Author: Michelle Brannan

  • 11+ Best Automated Payroll Systems & Software [2024]

    11+ Best Automated Payroll Systems & Software [2024]

    The best way to stay organized in the busy world of entertainment is with an automated payroll system. You have a show to run–you don’t have time to field millions of invoice emails and calculate wages. 

    The right production payroll system can help streamline operations, reduce errors, and save valuable time and resources that can be better invested elsewhere. 

    This article will cover an extensive list of some of the best automated payroll software to consider so you can say goodbye to antiquated payroll systems and hello to efficiency, organization, and more time for creativity. 

    What is automated payroll?

    Automated payroll is a digital system that manages, organizes, and simplifies the overall payroll process. It can be a software or tool that keeps track of all financial records and documents for tax purposes and takes care of workers’ compensation, salaries, deductions, and more. 

    For a producer managing a major project, implementing a great automated payroll system can help you save time, avoid errors, and comply with local and national state and labor laws. 

    Automated Payroll Systems Benefits

    Automated payroll systems have revolutionized how businesses manage and execute their payroll processes. They handle every aspect of payroll management, from calculating payments and taxes to distributing employee wages and maintaining financial records–so you don’t have to. 

    If we listed every benefit that comes with using an automated payroll system we’d all be here all day! So let’s do a quick recap of the important ones: 

    • Saves Time: Automated payroll systems streamline the entertainment payroll process by quickly performing calculations that would otherwise take up all your time. Using a payroll system frees up time to focus on other important tasks within the production.
    • Compliance: Automated payroll systems are regularly updated to comply with tax laws and labor regulations for states and other territories. This helps your production avoid any costly penalties associated with non-compliance. 
    • Accuracy: Manual payroll processing is bound for error–we’re human, after all! Automated payroll systems are designed to compute payments accurately, accounting for variables such as overtime, taxes, and benefits deductions, with minimal errors.
    • Scalability: Automated systems can scale up to accommodate an increasing number of employees without any issues. 
    • Avoid Legal Risks: Employing an automated payroll system can also help you avoid any legal penalties and fees. Most payroll systems will handle taxes, bookkeeping, and classify workers correctly. If any of these tasks were done incorrectly, it could lead to serious issues for your production.

    Features to Look For In Automated Payroll Systems

    Choosing your automated payroll system should depend on what your production needs. Take some time to consider everything that will be used during your production. 

    Here are all the features that you need to have when searching for an automated payroll system: 

    • Tax management: Your software should make it easy (or at least easier) to manage the complexity of taxes! This includes correctly classifying employees and contractors, keeping tax records for tax season, calculating wages and deductions, and giving contractors and employees all the documents needed to file taxes. 
    • Workers’ comp: Your software needs to provide your 1099 workers with their Workers’ comp so that they have medical coverage in case of injury. If someone is injured on your set, you’ll be held responsible. Having workers’ comp prevents you from being sued, fined, or worse. 
    • Compliance: Compliance is making sure that your product is with the legal and labor of the state you’re filming in. Without compliance, you put yourself and your production at risk of being shut down or sued. If convicted, you will have to pay out of pocket for penalties and fees or serve time in federal prison.
    • EOR: Having an employer of record lets producers hire talent without having a physical entity or headquarters. On top of that, producers can manage documents for taxes, find and recruit talent, send payments, and comply with all local and state labor laws. 

    Finally, make sure that your payroll system is easy to use and intuitive. You want to be able to get up and running quickly–not spend months on training, onboarding, and configuring. 

    Best Automated Payroll Systems & Software

    Here’s our list of automated payroll systems that can help you streamline your payroll. 

    1. LUK

    Luk logo

    LÜK offers payroll management services for the heavy demands of the entertainment industry. The platform handles everything from providing workers’ comp for independent contractors and crew to ensuring that cast and crew are paid correctly and on time. It also oversees invoicing, payments, and compliance with payroll tax requirements and laws. 

    But that’s not all! 

    LÜK is an end-to-end production platform that also includes integrated budgeting, scheduling and crew management tools in addition to payroll and workers’ comp. 

