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Toast Payroll vs Wagepoint

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Pros
  • Industry-specific solution
  • Customizable plan
  • Unified solution
  • Mobile application
Pros
  • Time tracking application
  • Automated payroll runs
  • Tax filing and end-of-year reporting
Cons
  • Only works with Toast POS
  • Lack of third-party integrations
  • Contractual obligations
Cons
  • Not suitable for large businesses
  • Price not transparent
  • No HR solutions offered
Summary

Toast Payroll revolutionizes restaurant management by offering a comprehensive suite of services designed to streamline operations and enhance efficiency. Founded in Massachusetts in 2011, Toast has since become a leading player in the restaurant technology sector. Toast's impressive credentials include being recognized as a Certified Great Place to Work and receiving prestigious awards such as the NEVY Awards and the E&Y Entrepreneur of the Year Award. Their robust payroll software simplifies the payroll process with features like employee onboarding, payroll processing in all 50 states, timesheet integration, and access to HR resources. Toast's customizable plans and industry specialization ensure that restaurants of all sizes can benefit from their solutions. Toast tips manager, ToastPaycard, tax filing capabilities, and mobile app make Toast stand out for their scalability, sector expertise, and commitment to customer success. Despite some limitations, such as the requirement to purchase their POS system and occasional issues with tax payments, positive user reviews highlight the user-friendly interface, seamless tip integration, and reporting capabilities. Ultimately, Toast is a valuable partner for restaurants seeking to streamline their payroll operations.

Summary

Wagepoint is a Canadian payroll software company founded in 2012, headquartered in Toronto, that provides an intuitive, cloud-based payroll solution tailored for small and medium-sized businesses across North America. However, today, they are no longer operating in the USA.  With an easy-to-use interface and simple data entry, Wagepoint streamlines payroll tasks, handling all aspects of payroll processing and compliance, including tax calculations, filings, and payments. The platform integrates with over 40 popular accounting and HR systems, providing real-time reporting and analytics to help businesses track payroll costs and taxes. Wagepoint's user-friendly setup, positive customer service reviews, and affordability make them an attractive solution for small business owners who want to manage payroll efficiently and effectively. The company offers dedicated onboarding support and ongoing assistance through phone, email, live chat, and a comprehensive knowledge base. With a starting base price of $20 and a low $2 per-employee fee, Wagepoint provides an affordable entry point for first-time employers. Wagepoint's automatic full-service payroll, thorough tax remittance and reporting, and third-party integrations are key features that set them apart in the small business payroll software market. 

Quick Stats
  • Free Trial : Unavailable
  • Pricing Option : Monthly flat rate and per-employee
  • Transparent Pricing : Available
  • Pricing : Starting at $69 per month
  • Trustpilot Score : 3.7 out of 5
  • BBB Rating : B
Quick Stats
  • Free Trial : N/A
Selling Points
  • Reporting & analytics
  • All-in-one solution to manage restaurants
  • Seamless tip integrations
Selling Points
  • Time tracking application
  • Automated payroll runs
  • Tax filing and end-of-year reporting
Payroll Features
  • 401K Tracking
  • API/Integration Capabilities
  • Direct Deposit
  • FMLA Tracking
  • Generation of Pay Stubs & Reports
  • Mobile App for Employees
  • Multi-Country
  • Multi-State
Payroll Features
  • Undisclosed
    401K Tracking
  • Undisclosed
    API/Integration Capabilities
  • Undisclosed
    Direct Deposit
  • Undisclosed
    FMLA Tracking
  • Undisclosed
    Generation of Pay Stubs & Reports
  • Undisclosed
    Mobile App for Employees
  • Undisclosed
    Multi-Country
  • Undisclosed
    Multi-State
Tax Features
  • Compliance With State & Federal Tax Laws
  • Form 1099-Misc
  • Form W-2
  • Undisclosed
    Form W-3
  • Form W-4
  • Tax Filing
Tax Features
  • Undisclosed
    Compliance With State & Federal Tax Laws
  • Undisclosed
    Form 1099-Misc
  • Undisclosed
    Form W-2
  • Undisclosed
    Form W-3
  • Undisclosed
    Form W-4
  • Undisclosed
    Tax Filing
Training
  • Documentation
  • FMLA Training
  • Live Online
  • Videos
Training
  • Undisclosed
    Documentation
  • Undisclosed
    FMLA Training
  • Undisclosed
    Live Online
  • Undisclosed
    Videos
Automation Features
  • Calculate & Pay Employee Salaries
  • Real-Time Reports
  • Time, Attendance & Overtime Tracking
  • Update Real-Time Employee Information
Automation Features
  • Undisclosed
    Calculate & Pay Employee Salaries
  • Undisclosed
    Real-Time Reports
  • Undisclosed
    Time, Attendance & Overtime Tracking
  • Undisclosed
    Update Real-Time Employee Information
Compatibility
  • Android
  • Cloud-Based
  • iOS
  • Mac
  • Windows
Compatibility
  • Undisclosed
    Android
  • Undisclosed
    Cloud-Based
  • Undisclosed
    iOS
  • Undisclosed
    Mac
  • Undisclosed
    Windows
Business Size Supported
  • Large Businesses
  • Medium-Sized Businesses
  • Small Businesses
Business Size Supported
  • Undisclosed
    Large Businesses
  • Medium-Sized Businesses
  • Undisclosed
    Small Businesses
Customer Support
  • Blog
  • Demos
  • Email
  • FAQs
  • Help Guides
  • Live Chat
  • Undisclosed
    Mobile App
  • Phone
Customer Support
  • Undisclosed
    Blog
  • Undisclosed
    Demos
  • Email
  • FAQs
  • Undisclosed
    Help Guides
  • Undisclosed
    Live Chat
  • Undisclosed
    Mobile App
  • Phone

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