New Zealand's Payroll Comparison

Which Payroll Should You Pick?

_{A brief comparison between Your Payroll Ltd and other New Zealand Payroll providers.}

 

If you're concerned about which NZ Payroll to pick, don't worry, you're not the only one. This only means your business instincts have kicked-in, alerting you to be wary about what Payroll is right for your business.

 

First, in order to figure out how to make that decision, consider the following:

 

❯   Number of employees you have — Almost all cloud-based payroll software are priced on how many employees you have, usually in multiples of 5. Obviously the more employees you have the higher the cost is.

 

❯   Kind of services you want — NZ's payroll services come in ranges of full-support to add-ons to basic levels. Depending on the scale of your business, typically between starters and mid-sized, the cost is impacted.

 

❯   Level of support you need — Some payroll companies offer support separately, depending on your expertise level, you can choose phone support, chat, or plain emails. In most cases, this is crucial only in tricky situations such as alternative leaves, public holidays, etc.

 

❯   How much will you pay — Just like shopping, this is the final question, but we will not delve too much into it as it depends entirely on your situation. Although FREE does sound good, we DO NOT recommend spreadsheets at all.

 

So work out your answers to the questions above and then go ahead and pick your Payroll tool using the table below.

 

 

Payroll Provider	For 1-10 Employees	For 20+ Employees	Is It Cloud-Based?	Level of Support	Level of Service
Your Payroll	FREE	FREE	✔	Email	Self-service
Thank You Payroll (subsidised)	1-day processing is $260 2-day processing is free	1-day processing is $520 2-day processing is free	✔	Email + Phone	Complete service Includes filing returns
iPayroll	$1,144	$2,054	✔	Not clear	Complete service Includes filing returns
Ace Payroll	$250 for unlimited employees	$250 for unlimited employees	✘	Unlimited phone support for $195 p.a.	Self-input File own returns
Xero Payroll	Additional $25 for subscription	Additional $35 for subscription	✔	Email + Phone	Self-input File own returns
FlexiTime Payroll	$22 - $56 per month (depending on plan) $20 monthly fee	$40 - $140 per month (depending on plan) $20 monthly fee	✔	Email + Phone	Complete service

^{*Last updated: 30/09/2018}

 

Or, you can try our software for now, for FREE, and see for yourself what you really need. Our only catch is, you have to manually enter all details on your own. Our system will do the calculations.