    Finally: easy, efficient, and compliant production management.

    luk ad

    Features & Services:

    • Invoice Bundling: Bundle all 1099 payments for bookings, freelancers, and more into one invoice to reduce paperwork. 
    • Tax management: Automatically sends 1099-NEC to independent contractors exceeding the threshold set by the IRS for the upcoming tax season.  
    • Payroll management: Producers receive one invoice while payments are sent to 1099 contractors despite all talent from different agencies. This feature also takes care of talent agencies and talent payouts. 
    • Entertainment payroll processing: Talent and contractors are paid following federal and state labor laws, and clients can access payout confirmations and reports.

    2. ADP

    ADP is a payroll solution that merges human resources, payroll processing, talent acquisition, time tracking, taxation, and benefits management. ADP provides both local and global solutions and is a better fit for larger organizations. 

    Features & Services:

    • HR Services: 24/7 customer service to help users with their payroll, taxes, compliance, HR forms, and more. 
    • Contract Management: Takes care of onboarding, contractor pay, and compliance with all laws and requirements as an independent contractor. 
    • Talent Management: Helps with talent management through recruitment, onboarding, training, compensation, termination, etc. 
    • Insurance: Offers group health insurance, business insurance, Workers’ compensation, and more for teams and freelancers. 

    Pricing: No pricing information is provided online. 

    3. Gusto

    Gusto is a software solution designed to simplify payroll, human resources, and administrative tasks. The platform enables clients to sync payroll, automate talent recruitment, expedite employee onboarding, and manage taxes at year-end. 

    This software works best for independent contractors as well as medium-sized businesses.

    Features & Services:

    • Hiring and Onboarding: Post public job offers, create custom onboarding checklists, and integrate with applicant tracking software. 
    • Workers’ Comp: Covers medical expenses and wage replacement for injuries and protects employers from legal liability
    • Employee Benefits: Allows employers to offer their team benefits like health insurance, retirement plans, etc. 
    • Talent Management: Provide teams with tools to view and provide feedback for talent performance and development. 
    • Simple: $40 per month, or $6 per month, per person
    • Plus: $80 per month, or $12 per month, per person
    • Premium: Teams must contact Gusto for more details about the Premium plan.

    4. Quickbooks Online

    Intuit QuickBooks provides support for small businesses’ HR and payroll systems. The software automates various payroll tasks such as calculating employee wages, withholding taxes, processing direct deposits, and preparing tax forms. Users can run payroll on an automated schedule, pay both W-2 employees and 1099 contractors, and manage employee benefits and HR services. 

    Features & Services:

    • Tax Penalty Protection: Quickbooks will cover and pay up to 25,000 in penalties. 
    • Auto Payroll: Users can set up payroll to run automatically. 
    • Time Tracking: Users can approve time sheets and create invoices while on the go. 
    • 24/7 Support: Users can call anytime to get help or have their questions answered. 

    Pricing: 

    • SimpleStart: $30 per month 
    • Essentials: $60 per month
    • Plus: $45 per month
    • Advanced: $200 per month

    5. Paychex

    Paychex offers services in payroll, human resources, and benefits management. This platform aims to streamline processes like employee payroll calculations, new hire integration, and managing benefits. Paychex also has tools to help support independent contractors and freelancers. 

    Features & Services:

    • Time Clocks: Receive automated time tracking and reporting, hands-free payroll exports, wage compliance, cost management, etc. 
    • Self-Employed: Offers solo retirement plans, payroll and tax services, and round-the-clock support. 
    • Payroll Tax Services: Handles all payroll tax calculations, payments, and filing with the appropriate agencies. 

    Pricing: No pricing information is provided online.

    6. Square Payroll

    Square Payroll is a cloud-based payroll software for small to medium-sized businesses.  This platform specializes in tax management, inventory, financial services, and more. Users can pay employees and contractors using this platform.

    Features & Services:

    • Tax and Compliance: Takes care of ongoing state and federal tax filing, including w-2 and 1099-NECs. 
    • Accounting: Automate bookkeeping by syncing users’ data to QuickBooks Online. 
    • HR Manager: Users can get certified advice from HR experts to build handbooks. 

