The Importance of Payroll Integration

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The Importance of Payroll Integration
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• The world of software is constantly changing for
  business owners, and selecting the right
  combination of payroll integration software to
  suit your needs, is crucial for the smooth
  running of your company.

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• In theory, it would be ideal to find a solution
  that fits every business, but this is often
  easier said than done, and opting for a more
  simplistic approach may mean that some aspects of
  the software dont perform as well as others, and
  you could actually end up making life harder for
  yourself.

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• Why Is Payroll Integration So Important?
• Payroll integration means that any data you have,
  need only be inputted once and stored once,
  making things far easier and quicker when it
  comes to preparing payroll for your employees and
  entering data for tax purposes.

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• Some companies may choose to use a desktop
  product for software and another separate
  software package for accounting that has no
  integration with it. Time must then be spent
  every month, integrating the two packages and at
  tax time. Bigger companies may even have yet
  another software package for their human
  resources, and you can only imagine how
  complicated this would make matters. Not only
  that, but each time data is transferred from one
  software package to another, there is always the
  risk of errors being made. Some software is
  subject to formatting and other such issues that
  could end up costing you and your employees
  valuable time and may decrease productivity.

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• Choosing The Right Payroll Integration Software
• To enable you to select customized payroll
  software that will cater for the unique qualities
  of your particular business, there are a number
  of considerations to be made before you make your
  choice

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• The size of your company
• How much your budget is
• How familiar you are with regulatory and legal
  aspects of payroll
• Tax filing One of the most complicated aspects
  of payroll is correctly recording and managing
  taxes. To avoid costly penalties, you must ensure
  that you comply with federal, state and local tax
  regulations. Some integrated payroll software
  offers tax filing features to help with this.

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• Direct deposit Paper checks are fast becoming
  outdated and unnecessary, and direct deposits are
  proving increasingly popular. Eliminating paper
  checks can only benefit your company, allowing
  you to save time, effort and resources, so make
  sure that you look for payroll software that has
  this feature.

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• Employee self-service portal Personal payroll
  data can be managed by the employees themselves
  with a self-service portal the data keeping
  process becomes streamlined as the managing of
  employees personal information can be managed by
  themselves, without the need for employer
  intervention. Look for payroll software that
  incorporates this.

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• HR integration Your company may benefit from
  software with human resources (HR) integration
  and accounting software, resulting in less
  paperwork and automatic updating ultimately
  saving you time, resources and money.

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• Once youve chosen the right payroll integration
  software for you, your business will quickly
  begin to perform more efficiently, and youll
  soon begin to reap the rewards.

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• Apollo Payroll offers premier small business
  payroll services in Miami and Coral Gables.
  Apollo Payroll is dedicated to delivering expert
  advice, responsive service, and highly accurate
  payroll processing and reporting. Their services
  include comprehensive online payroll services,
  employee background check and employee
  timekeeping services in Miami.