When it comes to choosing a payroll provider, there are many factors to consider. Do you want a provider that offers a full suite of HR services, or one that specializes in payroll? Do you want a cloud-based solution or an on-premise solution? Do you want a provider that serves businesses of all sizes, or one that specializes in small businesses?

In this article, we'll compare two popular payroll providers: Factorial and Gusto. We'll start by looking at the features each provider offers, then we'll compare their pricing. Finally, we'll give you our recommendations for which provider is best for which type of business.

Features

Factorial

Factorial is a full-service HR and payroll provider. In addition to payroll, they offer benefits administration, performance management, and a talent management system. Their payroll system is cloud-based and offers a self-service portal for employees. They also offer a mobile app for managing HR on the go.

Factorial offers a wide range of features, including:

• Unlimited payroll runs
• Direct deposit
• Tax filing and payment
• Benefits administration
• Performance management
• Talent management
• Employee self-service portal
• Mobile app

Gusto

Gusto is a cloud-based payroll and benefits provider. They offer a full suite of HR services, including payroll, benefits administration, performance management, and employee self-service. Their payroll system is designed to be user-friendly and offers a mobile app for managing HR on the go.

Gusto offers a wide range of features, including:

• Unlimited payroll runs
• Direct deposit
• Tax filing and payment
• Benefits administration
• Performance management
• Employee self-service
• Mobile app

Pricing

Factorial

Factorial's pricing is based on the number of employees you have. They offer a free plan for businesses with 1-5 employees, and their paid plans start at $5 per employee per month. They also offer a discount for businesses that pay annually.

Gusto

Gusto's pricing is based on the number of employees you have. They offer a free plan for businesses with 1-3 employees, and their paid plans start at $6 per employee per month. They also offer a discount for businesses that pay annually.

Recommendations

So, which provider is best for you? If you're looking for a full-service HR solution, then Factorial is a good choice. If you're looking for a payroll-only solution, then Gusto is a good choice. If you're looking for a free plan, then Gusto is the better choice. If you're looking for a discount for paying annually, then both providers offer a discount.

Ultimately, the best choice for you will depend on your specific needs and budget. We recommend that you compare the features and pricing of each provider to find the best fit for your business.