Advantages of Enlisting a Professional Payroll Processing Team

HomeBlogAdvantages of Enlisting a Professional Payroll Processing Team

Here at Proctor & Assocs., we want to help you do what’s best for your business, and in many cases, this can mean enlisting a payroll processing team to handle this important facet of your operation for you. In this article, we’ll go over some of the advantages of outsourcing this task to specialists like ourselves so that you can decide if it’s the right move for your business.

enlisting a payroll processing team to handle this important facet

  • It saves time. Payroll processing is a time-consuming job. You have to keep track of a lot of information about a lot of people, including details about benefit deductions, garnishments, new hires, terminations, and more. In addition, preparing your employees’ W2 forms every year takes up a significant number of work hours that you could be using to work on other projects. Handing this process off to a specialized team like Proctor & Assocs. will save you time and let you more effectively focus your efforts
  • It saves money. While big corporations tend to have in-house payroll experts, small- to medium-sized businesses often don’t have the budget to hire someone just for payroll. If your business has fewer than 30 employees, it’s highly likely that you can save a significant amount of money by using a payroll processing service rather than hiring a new team member to handle it.
  • It offers peace of mind. The third reason that we at Proctor & Assocs. encourage you to use a payroll processing team is that enlisting the experts will give you greater peace of mind. Tax and payroll regulations are highly complex, and payroll mistakes can incur serious consequences for your business. Our team’s whole job is to stay up-to-date on tax law and make sure our clients comply with the latest regulations, so giving this task to us will let you not have to worry about possible mistakes.