Wagepoint vs Payfit: Which Payroll Software Is Better?

Both Wagepoint and Payfit are leading payroll software solutions, but which one is better for you and your business?

Below we compare Wagepoint and Payfit across nearly 50 different data points to help you make find the right one.

Wagepoint vs Payfit Reviews

	Wagepoint	Payfit
Trustpilot Rating	4.5	0
Number of Trustpilot Reviews	237	0
iPhone App Rating	0	not available
Number of iPhone App Reviews	0	not available
Android App Rating	0	not available
Number of Android App Reviews	0	not available

	Wagepoint	Payfit
Free Trial	n/a	Yes
Free Trial Length	n/a	n/a
Cheapest Plan Name	Cost per payroll	Light
Cheapest Plan Cost Per Month	$n/a	$93
Mid Priced Plan Name	n/a	Standard
Mid Priced Plan Cost Per Month	$n/a	$93
Top Plan Name	n/a	Premium
Top Plan Cost Per Month	$n/a	$167.39

Features	Wagepoint	Payfit
Target Business Size	Small business	Mid size business
Unlimited Payrolls	✘	✘
Automated Tax Filing & Payments	✔	✘
E-sign I-9 & W-4	✘	✘
Live Customer Support	✘	✔
Third-Party Integrations	✔	✔
Ability To Manage Employee Benefits	✘	✔
Employee Access To Platform	✔	✔
Direct Deposit	✔	✔
Expense Reimbursement	✔	✔
Time Off Accrual	✔	✔
Pre-Tax Deductions	✔	✔
Wage Garnishment	✔	✔
Background Checks	✘	✘
Check Printing	✔	✔
Check Delivery	✘	✘
API	✘	✘

Pay employees and contractors.
Direct deposit.
Online portal where employees can access paystubs and T4s.
Year-end T4/T4As and reporting.
No additional charges for money movement or remittance filing.
Federal and provincial/territorial income tax.
Employment Insurance/Québec Parental Insurance Plan (EI/QPIP) (employer and employee).
Canada Pension Plan/Québec Pension Plan (CPP/QPP) (employer and employee).
Monthly and accelerated remittance schedules.
Streamlined Record of Employment (ROE) submissions.
Comprehensive preset income and deduction codes.
Custom incomes and deductions.
Statutory holiday pay.
Workers’ Compensation (WCB/WSIB).
Employer Health Tax/Health Services Fund (EHT/HSF).
Built-in tips and guides.
Email processing reminders.
World-class support.
Multiple paygroups based on frequency.
Off-cycle payrolls.
Cloud-based software that can be accessed from anywhere.
2048-bit encryption using TLS 1.3 or 1.2.
Industry- and bank-grade processes.
Wagepoint staff are continuously trained on best practices.
Two-factor authentication for payroll administrators.
Client may also enable or disable employee access.
Posting journal.
Payroll register.
Payroll tax summary.
Deposit summary.
Workers’ Compensation (WCB/WSIB).

n/a

	Wagepoint	Payfit
Pros	User-friendly setup Customer service Affordability	Easy to understand and easy to use Customer support Integration with BambooHR HRIS system
Cons	Limited accounting software integrations Poor PTO and time-tracking tools No HR tools or HCM-adjacent features No mobile payroll app	Platform is slower and sometimes crushes at the end of the month Wrongly calculated payslip Requires third party integration in order to direct debit