THE BENEFITS OF PAYROLL SERVICES

All, Payroll Services, Payroll Vault

THE BENEFITS OF PAYROLL SERVICES

Let us fulfill your payroll needs so you can get back to what you do best, running your business. In today’s hectic environment, it is a challenge to juggle all of the daily tasks that keep your business running efficiently. There are many benefits of hiring payroll services in your area, here are a few:

  • Free Up Your Time
    • Payroll processing by hand is a time-consuming process. Outsourcing payroll can free up staff time to pursue more important value-added and revenue-generating tasks.
  • Reduce Costs
    • The direct costs of processing payroll can be greatly reduced by working with a payroll provider. Research indicates that a small business with ten employees will typically spend $2,600 per year in direct labor costs associated with payroll.
  • Avoid IRS Penalties
    • According to the IRS, forty percent of small businesses pay an average penalty of $845 per year for late or incorrect filings and payments. Most national payroll services provide a tax guarantee, ensuring that customers will incur no penalties because they take responsibility for penalties when they do occur.
  • Alleviate Headaches
    • Manual payroll is a headache in the best case scenario and nightmare in the worst case scenario. Business owners who outsource payroll eliminate a tiresome source of personal pain.
  • Leverage Outside Payroll Expertise
    • Most business owners and controllers don’t have time to keep up with constantly changing regulations, withholding rates, and government forms. By outsourcing payroll, a small business can take advantage of expertise that was previously available only to big companies.

All payroll vault clients work with directly with a dedicated payroll specialist, so you can rest assured that you will also receive personalized, expert customer service and support. Call us today for information.