3 Questions to Ask When Outsourcing Payroll
In today’s increasingly competitive economy, more and more small businesses are choosing to outsource their payroll in order to increase internal efficiency and reduce the risk of hefty IRS payroll fines. Because there are so many potential payroll companies out there to choose from, it is important for small business owners to be discerning and selective when it comes to finding the right company to work with. Here are six important questions you should ask before outsourcing your payroll to anyone.
What services are offered? Not every payroll company offers the exact same services–some do a more comprehensive job than others. Here at Precise Payroll, for example, we go the extra mile by offering custom payments (direct deposit or by checks that we sign, stuff, and send ourselves.)
Do you offer services beyond payroll? Many payroll companies offer the ability to outsource a number of other important human resource functions along with payroll, thus saving you even more time and money. At Precise Payroll, you will have the option to outsource as much or as little of your human resource department as you wish. We handle worker’s compensation, timekeeping, vacation/sick day accruals, tax filing, employee wage detail reports, new hiring reports, background screening, drug testing, vendor checks, accounting reports, and more!
So…what about pricing? Although payroll is relatively inexpensive compared to many other costs of operating, you’ll still want to make sure you’re getting the best deal possible. Be sure to compare the cost and service that each company offers. (We’re confident that anyone who does these calculations will realize Precise Payroll offers the best value around!)
Visit Precise Payroll online to learn more about the many services we offer. Or, if you’d like to speak with our friendly and knowledgeable customer service staff, simply contact us today!