    Pricing: $35 per month and $6 per contractor

    7. Papaya Global

    Papaya Global is a payroll solution designed for organizations that have international employees. This platform streamlines the managing, automating, and ensuring compliance for all global payroll operations. Papaya also offers data security and analytics.

    Features & Services:

    • Contractors: Manage, onboard, and pay talent across the globe from one place with liability. 
    • Employer of Record: Users can hire from over 160 countries around the world. 
    • Equity Management: Grants equity type for all employees in all locations. 
    • Immigration: Helps employees navigate immigration laws, visa requirements, and work permits worldwide. 

    Pricing: Papaya starts at $3 per employee, per month

    • Full-service payroll: $12 per employee per month
    • Payroll Platform License: $3 per employee, per month
    • Data and Insights Platform License: $150 per location, per month
    • Payment-as-a-Service: $3 per employee, per month
    • Employer or Record: $650 per employee, per month
    •  Contract Management: $2 per contractor, per month
    • Global Expertise Services: $190 per employee, per month

    8. APS Payroll

    APS Payroll is a payroll and workforce management software for businesses of all sizes. This platform has a range of services, from HR management to self-service portals. Users can access documents like pay stubs and tax forms using the portal offered by APS Payroll. 

    Features & Services:

    • Payroll: Set gross wage limits, void payroll checks, import timekeeping data, and customize payroll processing. 
    • Workforce Planning: Users can address talent gaps, manage labor costs, and streamline onboarding for employees. 
    • Core HR: Eliminate paper and make the HR management online with automation. 
    • Attendance: Track time, schedule employee shifts, and control labor costs from one place. 

    Pricing: APS Payroll offers three plans: Payroll, Payroll and Attendance, and Payroll + HR+ Attendance. However, there isn’t any pricing information available online. 

    9. Deel

    Deel is a worldwide payroll and compliance solution that helps companies with recruiting and overseeing remote teams across the globe. This platform provides resources to simplify payroll for international workers and independent contractors, so businesses can pay international employees in their local currencies.

    Features & Services:

    • EOR: Hires employees from over 100 countries, with or without entities. 
    • Contractors: Manages compliance and pays all international contractors. 
    • Deel HR: Automates HR admin and reporting for employees in the global HR system
    • Global Payroll: Run payroll in over 100+ countries or wherever users have entities.

    Pricing: 

    • Deel HR: Free for teams with up to 200 people
    • Contractors: $49 per month
    • EOR: $599 per month
    • Global Payroll: Get a quote
    • Immigration: Get a quote

    10. Paylocity

    Paylocity is a cloud-based payroll and HCM software that streamlines various HR tasks. Some of the services Paylocity offers are benefit administration, talent management, attendance tracking, and analytics.  

    Features & Services:

    • Hiring: Recruit new talent with job listings and custom videos, launch background checks, and reach out to candidates with text or email. 
    • HR Software: Users can access the self-service portal for benefits packages, training, payments, and more. 
    • Time and Attendance: Users can manage time off, apply shift differentials, and use points to track attendance automatically. 

    Pricing: No pricing information is provided online.

    11. SurePayroll

    SurePayroll is a payroll software that caters to small and medium enterprises. The service has services such as tax handling, reporting, setting up direct deposit, and more. In addition, SurePayroll also offers tools and services to support clients’ needs in benefits administration and HR management. 

    Features & Services:

    • Payroll on the Go: Users can manage payroll from anywhere using the mobile app. 
    • Tax Filing: File federal, state, and local taxes and deposits, and stay current on changing laws. 
    • Reporting: View and download customizable reports, and user can  integrate reporting into accounting software 
    • Direct Deposit Setup: Pay employees on time or cancel payroll to fix errors and have access to same-day and next-day payroll. 

    Pricing: SurePayroll starts at $4.99 per month

    Use the Best Automated Payroll Software

    With the right automated pay system or software, you can pay all contractors and employees on time without the hassle of calculating, reviewing documents, and creating invoices. You can also avoid any legal penalties and fees since automated payroll systems can accurately classify workers, provide insurance and coverage, and maintain tax documents for W-2s and 1099-NECs. 

