Only you will know what software is best suited for your business, but if you’re looking for a free payroll software, Payroll4Free, ExcelPayroll and eSmart Paycheck are all contenders. Before choosing a software, do your research and figure out which platform has the features you need. Payroll4Free is one of the best overall free softwares on the market, but offers minimal automation, leaving room for error. Furthermore, if you need direct deposit and tax services, these come at an extra fee.