Thinking of outsourcing your payroll? Here’s why you should.
Can you do payroll yourself? Of course! But is it the best decision for a business owner to make? Probably not.
pcAmerica recently partnered with Payroll City to announce a new, integrated payroll platform that will be available in Q4 of 2012.
Here are a few reasons why outsourcing your payroll is one of the best decisions a business owner can make.
The time you spend working on payroll is time you could be spending on growing your business.
A business owner or employee can spend hours working on payroll. And as the number of employees at a store or restaurant grows, so does the amount of time processing the payroll. If other tasks are falling by the wayside while the payroll is completed at the end of each pay period, it’s a sign that it is time to outsource. Free up extra hours that could be spent maintaining your store or restaurant, enhancing customers’ experience or creating new marketing and promotional campaigns.
Mistakes are expensive and time consuming to fix.
Payroll reporting is especially susceptible to fines and penalties if done incorrectly. And, let’s face it, with all the different facets that payroll encompasses—paychecks and direct deposits, deductions, garnishments and local, state and federal tax filings—there is a lot of room for error.
Payroll service providers are well-versed in local, state and federal laws that govern payroll processing. They have the time and resources to keep up with changes to payroll laws, which are made often.Payroll laws differ by the state, and some may have more taxes withheld (ie: city, school district or municipal taxes) on top of state and federal withholdings.
The IRS doesn’t play games, so a payroll service will also ensure that all of the taxes are paid on time, filings are completed by the deadline and that a business is in compliance. The fines and penalties related to incorrect payroll can cost a pretty penny, so it pays to leave this job to the experts.
Payroll services are expensive.
Your time is valuable. Every second a business owner or employee spends working on payroll could actually cost you money, because that person is not helping customers, taking orders or closing sales.
In the past, professional payroll services may have been cost prohibitive for small businesses. pcAmerica’s new payroll solution can be tailored to meet the needs of any size business and doesn’t require any pricey upgrades or new equipment.
Contact us to learn more about pcAmerica’s new payroll integration, or call a representative at 1-800-722-6374.
Posted: September 18th, 2012 under News, POS System.
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