4 Ways Outsourcing Payroll Could Help Your Small Business

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4 Ways Outsourcing Payroll Could Help Your Small
Business
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• Its no secret that payroll compliance
  requirements can be complicated, and that
  managing payroll using an in-house team can be
  demanding at the best of times. Even for
  businesses with a smaller workforce, payroll must
  still be accurate, and always processed in a
  timely and efficient manner get it wrong and
  your employees will soon let you know about it!
• Involving a variety of tasks, from account setup
  and payment methods, to withholding relevant
  income and payroll taxes, payroll is the lifeline
  of any business that values its employees, and
  lets face it, few businesses can survive, let
  alone succeed, without them.

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• With this in mind, you might be wondering how you
  can take the stress out of payroll while still
  ensuring that its taken care of efficiently
  every month. One popular and cost-effective
  solution is to outsource outsourcing your
  payroll functions has a number of benefits, but
  below are 4 of the most common
• 1.You can slash payroll costs
• For the majority of small businesses, managing
  payroll in-house is simply not affordable, as
  there are significant costs associated with
  employee training, payroll software, salaries and
  more. Outsourcing payroll, on the other hand, has
  none of those added costs all you have to do as
  the business owner, is pay a fixed, monthly fee
  to your outsourcing partner, enabling you to cut
  costs by as much as 50.

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• 2.Outsourced payroll gives you better
  productivity
• Freeing you from the time consuming and stressful
  tasks associated with in-house payroll,
  outsourced payroll enables you and your employees
  to shift your focus to other areas of the
  business that may require more attention, such as
  marketing or product enhancement.
• 3.There are plenty of flexible, customizable
  plans available
• Provided you work with a reputable payroll
  provider when outsourcing, you should find a
  number of packages and schedules that can be
  matched to your budget, with the option to select
  only those services that you use each month. Such
  flexibility not only enables you to be more
  efficient when it comes to payroll as a whole,
  but helps you to make big savings, too.

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• 4.Outsourcing payroll is a reliable option
• When it comes to individual employees in a small
  in-house team, theres always the chance that
  they may leave either for good, or temporarily
  at short notice leaving you in the lurch, and
  your employees at risk of not getting paid
  properly, and on time. When you outsource your
  payroll requirements, on the other hand, this
  risk is mitigated, since you can be certain that
  their large, experienced team will make
  provisions to ensure that your work always get
  completed on time.

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• Choosing to outsource some, or all of your
  payroll requirements, is a big decision, but
  compare it to the stress and time involved with
  recruiting candidates for an in-house payroll
  team, and the choice pales into insignificance.
  Some payroll providers offer introductory
  packages to enable you to try their services
  before you sign up, and if payroll functions are
  taking up too much of your time, and too many of
  your resources, this could be a viable option.

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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.