Managed Payroll · Systems & Software

Payroll System Cost: Buy Software, or Pay Someone to Run It?

DIY payroll platforms, full HCM systems, and HRMS suites all cost money to buy and time to run correctly. BEG operates inside whatever system you already have, or on BEG's isolved HCM platform at $45 PEPM, all-inclusive, no migration required.

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$25 PEPMBEG runs payroll in your existing system
$45 PEPMBEG on isolved HCM, all-inclusive
No migrationRequired to get started either way

TL;DR

A DIY payroll system costs $70-$250 monthly in software fees plus the time your team spends running it. A full HCM system adds implementation and per-module fees on top. BEG skips the buy-a-system decision entirely: we operate inside your current platform for $25 PEPM, or run everything on BEG's isolved HCM platform for $45 PEPM, all-inclusive, with no migration required to start.

The Core Decision

Should you buy a payroll system, or pay someone to run payroll for you?

Buying a payroll system means your team enters data, verifies filings, and troubleshoots errors every cycle, for a lower sticker price. Paying a managed service means someone else does that work, for a higher line-item cost that often ends up cheaper once staff time and error risk are counted.

Most buyers researching "payroll system cost" are really asking one of two different questions: what does the software itself cost, or what does it cost to have payroll handled without buying and learning a new system. Below we cover both, plus where a full HCM/HRMS platform fits against a narrow payroll-only tool.

System Types Compared

Payroll-only software vs. full HCM/HRMS vs. managed service

System typeTypical monthly cost (25 employees)What you getWho operates it
DIY payroll software$150-$300Payroll processing, basic filings, self-service portalYou or your team
Full HCM/HRMS system$300-$700+Payroll plus HR, benefits admin, time tracking, talent modulesYou or your team, after setup
PEO bundled platform$3,125-$5,000Payroll, HR, benefits, co-employmentPEO, with shared employer control
BEG in your existing system$625-$1,125Full managed payroll, no new software to learnBEG, fully managed
BEG on isolved HCM$1,125Full managed payroll plus HCM platform, self-service, benefits adminBEG, fully managed

HCM/HRMS pricing varies widely by module count and vendor; figures reflect commonly published ranges for platforms bundling payroll with HR, benefits, and time tracking at small-to-mid headcounts.

The No-Migration Option

Do you have to switch systems to get managed payroll?

No. BEG operates as your managed payroll team inside your current system, ADP, Gusto, QuickBooks Payroll, Paychex, Rippling, or another platform, at $25 PEPM. Moving to BEG's isolved HCM platform is optional, not required, and costs $45 PEPM all-inclusive.

Stay on your current system, $25 PEPM

BEG logs into your existing platform and runs every cycle, filing, and correction. Your team keeps the interface they already know, minus the workload.

Move to isolved, $45 PEPM

Full HCM platform: employee self-service, automated compliance updates, benefits administration, and time and attendance integration, run fully by BEG.

3-5 business days either way

Whether you stay put or move to isolved, most clients are live on their first BEG-managed payroll within 3-5 business days of signing.

HCM, HRMS, and Integration

What is the difference between a payroll system, an HCM system, and an HRMS?

A payroll system processes pay and tax filings only. An HCM (human capital management) system adds HR, benefits, and talent modules. An HRMS (human resource management system) is largely the same category as HCM, with vendors using the terms interchangeably.

The cost difference comes from module count, not the label. A narrow payroll-and-tax tool is cheapest. A full employee and payroll management system that adds leave management, applicant tracking, and performance tools costs more per employee because you are paying for modules beyond payroll. isolved, BEG's platform for the $45 PEPM tier, is positioned as an HCM: payroll plus self-service, benefits administration tools, and time and attendance, all run by BEG rather than self-managed.

On payroll system integration: if you use separate accounting, time tracking, or benefits platforms, payroll system integration determines whether hours, GL codes, and deductions flow automatically or require manual re-entry each cycle. BEG configures integration with your accounting software (such as QuickBooks or NetSuite) and time tracking tools as part of setup, whether you stay on your current payroll platform or move to isolved, per the SBA's guidance on managing payroll and employee records.

The Real Trade-Off

Buying a system means you still have to run it.

A payroll or HCM system license is only the first cost. Someone still has to configure it, keep it updated for tax law changes, and verify every filing. BEG's $25-$45 PEPM includes the system access and the labor to run it, so the platform question stops being your problem.

Your Exact Number

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FAQ

Common questions about payroll system cost

What does a payroll system cost to set up?

DIY payroll software setup is often free to $250 one-time, while full HCM system implementations can run $1,000-$5,000 or more depending on module count and data migration complexity. BEG's setup is included in the flat PEPM rate with no separate implementation fee.

Is an HCM system worth the extra cost over basic payroll software?

An HCM system is worth it if you need benefits administration, time tracking, and self-service in one platform. If you only need payroll processed correctly, a narrower and cheaper payroll-only tool, or a managed service, may be the better fit.

Can BEG integrate with our existing accounting or time tracking system?

Yes. BEG configures payroll system integration with common accounting platforms and time and attendance tools during setup, whether payroll runs in your current system or on isolved.

Do we have to migrate to isolved to work with BEG?

No. Migration to isolved is optional at $45 PEPM. BEG can manage payroll fully inside your existing system at $25 PEPM with no migration required.

What is the difference between HCM and HRMS?

The terms are largely used interchangeably across vendors. Both describe platforms that combine payroll with HR, benefits, and talent management modules, as opposed to a narrow payroll-only tool.

Want the full monthly cost comparison across methods? See the full payroll cost guide or the per-employee cost breakdown. Or see BEG's full managed payroll services and pricing by tier.

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