Compliant.
Connected.
Cost-Effective.
Free next-day debits, built-in budgeting, and working capital so your employees get paid on time, all from the Novo account you already know and trust.
Join Novo Payroll
Your payroll needs.
No surprise fees.
Automatic tax filing
Get help with the tedious tasks like filing and calculating taxes.
Multi state coverage
Enjoy peace of mind with 50-state payroll coverage.
Next-day debits
Have cash on have for an extra 48 hours.
Auto payroll
Never worry about missing a pay day for salaried employees.
Unlimited payroll runs
Pay your team as often as needed without limitations.
Banking, budgeting & payroll.
Better together.
Automated budgeting for peace of mind
Experience smart payroll planning by using Novo Reserves to set aside funds for upcoming payroll expenses.
Never miss a payroll deadline
Pay your team on time, every time with free next-day debits and access to same-day capital through Novo Funding.
Save time and money with Novo Payroll
Eliminate the middleman and send payroll directly from your Novo checking account.
Join Novo PayrollMonthly Price
Base price: multi-state payroll
$35
$80
$75
Per employee
$5
$12
$6
Per contractor
$3
$12
$6
Per filing state
Free
Free
$12
Total payroll costs for:
2 employees
1 contractor
2 filing states
$48
per month
$116
per month
$117
per month
Pricing information for customers who are running multi-state payroll based on monthly cost Gusto’s Plus plan and Intuit Quickbooks’ Core plan. Information current as of 01/22/2024.
Payroll built for small businesses
Join Novo PayrollSwitch your payroll providers without lifting a finger
Novo handles migrating your employees, contractors, and tax forms so that you are up and running with Novo Payroll in no time.
Run payroll directly from your Novo checking account
That’s one less account you need to sign into to keep your business running smoothly.
Cancel anytime, no questions asked
Novo handles migrating your employees, contractors, and tax forms so that you are up and running with Novo Payroll in no time.
Frequently Asked Questions
Novo is a full service payroll provider that helps small businesses pay employees and contractors and stay compliant with federal, state, and municipal payroll taxes. With Novo Payroll, you can:
- Pay employees and contractors securely
- Automatically calculate and deduct taxes and other deductions from employee paychecks
- Securely manage employee and contractor information, including tax forms like W-4s and W-9s
- Automatically generate and distribute W-2 and 1099 forms at year-end
Novo Payroll also combines the power of payroll with your Novo checking account and Funding products (for those at qualify). Novo helps you stay ahead of payroll due dates with proactive balance notifications and budgeting with Novo Reserves. For Novo customers that qualify for Novo Funding, you can easily draw against available credit to help cover payroll when needed.
Currently, there is a limit of 40 employees per business on Novo Payroll. If you would like to pay more than 40 employees through Novo Payroll, please contact our team. You can pay an unlimited number of contractors through Novo Payroll.
Novo Payroll is available in all 50 US states and Washington, D.C. Novo Payroll is currently unavailable in Puerto Rico and other US outlying territories.