Any of the approximately 30 million small businesses in the United States today that deal with the payroll process in house undoubtedly know just how much of a pain it can be. By outsourcing payroll processing to a dedicated company of experts, a business owner can be taking advantage of the single best way to prevent in house payroll fraud. At the same time, outsourcing to a company of comprehensive payroll processing experts, a company could find themselves on the fast track to saving both time and money.
Doing ones own payroll tax preparation can be tricky. One of the biggest reasons to outsource to a group of payroll accounting experts is to make sure that errors that could bring about costly penalties do not happen in the first place. Over 85 percent of CPAs (certified public accountants) strongly recommend that small businesses take advantage of the expertise of professional payroll processing experts.
One of the best things that could help small businesses are automated payroll services. A payroll processing company that can provide an automated time and attendance system could help their clients to recover lost time by accurately tracking the actual time that their employees spend on the job. Small and medium sized business owners could also benefit exponentially from employee access tools that a payroll processing can provide, including an automated telephone system and a comprehensive web portal.
At the end of the day, outsourcing to a payroll processing company could make it possible for employers to spend less time steeped in paperwork and more time with their employees. The more that a business owner can actually focus on the core of the business, the better it will be for everyone. Outsourcing to a payroll processing company could make it easier for both the employer, and those under them, to provide better service and a better product to their customers, which is what running a small business is all about. See this link for more references: www.paychex.com