    What’s the best automated payroll software for productions? LÜK!

    LÜK provides a straightforward platform designed to make it simple for producers to track and manage their 1099 payroll. The platform can accurately classify work, extend workers’ compensation coverage, serve as the official employer on record, and easily send out 1099-NEC forms when tax season arrives.

    Streamline the way you do payroll with LÜK! 

  • Wrapbook Review: Unwrapping this Entertainment Payroll Software [2024]

    Wrapbook Review: Unwrapping this Entertainment Payroll Software [2024]

    There are many entertainment payroll services available for producers and accountants who need help managing their finances and paying people on time. One of those solutions is Wrapbook

    In this post, you’ll learn what this platform does, who it’s for, and whether it’s worth considering.

    What is Wrapbook Payroll?

    Wrapbook is a payroll software specifically designed for those in production. It connects everyone on the team, including producers, cast, crew, and accountants.

    If you’re in charge of payroll, Wrapbook allows for the creation of crew profiles that monitor union and non-union workers from one job to another. Their mobile time cards allow for the correct calculation of their pay. 

    The service also shows all expenses in one place, including payroll, purchase orders, and petty cash, and users can generate reports whenever the need arises.

    Wrapbook Review

    Here’s a breakdown of all Wrapbook features to help you decide if this production payroll company is what your production needs right now.

    Wrapbook Features: How Does Wrapbook Work?

    Here are some of the available features when you use Wrapbook for your production.

    Entertainment Payroll

    The most important Wrapbook feature is arguably its payroll capabilities. The tool aims to ensure everyone gets paid on time by recording hours, reimbursements, expenses, kit fees, and more.

    Pay the whole crew with the click of a button, and automate compliance for union dues like SAG-AFTRA, DGA, and more.

    The whole crew accesses their information through the iOS app, where information updates in real-time.

    Onboarding

    Wrapbook allows for the addition of new workers to an existing crew with its onboarding feature. Collect signatures electronically and store them within the platform. If they forget to sign something, you can send a reminder and you can keep track of their documents, like I-9s and W-4s, in real-time.

    This feature also lets you invite candidates to a project. There’s also a record of everyone who’s worked on projects, so it’s easier to rehire. 

    Cost Tracking

    This platform allows you to create, manage, and share purchase orders with other stakeholders in your production. You get to see everything in real time, so there are (hopefully) no surprises at the end of the production run.

    The iOS app allows users to log receipts on the go. Then, generate reports at the end of the production to know how much was spent overall. 

    Production Accounting

    Accountants access all the information they need in one location, including the total budget, timecards, cost reports, and the general ledger. Plus, with everything done digitally, there’s no need for manual re-entry if there are changes to job costs. As soon as someone changes job costs, it will show up for all users with access to that information.

    Reporting

    To find specific records, filter your reports by worker type, department, payroll ID, and more. Then, generate reports with the exact information needed. The filters are also useful when you need to create reports without sensitive data that isn’t appropriate for everyone to see.

    Wrapbook logs every change made to the records. So if there are disputes, refer to the logs for a quick resolution. Plus, reports are available in real-time and everyone has access to their records whenever they need them.

    Wrapbook Pros

    Here are some advantages of using the Wrapbook platform: 

    Wrapbook Cons

    While Wrapbook is a strong platform, it does have some limitations: 

    • It can be expensive, especially for smaller productions
    • Crew can get confused by the UI, like not understanding how to add kit fees or rentals
    • Accountants have no control over where payments get sent (for example, it sends checks to talents directly and not their agencies)
    • The app is only available on iOS

    Pricing

    There is no publicly available pricing information. You’d have to send an inquiry or book a demo if you’d like to learn more.

    Wrapbook Reviews

    There are positives and negatives to using Wrapbook. Accountants seem to enjoy its clean and simple interface. However, some claim that it’s not so easy for crew members to understand. They’d often have to explain the system, which takes up valuable time.

    Its users praise the built-in features. However, it is a costly solution. The platform charges a percentage of the salary amount it processes. There are complaints about talent needing to sign off where their checks go. And there’s no way for accountants to override it at this time.

