WHAT IS GUSTO: Features, Review, Pricing & More

Welcome to our in-depth look at Gusto, the payroll software that is changing the way businesses manage payroll. In this blog article, we will look at Gusto’s features, benefits, and pricing, as well as present informative reviews and comparisons to its competitors. Understanding Gusto’s capabilities will help streamline your payroll operations and free up valuable time for other critical activities, whether you’re a small business owner, an HR manager, or an accountant.

What is Gusto?

Gusto is a payroll software that streamlines and automates payroll management for businesses of all sizes. Gusto, formerly ZenPayroll, provides a full set of functions like payroll processing, tax calculations and filings, benefit administration, time tracking, and more. Its user-friendly interface and intuitive design make payroll management accessible to folks with no accounting or HR knowledge.

Gusto Payroll

Gusto Payroll’s ability to automate payroll operations is one of its primary features, eliminating the manual effort and potential errors associated with traditional payroll systems. With a few clicks, Gusto calculates and deducts taxes, conducts payroll, and generates pay stubs. The software interfaces with a variety of time-tracking systems, optimizing the process even further by automatically importing hours worked and eliminating the need for manual data entry.

It also ensures tax compliance by handling tax calculations and generating tax forms such as W-2s and 1099s. The software is continually updated to reflect the most recent tax legislation, ensuring accuracy and freeing businesses from the stress of constantly monitoring and implementing tax changes.

Gusto Account Verify

When it comes to sensitive employee data, security is a major consideration for businesses. Gusto recognizes this problem and provides Gusto Account Verify, a feature that adds an extra layer of protection to your payroll system to prevent unauthorized access. Account Verify employs two-factor authentication, which requires users to enter a unique verification code in addition to their login credentials. This feature provides businesses with peace of mind by helping to protect against potential data breaches and illegal access.

Gusto Pricing

Pricing is an important factor for businesses of all sizes when selecting a payroll system. Gusto recognizes the importance of cost and provides pricing plans to meet a variety of needs and budgets. This section will look at the Gusto pricing structure and the value it offers enterprises.

#1. Transparent and Flexible Pricing Tiers:

Gusto has a clear pricing strategy that is based on a per-employee, per-month basis. The pricing is divided into three tiers: core, complete, and concierge. Each tier provides different features and levels of support, allowing businesses to choose the package that best meets their needs.

Core: The Core plan is an entry-level solution with important payroll capabilities, including automated payroll processing, tax filings, and employee self-service tools. This package is appropriate for small businesses searching for a simple payroll solution with no frills.
Complete: The Complete plan includes all of the Core plan’s capabilities as well as increased HR capability. It also includes features like time-off tracking, staff onboarding, and employee surveys. This package is excellent for companies that wish to integrate their payroll and HR procedures into a single platform.
Concierge: The most complete option, the Concierge plan, provides organizations with specialized assistance and personalized HR consultancy services. The Concierge plan, in addition to the features of the Complete plan, adds HR compliance advice, access to qualified HR consultants, and customized employee handbooks. This package is appropriate for companies that want more comprehensive HR help and direction.

#2. Affordable Pricing for Growing Businesses:

Gusto’s pricing is geared to support enterprises at various levels of development. Businesses may increase their payroll solution as their workforce grows thanks to per-employee, per-month pricing. Businesses don’t have to worry about high upfront charges or long-term contracts when they use it. The pricing is adaptable, and firms can quickly add and subtract personnel as needed, ensuring that they only pay for the services they utilize.

#3. Value for the Price:

While Gusto’s pricing is competitive, it is crucial to assess the value it gives organizations. By automating payroll operations and decreasing manual data entry, the software’s straightforward interface and user-friendly features save organizations time and effort. Its tax filing features aid in ensuring tax compliance, saving firms from potential penalties and blunders. Furthermore, its integration possibilities with other corporate tools, such as accounting software and time-tracking systems, improve productivity and optimize operations.

Gusto Reviews

Let’s look at reviews from actual users who have used Gusto’s payroll software to learn more about its effectiveness and customer satisfaction. These testimonials offer insightful viewpoints on the software’s usability, functionality, customer service, and overall worth.

Positive User Reviews:

“Gusto has been a game changer for our payroll management,” says John from ABC Company. The user interface is simple to use, making it simple to navigate and process payroll with a few clicks. The automatic tax filings have saved us a lot of time and taken away the stress of keeping up with ever-changing tax legislation. The customer service crew is quick to respond and always willing to help with any questions. It has made our payroll operations considerably simpler and our lives much easier.”
“We switched to Gusto after struggling with manual payroll processing,” says Sarah from XYZ Organization. The changeover was smooth, and Gusto’s onboarding procedure made setting up our employee data simple. The time-off monitoring feature has been especially helpful, allowing us to easily manage employee leaves and accruals. The software produces precise pay stubs, and the tax calculations are always correct. It has outperformed our expectations and has become an essential component of our HR and payroll operations.”
“As a small business owner, Gusto has been a game changer for me,” says Michael from 123 Business Solutions. The cost of their pricing levels, combined with their extensive features, have made them an ideal fit for my company. I like how simple it is to use and how quickly and precisely it processes payroll. Our financial record-keeping has also been streamlined as a result of the integration with accounting software. Gusto’s customer service is excellent, and they have always been available to me when I needed it. I strongly recommend it to any small business owner looking for a dependable payroll solution.”

