Square Review 2021: Alternatives, Pricing, Features

Listed in our research on: Best Payroll Vendors - March 2021

Phil Strazzulla, HR Tech Expert
March 17, 2021

Square has been very wise to branch out and offer more tech products to the SMBs market. Millions of small business owners use them as an integral part of their operations.

What's Inside

Square Review

Square has become a household name for over 2 million businesses who use it to receive payments. But that’s not all they should be known for! Square also manages payroll and benefits administration amongst other fantastic features for small and medium businesses.

Square Customers

Blueprint Lightning, Fun Unlimited, Social Thinkking, Grace Records, Whisk Bakeshop

Square Stats

  • Used by over 2 million businesses
  • Founded in 2009
  • Over 6,000 employees

Square Resources

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Buying HR Software? Check out these resources

Key Square Features

  • Simple team management: Square tracks & syncs hours, reviews sales, and lets you manage permission if you use their team management integration.
  • Payroll specialists: For payroll and taxes, Square has support available to help at every step.
  • Multiple kinds of payments: Use direct deposits, checks, or the Cash App, at no extra charge for what you choose.

Square Implementation

Getting started with Square is really straightforward. You choose a plan, then a payment method, check for hours and earnings, make adjustments, review your work, and hit send.

Square Customer Success

Square has many resources in place for the small business owner. They have a blog, extensive guides on how to set up payroll for many scenarios, events, a community portal, a service status page, a support center, and expert guidance.

Square Key Integrations

Square Payroll integrates with QuickBooks and other third-party timecard partners. Almost needless to say, but they also sync with all their other products.

What to be aware of

With Square, payroll needs to be processed by 8:00 p.m. PT in order to make sure direct deposits happen that day.

Square Pricing

Square's payroll pricing depends on who you want to pay. If you want to pay employees & contractors, it starts at a $29 monthly subscription fee + $5 a month per person paid. If you'd like to pay contractors only, then it's just the $5 per month per each of them.

None of their plans require an annual commitment, so you can cancel at any time or freeze billing if you're not using the tool.

Square Alternatives

OnPay

Lowest cost option

ADP

Popular & scalable payroll solution

Namely

Streamlined payroll & HR suite

Paylocity

All-in-one payroll solution

Square

Payroll + payment services

Gusto

Payroll on autopilot

Justworks

Simple software + expert support

PayChex

Complete solution for US & Europe

Zenefits

Full HRIS with great payroll

QuickBooks

Payroll and financials for SMBs