Even the most organized and experienced professionals can find payroll to be a massive headache. The Internal Revenue Service has reported that one out of every three employers have been charged for a payroll mistake, with total penalties reaching into the billions of dollars. And given the ever-changing nature of tax regulations, it’s easy to make an error that can grossly affect your bottom line.
Not only can inaccurate and inefficient payroll processes hurt your organization, it can also harm your employees. An employee’s motivation is largely associated with their salaries. When a payroll error occurs, the employee’s beliefs and confidence in the company will diminish. This could lead to inefficient and unmotivated workers, which will bring negative long-term effects onto your organization.
This is why organizations are beginning to embrace the idea of payroll outsourcing to a third-party company. Why not have experienced professionals working around the clock to ensure your employees get paid correctly, and on time? There are many good reasons to consider outsourcing your Payroll. Read below to learn more about why you should consider trusting Payroll professionals to help with your Payroll needs!
Why Outsource Payroll?
It’s hard to be an expert on everything! Many times, professionals in your organization are not experts in the complex world of government tax regulations. Any mistakes that are made when reporting employment taxes to federal and state government agencies can lead to audits and penalties. Government rules and regulations are always changing and it’s hard for businesses to stay on top of these changes. That’s why more and more business owners are outsourcing their Payroll needs to professional Payroll providers. At ACG, we are the experts and it is our duty to stay apprised of all the changes, so you don’t need to worry about it! Click here to learn more about how ACG can help you with all your Payroll needs.
Why spend hours upon hours researching and learning all the ever-changing tax rules and regulations? Businesses today need to compete in a growing and quickly moving landscape. That’s why all your focus should be spent on running and growing your business! Simply said, Payroll can be unnecessary added stress for your organization. It is far too easy to fall behind on the latest IRS updates, forget to update your software, and even not staying 100% up to date on the latest rules and regulations. Outsourcing your Payroll needs to a group of experts can save you tons of time and stress! If you value your time, it might be a good idea to outsource your Payroll!
Time saved is money saved. It takes a significant amount of time to complete any of the following tasks:
• Calculating payroll each time period• Printing, signing, and distributing paychecks or pay stubs
• Generating reports for in-house and accountant use
• Preparing and remitting payroll taxes and returns to government agencies
When evaluated on a per-payroll-period or a monthly basis, a time/cost analysis may well indicate the benefits of an affordable software and full-service provider. At ACG, we are just the full-service provider you have been looking for. Not only do we provide Kronos Workforce Ready, an industry leading Payroll software, we provide a lengthy list of Payroll services. We are the experts, you are the priority!
Payroll Processing is a very complicated and potentially risky process. Even with trained employees, there’s always a risk of embezzlement, identity theft, lost data, or tampering with company records. You also run a risk of working with Software providers that are not experts in the industry and can’t act as your contingency plan when an emergency occurs. By working with a trusted Software vendor that offers an extensive list of Payroll services, you can almost guarantee a higher level of security and you have a back up plan! At ACG, we can act as your contingency plan because we understand Payroll and we work diligently to understand your business’s needs.
Expertise of Professionals
A professional Payroll company employs individuals who understand the ins and outs of Payroll processing. At ACG, our group of experts work diligently to understand payroll taxes and compliance with government regulations. We also act as a contingency plan to any crisis that may come up in your organization. More and more companies today are realizing the benefits of working with a payroll service provider. ACG offers custom tailored payroll service programs that will fit your organization’s needs. From full to partial service, we can meet the needs of clients of any size, in any State. Our team of trained professionals are standing by to assist in a smooth transition and empower your employees with training for success.
We utilize ACG WorkForce for our payroll platform which uses cloud-based technology to deliver a single application with Time, Payroll, and HR. This powerful software simplifies processing and provides our clients with powerful reporting; information on the go, using our mobile app, and backed the industry leader, Kronos Workforce Ready. Click here to learn more about Kronos Workforce Ready and how ACG can be the solution to any of your Payroll questions.