Payroll apps are a handy thing indeed, getting our salary to us in faster, more trackable ways to avoid the anxiety that often accompanies paper pay stubs and all that goes with them.
Paper. Honestly.
As regular readers know, PYMNTS’ Provider Ranking of Payroll Apps is perhaps the steadiest of them all, rarely changing, and then only for good reason. People take their paychecks seriously.
With that in mind, let’s see what the payroll apps have been up to since last month.
Spoiler alert: There are more changes this cycle than we’re used to seeing. Don’t panic.
The Top Five
Topping the charts, as is its custom, we’ve got Paychex Flex at No. 1.
The Paycor app is also in its usual spot at No. 2, having raised $425.5 million in a July IPO.
Alliance MyPay sticks at No. 3 for another go-around, as we suspected it would.
Continuing its little game of up one month, down the next, the Zenefits app rises a spot to No. 4.
The price of that gain is paid by Square Payroll, which gets pushed down a spot to No. 5.
How’s that for quick and concise?
The Top 10
Going below the top five waterline, it’s still QuickBooks Payroll at No. 6. The company introduced Money By QuickBooks in October to help SMBs with cash flow. Might that change the rankings?
Similarly, the TriNet app hangs in at No. 7, where it’s set up housekeeping these past months.
Here’s an unexpected change: The RUN Powered By ADP climbs up one chart position to take No. 8 this month.
Where there’s one gainer, we often find another. In this case, it’s the Payrollguru app, also up a spot to No. 9 in what could be the start of a trancelike ascent to the very top. As the Zen master famously said, “we’ll see.”
That’s where the gainers depart, as the Rippling payroll app drops two chart positions to land at No. 10 this cycle. Staying in the race is the next best thing to winning it, so small victory there.
So goes another Provider Ranking of Payroll Apps. See you next month, preferably on payday.