The benefits of outsourcing employee payroll

Written by Small Business Magazine on February 22nd, 2013. Posted in Employee payroll, Employee payroll services, Payroll software

Employee payroll

Small businesses with fewer than 50 employees could find a number of benefits by choosing to outsource employee payroll services and human resources to a dedicated group of experts. Companies that decide to outsource to a group of dedicated employee payroll services experts may find themselves in a perfect position to save both time and money, especially during tax season. There are several employee payroll benefits that every kind of small business could take advantage of.

By utilizing state of the art payroll software such as Intacct® and Quickbooks®, employee payroll outsourcing experts can make sure that a number of back office processes are taken care of simply. They can also help to remove the chance for even simple errors that can wind up being very costly.

Those that choose to outsourcing employee payroll to a company the most capable company around will be able to ensure compliance, cost control, efficiency and accuracy with automated time and labor management systems. These payroll experts can also help their clients with such day to day tasks as third party sick pay, social security, garnishments, child support, tax agency requirements and fringe benefits.

Those that offload these tasks to someone else, will be able to focus more of their time and energy on the core concerns of their business, which is something that every company owner would like to be able to do.

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Payroll programs for every small business

Written by Small Business Magazine on January 28th, 2013. Posted in Employee payroll, Payroll solutions, Small business payroll

Payroll tax

A lot of small business owners may not know how to do payroll and taxes properly. By outsourcing the everyday work to a company that specialized in payroll programs, anyone that is looking to streamline their business can get the results they need. True experts in small business payroll services can provide their clients with the opportunity to relieve themselves of all of the busywork, and focus on the essentials. Over 85 percent of certified public accountants have recommended that small business owners employ the expertise of experts in payroll programs.

Experts in payroll programs can help reduce the number of errors. Each year, over eight million penalties are assessed by the IRS due to delinquent or incorrect remittance of federal payroll taxes. By integrating payroll systems that are managed through a vendor will allow the business owner to spend almost no time each pay period on related tasks. Those same integrated payroll programs and retirement play systems can also help save time, money and ensure greater accuracy with one IT platform.

With a payroll programs company that is light years ahead of the competition, small business employers can implement a time and labor management system that will result in greater accuracy, regulatory compliance, higher efficiency levels and cost control improvement. By outsourcing to a company like this, employers will be able to get the assistance they need to take their business to new heights.