    Some would like Wrapbook to offer different budget levels, especially for smaller production companies just starting.

    Wrapbook Alternatives

    If you’ve used Wrapbook before and aren’t pleased with the product, or are doing your due diligence before committing to a payroll management software, we have you covered!

    Here are some Wrapbok alternatives for your review.

    1. LÜK Network 

    Luk logo

    LÜK provides comprehensive production payroll services, crafted to accommodate the intricate dynamics of the entertainment industry. The services extend to independent contractors on a studio shoot in LA or a full cast and crew on set. They take care of precise freelancer categorization, administer workers’ compensation, and handle payroll taxes with proficiency and simplicity.

    LÜK simplifies all payments into one clean, straightforward invoice, therefore alleviating the need for their clients to manage multiple payment channels and a myriad of invoice emails. Clients can merely approve or contest a single invoice per production, and LÜK manages the rest.

    Of note, with the shifting landscape of freelance work and the implications of laws, LÜK’s services ensure that all talent is compensated as contractors, in compliance with each state’s labor laws, thereby simplifying and taking over these responsibilities for their clients.

    Luk software

    Services

    • Integration with 1099 contract workers comp to ensure all your cast and crew are covered
    • Holds liability for paying talent as contractors, adhering to specific states’ labor laws such as the AB5 law in California
    • Comprehensive tax oversight and handling
    • Compliance with local, state, and federal regulations
    • Acts as an AOR for productions, taking on all liability for financial and legal procedures
    • Accurate worker classification

    LÜK is ready to become your 1099 payroll hero. Welcome to a streamlined payroll at your fingertips.

    Get Started with LÜK today

    2. Cast & Crew

    Cast & Crew is an accounting and financial company serving the entertainment industry. Aside from handling a production outfit’s finances, the tool also assists in processing payrolls and fulfilling certain HR tasks.

    Businesses use it to set up budgets, track day-to-day costs, and pay vendors. Its metrics and insights function allows users to collect, filter, and visualize their company data with custom reports. They also offer digital asset management capabilities to store and access your documents and files in a central location. 

    Services

    • Tools for speeding up payroll operations
    • Custom reports
    • Built-in onboarding tools
    • Customizable interface
    • Digital asset management for production and payroll documents

    3. Entertainment Partners

    entertainment partners

    Entertainment Partners (EP) provides entertainment payroll, workforce management, residuals, tax incentives, finance, and other production management solutions

    Their software offerings include accounting systems along with Movie Magic Budgeting and Scheduling programs, which they tout as industry standards. Additional services, such as casting and payroll for background actors, are facilitated through their Central Casting division.

    The company provides hands-on training for production accounting teams and production workers as part of the onboarding process. For more information, check out our Entertainment Partners Review.

    Services

    • Payroll and residual services 
    • Production management
    • Crew scheduling
    • Digital document management solution
    • Real-time overview of all your ongoing productions
    • Corporate and government compliance requirements documentation

    Is Wrapbook worth it?

    Wrapbook is an established player in the entertainment industry. Their payroll solution aims to keep your business in compliance with industry regulations, and aid with hiring and managing employees, vendors, and contractors. 

    However, when comparing Wrapbook to LÜK, the choice is easy. In addition to the meticulous handling of payroll, worker classification, and seamless tax management, LÜK simplifies the entire process from onboarding to approvals, payments, and reporting. 

    What truly sets LÜK apart from Wrapbook is its all-encompassing nature. It’s not just a payroll wizard, but a comprehensive talent-booking platform–so that every tool a production needs is all in one place. 

    So, is Wrapbook worth it? While Wrapbook qualifies as a credible contender in the entertainment payroll space, LÜK has been shaped by industry expertise to keep producers moving through their workday with confidence and speed–backed by a trusty source at every turn.

    “Knowing that they create a portfolio of available talent for us and then manage the booking and payments from start to finish has been a true LIFESAVER for us.” Tim Abney, Global Director of Education, Cosway Beauty Brands

    Ready for a modern, streamlined, and stress-free payroll?