Wagepoint Review, Pricing & Features

Wagepoint is Canadian payroll software for small businesses. Plans start at $20/month plus $4 per employee. Read features, pricing and FAQs.

Researched and fact-checked by Bartu Cavusoglu · Updated October 26, 2026

Visit Wagepoint Website →

Category
HR
Pricing
Subscription, from $20/month plus $4 per employee/contractor
Verified
Not yet
Last updated
October 26, 2026
Founded
2012
IntegrationsSaaSBookkeepingSMBSOC 2 CompliantFree TrialSubscriptionMobile App

What is Wagepoint?

Wagepoint is payroll software built for Canadian small businesses and the accountants and bookkeepers who support them. The company says it has served Canadian businesses since 2012 and reports more than 30,000 customers. It handles calculations, remittances and compliance, and adds tools for time tracking and time off.

The product is Canada-only. It covers every province and territory and deals with items such as statutory holiday pay, Records of Employment, CPP and EI. Wagepoint reports an average of about 15 minutes to run payroll.

How does Wagepoint work?

An employer sets up employees and contractors, then runs auto-calculated pay runs that cover regular pay, bonuses, benefits and vacation accruals. Payment goes out by direct deposit. Wagepoint calculates and remits federal, provincial and territorial taxes along with CPP and EI, so the employer does not file these by hand.

Employees use a secure online portal or the My Wagepoint app to view paystubs, check pay dates, update personal details and submit time entries. At year-end the platform prepares T4/T4As and ROEs, and reports stay organized for the accountant.

Key features of Wagepoint

The core of the product is the pay run: automatic calculations, direct deposit, deductions, effective dating for mid-cycle changes, and preset or custom income, deduction and benefit codes. Compliance features include tax remittance, ROE submissions, Workers' Compensation (WCB/WSIB) and, depending on province, Employer Health Tax in Ontario and British Columbia.

Reporting covers payroll registers, tax summaries, deposit summaries, posting journals and year-end forms. Security features listed include single sign-on, two-factor authentication, role-based permissions, FINTRAC compliance and SOC 2 certification. Timesheets, clock in/out and time-off management sit alongside payroll.

Key Features

Pros & Cons

Pros

  • Built specifically for Canadian payroll, including CPP, EI, T4/T4As, ROEs and statutory holiday pay
  • Public pricing with a monthly base fee plus a clear per-person fee, and no contracts
  • Year-end tax forms and support from payroll specialists are included at no extra cost
  • 14-day free trial with all features available, including running payroll if the company is verified
  • Employee portal and mobile app let staff view paystubs and submit time entries
  • Integrates with Xero, QuickBooks Online, FreshBooks, Karbon, 7shifts and Deputy

Cons

  • Only available to businesses in Canada
  • No free plan; evaluation is limited to a 14-day free trial
  • Lite allows only one payroll run per month, which rules out weekly or bi-weekly pay
  • Per-employee fees rise with headcount, and the Plus tier costs notably more than Core

Pricing

Frequently Asked Questions

What is Wagepoint?

Wagepoint is cloud payroll software for Canadian small businesses and the accountants and bookkeepers who support them. It calculates pay, remits taxes, pays staff by direct deposit and prepares T4/T4As and Records of Employment.

How much does Wagepoint cost?

Lite is $20 per month plus $4 per employee or contractor. Core is $40 per month plus $6, and Plus is $80 per month plus $10. Year-end tax forms and support are included, and a pricing calculator gives an estimate.

Does Wagepoint have a free trial?

Yes. Wagepoint offers a 14-day free trial with all features available, including running payroll if your company is verified. There is no free plan listed.

What does Wagepoint integrate with?

The site names Xero, QuickBooks Online, FreshBooks, Karbon, 7shifts and Deputy. These connect payroll with accounting, practice management and scheduling tools.

Is Wagepoint available outside Canada?

No. Wagepoint states that it currently serves only small businesses in Canada. It supports all provinces and territories.

Can Wagepoint pay contractors as well as employees?

Yes. Pay runs cover both employees and independent contractors, and the plan pricing includes a per-employee/contractor fee. T4A slips are included for year-end.

Is Wagepoint good for small businesses?

It is designed for them. The product targets Canadian small businesses, with transparent pricing, self-serve onboarding and included support. Customers on the site include trades, architecture and consulting firms.

Is Wagepoint secure?

The site lists single sign-on, two-factor authentication, FINTRAC compliance and SOC 2 certification. It also lists TLS encryption and role-based permissions.

Related Tools