Nowadays, an automated payroll system is a necessity in order to save time, money, and resources. Payroll is a much easier process when you don’t have to use any paper and can pull data instantaneously.
If you don’t work in the finance department, it’d be easy to assume that payroll is pretty easy, but that’s far from the case. Accounting professionals must gather all necessary tax information, determine a payroll schedule, calculate gross pay, and other time-consuming tasks. Sounds yucky, right?
At Payroll Office of America, we provide all of these services and more. Here are 5 reasons to outsource your payroll needs to our team:
1. Data, data, data
Your business runs on data. The more data you have and the easier it is to collect, the better. When you count on Payroll Office of America to handle your business’s finances, we implement an automated process. That allows managers to pull crucial data, whenever and wherever, equating to a huge win.
2. Accurate timekeeping
Instead of relying on the honor system (which doesn’t always work), accurately track employee hours with our time tracking software. With the right timekeeping system in place, no employees will come to you at the end of the month saying they need to resubmit their invoice.
3. Accurate tax, insurance, and 401k deductions
It’s time to put away your desktop calculator for good. Say goodbye to manual deductions and hello to more free time and relaxation. When your accounting team doesn’t have to worry about every little deduction, they have more time to focus on other aspects of the business. It’s time to give your team the freedom they need!
4. Unite all departments
With accurate payroll, you avoid friction with other departments in your business. When you have a centralized system where employees can log in to view information, you’ll get fewer questions passed on from other departments. When all departments are united, employees feel empowered and have a higher level of job satisfaction.
5. Increased quality of financial planning
Accurate financial planning is a big deal to ensure employees are on track for retirement. On payday, the money goes straight into their bank account and they receive a mobile payroll statement. Employees trust their work more when all of the financial information is transparent and there are resources to help them along the way.
For more information about the benefits of automating your payroll system, please visit our website. We look forward to collaborating with you!