll and Keeping Up With Tax Laws

PaymentEvolution is an online, cloud-based payroll system for small to medium sized Canadian businesses and accountants. With the easy-to-use interface, it takes five minutes to set up your account and start doing a pay run. You don't have to worry about law and tax rate changes because the updates are automatic. It also easily integrates with other software you're familiar with such as FreshBooks, Kashoo, PayChequer, Quickbooks and others.

Small to Medium Size Canadian Businesses and Accountants

PaymentEvolution is available only in Canada. Small to medium size businesses get secure, easy to use payroll processing at a reasonable cost. Accountants can offer payroll services to their clients through the service. PaymentEvolution also keeps track of payments to contractors, which makes it super efficient to handle all your payroll needs.

Easy to Set Up, Easy to Use, No Updates

PaymentEvolution has an simple interface. One reviewer said, "I actually learned how to use it within just a few minutes-and within about 15 min of registering, we had finished our first payrun." It works with Quickbooks, Freshbooks, PayChecquer and many other accounting tools. You can offer electronic payment services like direct deposit.

You can access the app from any browser. Each employee can also access her individual payroll history. It's convenient because you don't have to deal with paper checks unless you want to because they will handle your automatic deposit payments. That makes it eco-friendly too! The company uses data centers that are state of the art and is "paranoid about keeping your data safe."

You don't have to update anything in order to stay current with Canadian tax law changes. It's all handled by PaymentEvolution. You can add custom deductions and benefits. Basically you enter employee data and pay rates and the software does the rest.

The Basics: What Does it Look Like?

When you are ready to do payroll, your first step is decide the pay cycle.

Then you check that salaries and pay rates are correct.

At the next screen, you update the hours worked.

You can look at payroll reports based on a number of criteria. Here you see the full list of employees and their data.

Here you can access employee time-sheet reports.

Easy, Quick and Up- to-Date, Always

The goal of PaymentEvolution is easy payroll operations. The interface is simple to use and to figure out. Most people report getting up to speed in minutes. Information is available to managers and employees from any web browser. You no longer have to worry about changes to tax laws, all the updates are automatic. You can handle payroll with print checks or direct deposit. Get one-click reports on a variety of topics in order to keep track of your metrics.

Unfortunately the service is strictly for Canadians or those with Canadian employees. This is very sad, indeed.

Support is comprehensive. Customer service is very friendly. You can get help by phone or online in the forum, via chat, support ticket, FAQ and Knowledge Base.

Will it Fit Your Budget?

The service is free if you have five or fewer employees and one user. Two paid monthly subscriptions are based on the number of users and employees.

Is it For You?

If you are looking for a simple, full featured payroll service for your Canadian business, PaymentEvolution is an excellent choice. You can get up and running in minutes and customize it easily. The price is awesome and I think anyone who owns a Canadian business should try this software.

Ratings: ease of use 5/5, features 45/5, value 5/5 and ease of deployment 5/5


Apps mentioned in this article