Payment Evolution

RATING:

4.2

(42)

About Payment Evolution

Our mission is simple: provide the best payroll tools possible to small Canadian businesses. We deliver simple, fast and affordable payroll to SMEs across Canada because they deserve the best. With us, you can run 100% compliant payroll in under five minutes without busting your budget. Get back to doing what you do best - automate payroll deductions, remittances and taxes. Because you didn't start a business to stress over payroll - but we did.

Awards and Recognition

FrontRunner 2017
Software Advice's FrontRunners report ranks top products based on user reviews, which helps businesses find the right software.

Payment Evolution Pricing

Flexible pricing - we've got the right plan for your business.

Starting price: 

CA$3.50 per month

Free trial: 

Available

Free version: 

Not Available

PayEvo pricing.
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Payment Evolution Reviews

Overall Rating

4.2

Ratings Breakdown

Secondary Ratings

Ease-of-use

4

Customer Support

4.5

Value for money

4

Functionality

4

Most Helpful Reviews for Payment Evolution

1 - 5 of 40 Reviews

Anonymous

Used free trial

Review Source: GetApp

OVERALL RATING:

5

Reviewed April 2015

I am very pleased with this product

After using a PC based software which was difficult to use and didn't report the way we needed, this is a dream! We had an accountant and Point of Sale system and just needed a payroll component. This really fit the bill and so far, is working beautifully. It's so automated and yet, there are many ways to customize it (for example, vacation pay calculations for your province). I haven't found a way that it will calculate stat pay though. Remittances were a breeze with this easy app. Each employee is sent the pay advice into their email or it can be printed for them. As one starts the payroll run, all the information is filled out: the pay period dates, the hours if the employees are paid the same every pay period (so just change it to the hours they actually worked), their pay rate, etc. Since it is cloud based, it can be run from anywhere around the world. I am very pleased with this product. I actually look forward to payroll now.

PROS

Easy to use. Product support was amazing for the couple of questions I have had. Cost effective at $17/month (no hidden add-on fees) Communicates payroll effectively with employee

CONS

I couldn't find a way to export employee information from my software to Payment Evolution, so had to enter it manually. With 10 employees it was fairly simple and just had to enter YTD amounts along with employee information.

Courtney

Religious Institutions, 2-10 employees

Used weekly for less than 6 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed February 2023

Payment Evolution

It's made my life so much simpler, especially since it's my first time doing payroll!

PROS

For someone, who has no formal accounting or bookkeeping education, this software has been pretty intuitive and easy to use.

CONS

I don't like that in order to make changes to an employee's salary or information, I have to go through so many clicks to get there.I also do not like that when you enter in an employee's salary (when less than 40 hours a week), you cannot put the yearly salary that they would receive at 40hrs/week and the software doesn't adjust the number automatically to their salary at their number of hours per week -- which is how we account for salary base in our files.

Reasons for switching to Payment Evolution

Humi was unable to create a new company and transfer all existing employees like we had wanted, with each of the employees already having email addresses set up with Humi.

Francesca

Information Technology and Services, 2-10 employees

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed April 2024

It really Hepled in Employee Payments

It has helped with electronic payments and receipts management after employee payments are done.

PROS

Their customer support is topnotch and the tool is very easy to install and use

CONS

The only issue is that it has a learning curve especially for new users

Cal

Food & Beverages, 11-50 employees

Used weekly for less than 2 years

Review Source
This review was submitted organically. No incentive was offered

OVERALL RATING:

1

EASE OF USE

1

VALUE FOR MONEY

1

CUSTOMER SUPPORT

1

FUNCTIONALITY

2

Reviewed May 2021

Unnecessary fees / Long processing times

Honestly I wish there was another system I could use, but payment evolution will continue to get my money until something else comes along.

PROS

Processes payroll pretty easily and stat holidays are easily inputted. Saves a lot of time on T4's. Employees get their own log in portal so they go there instead of to me directly for pay stubs.

CONS

You only have a 1 day window to process your payroll so it comes out on the day you want. My pay period ends on Saturdays so I only have Sunday to do it for it to be deposited on Friday-Because it's an unnecessary 5 day processing time. This also means if there is a holiday on a Friday, the employees pay ends up being 3 days late. They also charged me $60 because an employees bank account was unknowingly suspended. Paying a pricey yearly fee and with having a large number of employees, this is not something that I should be charged for. I lost all trust in PE after this charge, especially when they only let me know AFTER I had processed another payroll for this employee so I actually got charged the fee TWICE- the employees pay wasn't even this amount before they charged me again. Super disappointed. Reports are a little over complicated as well. I create a custom report for payroll monthly and its usually missing weeks and makes life hard.

Reason for choosing Payment Evolution

It was what my accountant used

John Marc

Religious Institutions, 2-10 employees

Used weekly for less than 12 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed February 2023

Payroll Evolution - a big help!

We have been able to offer Direct Deposit payroll for all of our employees. We have also been able to integrate Payment Evolution with our existing accounting software making keeping track of payroll easy.

PROS

We switched from in house payroll to Payment Evolution. The best parts of the software is the low cost, tax compliance, Quickbooks Online integration, and automatic generation and submission of T4's and T4A's.

CONS

The initial setup took some time but overall it wasn't bad. We had only used Quickbooks payroll for a month before switching to Payment Evolution so there was a learning curve.

Reasons for switching to Payment Evolution

We made the switch because we needed the ability to pay from two different bank accounts but Quickbooks did not allow that.