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Four reasons to outsource your payroll needs to a professional provider in Rancho Cucamonga, CAPosted By Whyte & Associates
Common reasons that companies use a professional for payroll services
- Cost – In most cases, business can save money by outsourcing payroll administration. In addition to salary and health benefits for an additional staff member, costs for payroll include printing and distributing checks, creating tax documents, and bookkeeping. Payroll providers offer these services for less investment, because they rely on volume and use advanced software and best practices.
- Productivity – Moving payroll to a professional team frees up your own staff to focus on higher-value tasks. Especially in the case of small businesses, where accounting functions are usually the responsibility of the business owner, this benefit of time is critical.
- Accountability and compliance – Administering payroll properly requires understanding of many IRS rules and regulations. By shifting the function to an outside company who specializes in payroll and tax, and stays current with changing rules and regulations, organizations are less likely to incur penalties for late or inaccurate paperwork.
- Better service – Payroll service organizations have a significant advantage over an internal team in providing quality service. Because of their access to technology, expertise from years of service, and volume of work, they provide clients with improved accuracy, timing, and premium services.
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- Payroll services customized to your business needs
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