There are many advantages of using an independent payroll service.
Employers can better focus on what they do best – running their core business.
A top priority of any payroll service is ensuring the accuracy of the payrolls. Staying current with tax laws and tax computations is a vital part of ensuring accuracy.
Payroll outsourcing reduces the risk of exposing confidential payroll information to unauthorised personnel.
Outsourcing makes payroll fast and easy. In general, all an employer has to do is gather and communicate payroll information to the payroll service.
An employer has access to a greater number of ancillary services. This has become increasingly important, as administration of other functions (for example, insurance, retirement plans, direct deposit) has become part of the payroll process.
The payroll service involves the preparation and processing of payrolls of all sizes and may include all, or parts only, of the following services, depending on the employer's needs:
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