Benefits of Outsourcing Your Payroll with Business Payroll Services
- By business payroll
- 23rd November, 2016
Top 10 Reasons to Outsource Payroll
The last thing you need to worry about is liability. If you incur penalties due to Business Payroll Services paying your payroll taxes late, we will pay the penalties.
The IRS has reported that one out of every three employers has been charged for a tax-related payroll error. This equates to billions of dollars in penalties. We will ensure you are not a statistic.
Have you ever thought about how much your time is worth? Consider how much time you spend managing payroll, which takes time away from revenue-producing activities. At the very least, consider the cost of computer equipment and software as well as the extensive training that is needed to run payroll internally. Outsourcing with Business Payroll Services not only saves time, it saves you money.
You have better things to do with your time than calculating payroll. Getting paychecks out on time is not only expected, but it’s also a positive reflection of your company.
Even with the simplest of payrolls, it’s easy to make mistakes. Without current and on-going training in payroll compliance, your company could face stiff penalties and unhappy employees.
It can be embarrassing and detrimental to morale if the wrong eyes fall on the wrong paycheck. Confidentiality is much easier to maintain when payroll is outsourced, particularly when employees use direct deposit.
Business Payroll Services offers a wide array of standard and custom reports that are informative and easy to read. Keep your records neat and concise with these invaluable reports.
As your business changes, so do your payroll needs. Don’t get bogged down with the nuts and bolts of personnel changes. Leave the details to an expert while you focus on your business.
What better way to show your employees that your company is professional and secure? Outsourcing your payroll will enhance your successful image.
10. Peace of Mind
By moving forward with Business Payroll Services, you not only get peace of mind knowing that payroll will be done right and on time; you can get back to doing what you do best…running your business.