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About PaymentEvolution
What is PaymentEvolution?
PaymentEvolution is a Canadian payroll platform designed to simplify payroll for small businesses. It handles pay runs, direct deposits, and CRA tax remittances, with automatic provincial tax settings. Trusted by 20,000+ Canadian companies, it’s built for those who want payroll done in minutes—no payroll expertise required.
Who is it for?
It’s ideal for small business owners, HR managers, and accountants who need a compliant, self-serve payroll solution. If you’re a growing team (1–300 employees) and want to avoid payroll errors and save time, this fits. It’s not suited for large enterprises with complex needs—those over 300 employees get custom plans.
Real use cases
Run weekly or monthly payroll for a small team, import employee data via CSV, and let the system apply correct deductions. Employees can access pay stubs and tax forms via self-service. With add-ons like Health Spending Accounts (HSA) and offboarding assistance, it covers more than just paycheques—it’s an operational backbone.
Key features
- Canadian Compliance — Automatically applies provincial tax rules and CRA remittances.
- Employee Self-Service — Employees view pay stubs, tax forms, and history anytime.
- Direct Deposit — Secure, fast payments directly to bank accounts.
- No Payroll Expertise Required — Step-by-step guidance makes it easy for anyone.
- All-in-One Platform — Manage payroll, employee records, and payments in one place.
- Offboarding Assistant — First-of-its-kind tool to streamline employee offboarding.
- Integrations with Accounting Software — Connect with popular tools to sync data.
SaaSpartout Score
7.4
/10
Editorial score from our review methodology — not user ratings.
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PaymentEvolution Pricing
PaymentEvolution pricing: from $7/mo (Growth plan, per employee).
For comparison: the median starting price in HR & Recruiting is $16.29/month, measured across 152 tools we track. See the full SaaS Pricing Index →
Growth (Recommended)
For teams of 1–3 employees, starts at $7.00/mo (estimated, based on 1 employee × $3.50/run × 2 runs/mo). Includes up to 3 employees, $3.50 per employee per pay run, email support, payroll platform, and direct deposit. $55 one-time setup fee.
Business Basic
For growing teams up to 25 employees, $25/mo minimum. $2.50 per employee per pay run, phone & email support, includes payroll platform, business payments, HSA, employee portal, and more. $55 one-time setup fee.
Business Plus
For teams up to 300 employees, $75/mo minimum. $2.00 per employee per pay run, priority support, plus add-ons. Includes all Business Basic features plus additional integrations. $55 one-time setup fee.
Free 15-day trial, no credit card required. Enterprise custom plans for 300+ employees.
Frequently asked questions
Is PaymentEvolution free?
PaymentEvolution offers a free 15-day trial, but it's not free forever. Paid plans start at $7/mo for the Growth plan, with setup fees.
How much does PaymentEvolution cost?
Pricing starts at $7/mo per employee (Growth plan, $3.50 per pay run) with a $55 one-time setup fee. Higher tiers go up to $75/mo minimum.
Who is PaymentEvolution best for?
It's best for Canadian small businesses (1–300 employees) that want simple, compliant payroll without hiring a payroll specialist. It's also great for those who need CRA remittances handled automatically.
What are the top alternatives to PaymentEvolution?
Popular alternatives include Payworks, ADP Canada, QuickBooks Payroll, and Wagepoint. Compare features and pricing to find the best fit for your business size.
What is the main limitation of PaymentEvolution?
It's focused on Canada, so if you have cross-border payroll needs, it may not be suitable. Also, pricing is per employee and per pay run, which could add up for high-frequency payroll.
