Preparing to Outsource Your Small Business Payroll

Busy Business Owner - - ShutterstockSmall business owners have enough on their plate – too much to be concerned about every new tax code and regulation. However, there are several new IRS mandates that will affect your small business in 2016. If your managerial schedule is keeping you from mingling with your customers, you might want to consider outsourcing your employee payroll processing. Padgett Payroll Services® wants to help keep you compliant and on the path towards profitability.

If you are looking to have a payroll service company handle your employee payroll, direct deposits and optional deductions, you have some homework to do. Before any experienced payroll manager can take over the reins for you, there are some tasks you will need to complete and continue to maintain.

Does Your Small Business Have (or Need) an EIN? Continue reading

What You Need to Know Before Outsourcing Your Payroll

shutterstock_281932805Signing up with new outsourced payroll processors can be a scary prospect for many businesses. Chances are you’ve been using the same payroll services for years, whether you rely on an internal H.R. team to complete the work alone or on a third party to prepare all documents accurately. But what happens when the “same old” just isn’t enough? Continue reading

Improve Your Business with 6 Financial Tips

COME OUT ON TOP!There are a surprising number of ways established businesses can save money – and not a single one of them directly involves giving up resources or cutting back on your company’s existing bottom line. Boost your business’ financial capabilities with these easy tips for business owners and CFOs: Continue reading

5 Business Tips for Chief Financial Officers

shutterstock_215289142The CFO plays a crucial role in the success of a business. This job is more than projecting numbers and generating P&L reports; it’s about planning for the security of the company and ensuring risks are taken in a calculated, researched way. There is no “right” or “wrong” way to practice the duties of a CFO, but there are certainly some tips that can help improve success in the field. Continue reading

5 Steps to Improve Customer Service in Your Business

CustomerServiceAt times, large corporations get lost in the shuffle of day-to-day activities and overlook warning signs that could point to distress for the business. By the time businesses realize a problem exists, it might be too late. The damage done to the company’s reputation is already too catastrophic to fix. This is an extreme, yet all too real scenario that no business owner wants to encounter. Recognize the warning signs before it is too late and streamline your business processes so employees can focus on customer service and quality work. Continue reading

The Personalized Padgett Payroll Services® Difference

Selecting the most knowledgeable professionals is key when it comes to selecting payroll processing specialists and tax code experts. Many companies claim to provide outsourced payroll services, but do little to follow through with this promise. Padgett Payroll Services® recognizes our clients have different needs and accommodates each business’ unique schedule. We have implemented some of the most customized services to ensure seamless payroll management services. Our Padgett payroll specialists are more than just our employees – they are your friends and liaisons to the tax world. Continue reading

Payroll Processing Specialists: A Small Business’ Best Friend

Small businesses face many unique payroll problems that frequently fall on already overworked H.R. departments or leave payroll administrators to fend for themselves in a big world of tax codes, regulations and stiff penalties for missed deadlines. The IRS doesn’t mess around when it comes to your company’s payroll or tax services. Fortunately, Padgett Payroll Services® utilizes experts with years of experience to take the stress of payroll services out of your hands, allowing your employees to focus on what matters most: your customers. So, why is a Padgett payroll processing specialist your company’s best resource? The answers might surprise you. Continue reading

How Outsourcing Payroll Services Saves Time and Money

What do small businesses and large corporations have in common? They both benefit from outsourcing payroll services! Whether your company is comprised of ten people or ten thousand, there are benefits to trusting the experts with your payroll services. Not only will your company avoid legal trouble with the IRS, but employees gain valuable time to work on projects and focus on customers. This service-centric perspective on business is sure to gain notoriety for your brand and, in time, improve revenue streams that reflect increased productivity. These business concepts are not new; Padgett Payroll Services® has simply streamlined the process to allow your company to function at maximum efficiency. Continue reading

Why Small Business Owners Need to Outsource Their Payroll

Let’s face it: you’re busy. You have to remember to address this client issue, schedule a vendor call, prepare the never-ending stack of invoices on your desk and still make it home in time for your child’s sports game. Add payroll processing on top of your already overloaded schedule, and it is no wonder you simply just cannot get to it all.

That’s why outsourced payroll options exist with Padgett Payroll Services®. Continue reading

Benefits of Outsourcing Your Payroll

The heart of every small and large business is bookkeeping. This department handles all the bills and payments received. They also work closely with HR to ensure all employees’ pay is reconciled, processed and delivered. If you are just starting out, the bookkeeping side of your business can often keep you so busy that you’re unable to serve and address needs on the front lines.

More established businesses often hire individuals to handle the accounting and bookkeeping, but just how accurate is their work? How updated is your small business payroll technology to ensure business success and streamline processes? Outsourcing your payroll may be the best option to ensure your business follows proper payroll procedures.

Joe Mullich, Xerox Contributor to Forbes, wrote on the powerful benefits of outsourcing accounting. The attraction of outsourcing options for businesses of all sizes is the transition from basic transactions to more strategic budget functions, something which is difficult to achieve in-house from a lesser experienced bookkeeper.

Here are some of the benefits of opting for outsourcing payroll: Continue reading