Compare the Top Payroll Software as of October 2026

What is Payroll Software?

Payroll software helps businesses automate the payment of salaries and wages to their employees. It is used to calculate and process payroll payments, manage employee information, and generate reports. It is a convenient and efficient way to ensure that employees are paid on time and accurately. Payroll software typically includes features for generating paychecks, direct deposit, tax filings, generating year-end tax forms (such as W-2s), and maintaining accurate payroll records. Additionally, many payroll software solutions integrate with time-tracking systems, HR management tools, and accounting software to simplify overall business operations and ensure accuracy in payroll processing. Compare and read user reviews of the best Payroll software currently available using the table below. This list is updated regularly.

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    Folks

    Folks

    Folks

    Folks Payroll is built specifically for Canadian payroll compliance — not a US platform adapted for Canada. Automate CRA remittances, T4 and RL-1 slip generation, ROE filing to Service Canada, CPP/QPP/CPP2 and EI deductions, multi-province income tax calculations, WSIB/WCB, Ontario EHT, and direct deposit. Employee data, worked hours, and absences flow directly from Folks HRIS into payroll, eliminating double entry and reducing errors every cycle. SOC 2 Type 2 certified, with all data hosted in Canada under PIPEDA and Law 25 — not subject to the US CLOUD Act. Bilingual (English/French). No third-party payroll provider needed.
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    Starting Price: $6 per employee per month
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