How to Pick the Best Pay Stub Generator – A Simple Guide

All businesses have to send pay stubs to their employees, but the days of using old-school logbooks or spreadsheets are long gone. Many online services can do it for you in minutes.

What is a check stub exactly? It’s an itemized document listing an employee’s total wages, tax deductions, health or insurance deductions, and “take-home” pay. Employees often need these stubs to apply for a loan or verify salary history. 

Many businesses are now using software to complete these slips quickly and easily. Read below for some tips on selecting the best pay stub generator for your needs.

Find Best Pay Stub Generator by Price 

When running a business, you need to worry about the bottom line. You can’t afford to overpay for anything, including pay stub software. 

Investing in a good payroll generator will help you save time and money in the long-term. These services typically charge by the year, month, or per pay stub. 

The price may also increase based on what special payroll features come with the software. These features include compliance management, direct deposits, or employee self-service.

The best thing to do is estimate how many pay stubs you’ll need per year and then shop around to see which company offers the best rate. 

Take Advantage of Pay Stub Free Trails 

Every week you probably clean dozens of “free trial” emails from your junk folder. Now’s the best time to start using those 7-day or 30-day pay stub generator free trials. 

The most important factor in choosing the best pay stub generator is functionality. Is the program easy-to-use and intuitive? Or will you get frustrated spending hours on manual updates? Remember, you’re getting this software to be more efficient.

Ask what kind of customer support each company provides. Is a human being available to answer questions 24/7? As your business grows, you’ll need help expanding your payroll operations. 

Read Pay Stub Service Reviews 

Online reviews are very useful in selecting the right service. Most companies will post reviews directly on their website. You can also find them in blogs or online forums. 

Read each review carefully and get a sense of what others think. What’s working? What’s not working? How has it helped their business?

Nothing is better than hearing directly from people who’ve used the product. 

Another option is using a free pay stub template in Microsoft Excel. It won’t cost you a fee, but you’ll miss out on saving time, the benefits of automation and customer support.

Are You Ready to Let Software Do the Work?

As a business owner, you have so much on your mind. Budgets, attracting customers, employee relations, marketing and the competition — why not start automating some of these processes? 

Most companies even allow you to go paperless by generating and distributing your pay stubs online. 

Before selecting the best pay stub generator for you, take advantage of free trials to get a feel for the software and read online reviews of what other businesses thought about that service.