Gusto and SurePayroll by Paychex are popular payroll processing programs with a lot to offer. However, a closer look reveals significant differences. Gusto is a general-purpose payroll software with greater HR and integration functionality, making it a good choice for nearly all small businesses, although it’s more expensive. SurePayroll by Paychex, on the other hand,…
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Notes Payable vs Accounts Payable: What’s the Difference?
Two common but distinct liabilities that businesses encounter are notes payable and accounts payable. Both involve amounts owed, and the main differences between notes payable vs accounts payable lie in the circumstances they arise from and their implications for a company’s financial health. Notes payable usually involves borrowing money for specific purposes and includes terms…
Alibaba vs AliExpress: Importing & Dropshipping
Alibaba and AliExpress are both online marketplaces based in China that host third-party sellers. The main difference between Alibaba vs AliExpress is that Alibaba is exclusively intended for business-to-business (B2B) transactions, while AliExpress is open to consumers. AliExpress vs Alibaba Quick Comparison Alibaba vs AliExpress: Video Comparison For new ecommerce businesses, using an all-in-one platform…
Authorize.net vs PayPal: Price, Features & What’s Best
PayPal and Authorize.net make great choices for payment processing for small businesses. Both are popular and easy to integrate with other applications. However, PayPal offers more in-person and international sales capabilities, while Authorize.net provides more stability and Level 2 and 3 processing for business-to-business (B2B) transactions. In our evaluation of online payment processors, we found…
Statement vs Invoice: Accounting Purpose, Timing, Usage & Content
A statement summarizes a customer’s activity for a given period, whereas an invoice is sent to a customer requesting payment shortly after a product or service has been delivered. Statements are usually sent monthly and list invoices issued and payments received during the month. Meanwhile, invoices are issued before payment is made and generally contain…
Oyster vs Papaya Global: Which is Best?
Oyster and Papaya Global offer human resources (HR) for businesses with a global workforce. These two companies primarily assist in international payroll and offer employer of record (EOR) services, which allow them to handle your global employment needs. Both may have similar features, but Oyster’s international contractor payroll coverage is more extensive (180-plus vs 160-plus…
Pro Forma Invoice vs Commercial Invoice: A Quick Comparison
A pro forma invoice and a commercial invoice look almost identical, but a pro forma invoice is only informational while a commercial invoice is a legally enforceable request for payment. The most clear difference between a commercial invoice vs pro forma invoice is the title printed on the document—pro forma invoice titles must state “Pro…
ADP vs Paychex vs Gusto: Pricing, Features & What’s Best
ADP, Paychex, and Gusto are all popular payroll software, but for different reasons. ADP and Paychex are established providers that offer comprehensive HR and payroll services for businesses of all sizes, while Gusto is a newer provider (established just over 10 years ago) that gives small businesses an affordable full-service payroll option with features that…