Competitive Edge and User-Friendly Interface:

Several reviews highlight Gusto’s competitive advantage and user-friendly design, which make it accessible to firms that need substantial accounting or HR backgrounds. The software’s simple navigation and intuitive design offer a pleasant user experience. Businesses value how simple it is to process payroll, generate reports, and handle tax-related duties without specialist knowledge or training.

Efficient Customer Support:

Gusto’s customer support team is commended for being responsive and knowledgeable. When users have inquiries or encounter problems, they appreciate the rapid assistance they receive. Gusto’s customer service goes beyond troubleshooting to offer advice on payroll best practices and regulatory issues. The availability of several support channels, such as phone, email, and live chat, guarantees that businesses receive the assistance they require on time.

Gusto Competitors

While Gusto is a top payroll software solution, it is critical to investigate and compare competitors before making a selection. Let’s take a glance at some of the most prominent competitors in the payroll software market.

#1. ADP (Automatic Data Processing):

ADP is a well-known payroll and human resource management solution that serves organizations of all sizes. Also, ADP provides payroll processing, tax calculations and filings, benefits administration, time and attendance tracking, and HR management functions as part of its broad range of capabilities. ADP is well-known for its scalability and ability to handle complicated payroll needs.

#2. Paychex:

Paychex is another important competitor in the payroll software market, specializing in payroll and human resource solutions for small and medium-sized organizations. Also, Paychex provides services like payroll processing, tax filings, time and attendance tracking, employee benefits administration, and HR reporting. Paychex is well-known for its strong customer service and individualized assistance.

#3. Paycor:

Paycor is a complete HR and payroll solution for small and medium-sized organizations. Payroll processing, tax calculations and filings, time and attendance management, HR documentation and compliance, and employee self-service capabilities are among the services available. Paycor is well-known for its easy-to-use interface, customized reporting, and great customer service.

When evaluating competitors to Gusto, it’s crucial to consider factors such as pricing, scalability, ease of use, customer support, and the specific needs of your business. Conducting a comprehensive comparison and possibly obtaining demonstrations or trials from several providers will assist you in making an informed decision that meets your needs.

What is Gusto used for?

Gusto handles payroll for employees and contractors, as well as employee benefits like health, retirement, and more. The platform also provides extras like automated charitable donations and a wallet that gives employees more discretion over how and when they spend their money.

Is Gusto a legit company?

Gusto is a top online payroll provider for small businesses. This implies it includes all of the necessary payroll tools.

What employers use Gusto?

Companies using Gusto Payroll include:

Murdock Martell, Inc
Firewood Marketing
University of Chicago
LinkedIn

What is the difference between QuickBooks and Gusto?

Gusto plans contain more startup-friendly tools, such as HR templates, which are useful for employee onboarding. It also provides free direct deposit and simple third-party integration for your contractors. Gusto is an excellent payroll service for startups because of these qualities.

Is Gusto just payroll?

No, Gusto is not just payroll software. While payroll processing is one of Gusto’s core features, the platform offers a range of additional functionalities to support various aspects of HR and employee management.

How much monthly is Gusto?

Gusto offers three paid tiers. The Simple plan costs $40 per month, with an additional $6 per employee. The Plus plan costs $80 per month, plus an additional $12 per employee. Finally, the Premium plan has a personalized pricing mechanism that is decided on an individual basis.

How quickly does Gusto pay?

Gusto Embedded offers next-day payroll, two-day payroll, and four-day payroll. You can change these settings by using the Update a company’s payment configuration endpoint. You can handle payroll up to one business day ahead of the check date with next-day payments.

What 401k does Gusto use?

Gusto collaborates with Guideline to offer 401(k) retirement plans to employers. Guideline is a retirement plan provider that provides low-cost, user-friendly 401(k) programs to small and medium-sized enterprises. Gusto’s integration with Guideline allows businesses to set up and manage their employees’ 401(k) plans from within the Gusto platform.

Is Gusto in the USA?

Yes, Gusto is a payroll and HR software company established in the United States that mostly services domestic businesses. Gusto is specifically intended to comply with US tax and labor requirements, making it ideal for enterprises doing business in the US.

Is Gusto or QuickBooks cheaper?

While both companies provide comparable pricing, Gusto costs more than twice as much as QuickBooks for contractor-only services. Gusto users, on the other hand, can add international contractor payments to pay freelancers in over 120 countries.

Does Gusto do bookkeeping?

No, Gusto does not provide bookkeeping services. While Gusto offers robust payroll and HR features, it does not include full-fledged bookkeeping capabilities. Gusto primarily focuses on automating payroll processes, managing employee data, and facilitating tax filings.

Conclusion

For businesses looking to optimize their payroll operations, Gusto Payroll provides a robust and user-friendly solution. Gusto stands out as a top choice in the payroll software market because of its strong features, automated calculations, better security, and cheap pricing. Positive feedback from satisfied customers further demonstrates its authenticity and effectiveness. However, it is critical to investigate Gusto’s competitors and evaluate their features to make an informed decision that meets your company’s specific needs.

Gusto promotes itself as a dependable partner as you embark on your payroll management journey, reducing the intricacies of payroll processing and freeing up vital time for you to focus on other critical elements of your organization. Gusto is well-positioned to satisfy the payroll demands of businesses of all sizes because of its efficiency, accuracy, better security, competitive pricing, and great customer service.

So, why wait? Explore the power of Gusto and experience the benefits of streamlined payroll management today. Unlock efficiency, simplicity, and peace of mind with Gusto Payroll.