Top 6 Reason to Outsource Payroll services for small business
Outsource Payroll Services for small business
is the least strategic and most time consuming aspects of our
organization. It isn’t a question of why but rather why wouldn’t we
outsource it to Account-Consultant.
Top 6 Reason to Outsource Payroll services for small business
- Save Money. Their in-house payroll service
did not generate revenue. Having dedicated staff to print and
distribute checks and create tax documents just didn’t make sense
because we had less than 2,500 employees. Outsourcing the non-strategic,
non-revenue generating aspects of their business to a trusted firm who
can do it better and more cost effectively made their company more
profitable. A recent study by Price Water-house Coopers found that “85% of all companies that outsource are more profitable.”
- Focus on Their Core. Our clients really didn’t “want their employees (and management) consuming their time on payroll related activities.”
Outsourcing these time consuming activities put them to work on more
productive assignments. While we were focusing on their payroll, they
were be able to focus more closely on their core business activities. In
today’s economy, razor sharp focus is critical to operational
excellence which is the real driver to giving them a competitive
advantage.
- Accuracy and Accountability. Our staff are payroll experts. Our Payroll Administrators have an average of 13 years experience in running complex payrolls.
- Reliability. Vacations. Illness. Turnover. New
hires/Training to Get Up To Speed Quickly. These payroll processing
problems are a thing of the past when you use the outsourcing payroll services for small business of Account-consultant.
- Regulations. They wanted to be “up to date on all payroll-related tax laws and regulatory mandates for federal, state and local authorities.”
Currently, the 2nd most common lawsuit in the US is Wage and Hour which
falls directly into the category of payroll expertise or lack there of.
- Hassle free. Our People-Process-Technology model for best practices eliminates all the payroll hassles.
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