5 Common Payroll Problems and How to Solve Them

1
5 Common Payroll Problems and How to Solve Them
2

• Payroll can be incredibly complex, even if you
  only employ a small number of people, and without
  professional intervention and assistance,
  mistakes can easily occur, and problems can
  quickly build up.
• Listed below are 5 very common problems that most
  small business owners will have faced when
  attempting to manage payroll without professional
  help, along with some solutions

3

• 1. Being overwhelmed with paperwork
• With a lot of small businesses still processing
  payroll manually and in-house, paperwork can
  quickly become an overwhelming burden. Without
  integrated payroll software and/or help from a
  third party payroll provider, manual processes
  can become a real headache, and costly mistakes
  may occur more frequently.
• Try outsourcing your payroll management, and
  avoid being overwhelmed with paperwork.

4

• 2. Suffering organizational issues
• While it is possible to have an in-house payroll
  team keep important payroll and employee records
  organized in an effective and accurate manner,
  payroll software and/or outsourcing can help
  eliminate all filing and organizational issues,
  and make it less of a worry for everyone
  involved.
• 3. Software that isnt compatible
• Not all payroll programs are compatible with one
  another, and you may find that a program you use
  for employee records, is different from the
  system you use for pay and benefits, for example,
  leaving processes feeling fragmented and hard to
  track.

5

• Software that integrates all these functions (or
  working with an outsourced payroll provider who
  automatically use such software), can streamline
  all of your processes and minimize the amount of
  time spent tracking and inputting data. In fact,
  it may even make your entire department and
  company, more efficient and cost-effective.

6

• 4. Not being able to track employee absence
  effectively
• There is the potential to make a lot of mistakes
  when small businesses choose to manually track
  their employees vacation and sick days, and
  paper time cards (and even some digital time
  sheets) are renowned for being misused or for
  causing unintentional errors. Not only that, but
  its hard to plan properly without knowing what
  employees are available at any given time or day,
  and which are not.
• Time keeping that is systematically recorded with
  the help of an outsourced payroll provider, can
  eliminate all potential problems with employee
  tracking.

7

• 5. Issues with compliance
• New laws are often being introduced that affect
  small businesses and the way in which they employ
  and pay workers, and if youre not in compliance
  with them at all times, it can result in
  government investigations and some pretty stiff
  penalties.
• With the help of an outsourced payroll provider,
  however, you can be relieved of the burden of
  ongoing and changing compliance demands, and
  mitigate the risk of investigations and costly
  penalties.

8

• Many small business owners are reluctant to spend
  money on something like outsourcing, seeing it as
  an expense instead of the investment that it
  really is. Outsourcing such an important function
  as payroll often frees up valuable time and
  resources within a business that could be put to
  better, more profitable use, and few business
  owners who choose to take advantage of
  outsourcing, regret their investment.
• Are you ready to invest in your companys future?

9

• 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
  services in Homestead and other cities in
  Miami-Dade County, employee background check and
  group health insurance in Miami Coral Gables