Are there any SMB tech solutions that integrate accounting and payroll?

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April 17, 2022

by a searcher from Baylor University - Hankamer School of Business in Hampton, VA, USA

I'm transitioning from a corporate where we use an ERP that integrates everything into a single solution so I'm not very knowledgeable on this. As I talk with SMB owners about their financial tech stack it surprised me to learn that many that are using Quickbooks for accounting and then another separate solution like ADP for payroll, and for those with inventory a third separate system for inventory management. It seems as though they are spending lots of unproductive time just trying to reconcile all of these functions and systems. Is there not a good all-in-one solution for SMBs available? If so what are the recommendations? If not, why?

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Reply by a searcher
from Texas A&M University in Johnson City, TN, USA
I have used QBO for all the features you mentioned for 6 plus years, currently across three businesses. Payroll function is great.

Support is fine. Price is best and it is most widespread.

I just converted my first acquisition to QBO from Desktop version. Took a day. Direct deposit I had setup for first time in company history before first payroll. All without paying for 3rd party accounting/bookkeeping to do these.

I plan to use QBO for any new add ons. Advising one prospect right now on converting to the system.

Inventory functionality is fine too.
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Reply by a searcher
from New Mexico State University in Denver, CO, USA
My business also utilized QBO for both accounting and payroll. Very easy. As we have scaled we have since moved over to Zenefits as we needed a more robust payroll and benefits platform. However, there is seamless integration with QBO so we now have an enterprise-level HR platform and still able to keep all accounting functions with QBO.
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