Payworks vs Wagepoint (2026): which should you pick?

Pick Payworks if

• Fits if you run a Canadian business of 1 to 75 employees
• Works for firms that want a specialist to handle set-up

Look elsewhere if

• Skip it if you pay staff outside Canada, as it serves Canadian employers only
• Watch out: no prices are published, so cost cannot be compared before contact
• Not for you if you want self-serve signup, as onboarding goes through a specialist
• Too light for larger employers, who are pointed to corporate solutions

Pick Wagepoint if

• Fits if you have a small Canadian business and want published prices
• Works for bookkeepers who run payroll for several Canadian clients

Look elsewhere if

• Skip it if you pay anyone outside Canada, as it runs Canadian payroll only
• Tight if you pay more than once a month, because Lite allows one run and one pay group
• Pricey if headcount grows, since every paid employee or contractor adds $4 to $10
• Watch out: next-day deposit is only included in Plus and is an add-on on Lite and Core

Payworks

• No prices are published; the site offers an instant quote form, so cost cannot be compared before contact.
• Serves Canadian employers only.
• The small business offering is aimed at 1 to 75 employees; larger employers are pointed to corporate solutions.
• Onboarding is handled through a five-step implementation with a dedicated specialist rather than self-signup.

Wagepoint

• Runs Canadian payroll only; the pricing page asks for a province.
• Lite is limited to one payroll run per month and one pay group.
• Next-day deposit is included only in Plus and is for eligible businesses; it is an add-on for Lite and Core.
• Pricing is by active employee or contractor, so the monthly cost rises with headcount.

Payworks

Payroll with remittances

Automatic overtime and statutory pay calculations, preset provincial rules, and government remittances submitted for the client at no extra charge, according to the site.

Year-end filing

Tax form information is submitted to the CRA and Revenu Quebec on the client's behalf, with year-end checklists.

Employee and manager self service

Staff and managers can see pay statements and shared calendars and punch in and out from anywhere.

Shared payroll and HR database

Payroll and HR products share one database, so employee data is entered once.

Franchise and accountant offerings

Separate solutions cover franchises with multiple locations and POS data import, and accountants and bookkeepers who manage a book of clients.

Wagepoint

Canadian payroll calculations

Federal and provincial income tax, CPP, EI, statutory holiday pay and workers' compensation, with remittance schedules that vary by province.

Year-end and ROE filing

Prepares T4s and T4As and submits Records of Employment.

Time and absence

Timesheets, clock in/out with geo-fencing and time off management, with hours flowing into payroll through the My Wagepoint app.

Accounting sync

Two-way integration with QuickBooks Online, Xero and FreshBooks that updates the books after each pay run.

Reports

Earnings, deductions, benefits, payroll register, deposit summary and posting journal reports.

Payworks

Pricing could not be confirmed. See payworks.ca.

Wagepoint

• Lite$20

  per month, plus $4 per person paid

  For businesses that run one payroll a month in one pay group. Includes direct deposit, T4s and T4As, ROEs, timesheets, time off, clock in/out and geo-fencing.

• Core$40

  per month, plus $6 per person paid

  Unlimited payroll runs and pay groups, with paid time off management and the same time tools as Lite.

• Plus$80

  per month, plus $10 per person paid

  Everything in Core, with next-day deposit for eligible businesses included.