Payroll is a laborious, time-consuming activity that’s absolutely necessary. You can neglect your marketing strategy for a few weeks, and though your business won’t grow during that time, it can go on. But you can’t neglect payroll!
A payroll company in Utah and Idaho can handle the headaches of processing your company’s payroll, saving you time, money and hassle. Here are five reasons outsourcing payroll will benefit your business.
They Can Ensure Accuracy
There’s a lot that goes into maintaining accurate payroll calculations. It’s more than making sure everyone gets a paycheck – you also have to manage reports, deductions, withholdings and local, state and federal tax regulations.
Professional payroll processors have the right tools, technology and expertise to make sure it all gets done accurately, and chances are they’re more efficient than you are simply because it’s all they do.
They’ll Save You Time
Payroll, although necessary, doesn’t directly increase sales. In fact, it can take you away from those activities and tasks that do boost sales. Instead of figuring out how to reach more customers or improve your customer service, you’re trying to comply with federal, state and local tax and employment laws, which requires considerable attention to detail. Even if you budget a certain amount of time each week to dedicate to payroll, the laws are always changing, and chances are you’ll have to carve out even more time just to keep it all straight.
They Understand Compliance
Professional payroll providers are experts when it comes to the latest information, technology and regulations. Since a lot of those rules change based on state and federal legislation, it’s tough to stay on top of all of them. But payroll providers are up to date on all changes and know how they’ll affect your business, handling them with ease. You’re spared the headache and the liability that comes with non-compliance.
They Save You Money
When you outsource your payroll, you don’t have to spend money on an extra employee to manage it all, plus all the workspace, software and technology that it would require. In fact, relying on one or two employees to shoulder the payroll burden is risky! What if they get sick or overwhelmed?
A professional payroll processor can keep those costs in check and guarantee accuracy and completion. Late or erroneous filings are usually met with fines, which the processors incur if by chance they make a mistake, freeing you from the worry of making your own mistake.
Work With a Payroll Expert in Idaho and Utah Today
The rules and regulations of payroll are tricky, and they’re just waiting to trip you up! Find your company a payroll provider that is trained to handle the process with ease. Their knowledge and experience reduces your level of risk, preventing the stress and anxiety of handling all that responsibility yourself. Contact Extreme Staffing and Payroll today to learn more about the benefits of outsourcing payroll.