How Outsourcing Payroll Can Help Your Company - PowerPoint PPT Presentation

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How Outsourcing Payroll Can Help Your Company

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There are millions of companies throughout the U.S. outsourcing their payroll, but why do so many businesses choose to do this, and how does it benefit them? Read on to know more about the benefits of outsourcing payroll and learn how it could help your company: – PowerPoint PPT presentation

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Title: How Outsourcing Payroll Can Help Your Company


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How Outsourcing Payroll Can Help Your Company
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  • There are millions of companies throughout the
    U.S. outsourcing their payroll, but why do so
    many businesses choose to do this, and how does
    it benefit them? Read on to know more about the
    benefits of outsourcing payroll and learn how it
    could help your company
  • Outsourcing payroll can save time
  • Payroll can be a big demand on any business,
    large or small, and getting it right is essential
    for a satisfied workforce. Large amounts of data
    are required every pay period, and if you
    continually have employees, the demand is
    constant.

3
  • Double checking for errors can be time-consuming
    and can detract from time spent on other
    important tasks within a company and can even
    detract from serving valued customers.
  • Outsourcing payroll gives business owners more
    time to focus on the things that matter the most
    to them, and in most instances, they need only
    contact their payroll provider once each pay
    period.

4
  • Outsourcing payroll can save money
  • Many business owners think of time saved as money
    saved, and when you consider the amount of time
    required to calculate payroll each pay period,
    print, sign and distribute pay checks, generate
    reports for in-house and accountant use and
    prepare and remit payroll taxes, you can see how
    much money might be saved by outsourcing such
    tasks.
  • If you wanted to go into further detail as to how
    cost-effective outsourcing payroll might be for
    your company, you could always conduct a
    per-payroll-period time/cost analysis.

5
  • Want to enhance your security?
  • No matter how much you trust those within your
    company who conduct payroll for you, its a
    complex and potentially risky side to business
    operations, and identity theft and embezzlement
    are a very real threat. There are also concerns
    about the safety and security of payroll data
    when added to the server or network of a small or
    cheap payroll provider, giving you more reason to
    use a trusted and well recommended firm with
    plenty of experience. Redundant backup and
    multiple server locations are just two of the
    reasons why you should choose a quality payroll
    provider to help you keep your important employee
    and company data private and secure.

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  • Outsourcing payroll is a guaranteed way of
    complying with government regulations
  • Most small businesses are not well versed in the
    complex world of government tax regulations, yet
    they legally responsible for any cases of
    misrepresentation or a failure to accurately
    report employment taxes to federal and state
    government agencies. Any mistakes that are made
    can quickly lead to audits and costly penalties,
    and with the rate at which government rules and
    regulations change, theres little hope of the
    average small business owner being able to stay
    on top of them.

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  • Outsource payroll, however, and youre virtually
    guaranteed to comply with state and federal
    rules, giving you peace of mind every payroll
    period.
  • You gain expertise
  • Payroll professionals deal with pay processing
    day in day out and specialize in its
    complexities, meaning that there is little they
    dont know, and therefore little for them to get
    wrong. In other words, with their expertise,
    youre in safe hands.
  • With the potential for huge savings in time and
    money, greater data security and the knowledge
    that your payroll is in experienced hands,
    outsourcing seems like something of a no brainer.

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  • Apollo Payroll is one of the premier small
    business payroll companies in Miami Beach and
    Coral Gables. Apollo Payroll is dedicated to
    delivering expert advice, responsive service, and
    highly accurate payroll processing and reporting
    to ensure the success and growth of the business
    that we serve. Our services include comprehensive
    payroll service in Miami and other cities in
    Miami-Dade County, employee background check and
    group health insurance in Coral Gables Miami.
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