The Benefits of Outsourcing Your Payroll
Running the day-to-day operations of your business is challenging enough without having to worry about back office tasks. On the surface, executing your payroll in-house might seem a cost-effective and efficient option. But when you factor in the meticulous process and the perils of filing incorrectly, outsourcing your payroll is a no-brainer.
Business Cents has been providing excellent, customer-driven back office business solutions to entrepreneurs in New England for 17 years. We are experts in payroll service, document management and archiving, computer hardware solutions, data backup, as well as accounting and bookkeeping.
We take pride in helping your company by taking some of the hassle away from your day. One major service we offer is payroll outsourcing. Although this task might seem menial, many businesses we work have saved time, money and headache by using us.
Why Outsource Payroll
Payroll processing internally can be attractive for a number of reasons. Saving money, keeping your information in house, being able to make last-minute alterations — all of these are valid arguments. But what seems like a smart move in the beginning often proves to be annoying, stressful and expensive in the long-term.
We are experts on the proper procedures of completing your payroll. We eliminate mistakes by double-checking data entry for errors. We save you money by calculating hours and taking care of physical paychecks and paystubs. We also give reports and prepare your taxes and returns to government agencies. Remember time saved is money saved!
Accurate Accounting
Staying compliant with government regulations is also very important, and something to consider when choosing to outsource your payroll processing. Doing your taxes is one thing, but doing them correctly is a whole separate issue. Even if you’re experienced in payroll tax, hiring to a professional can help alleviate the stress that comes with calculating and filing.
Safe and Secure
A common misconception with outsourcing your payment information is that the information is vulnerable to a hack. Business Cents uses Microsoft commercial software, and we implement Microsoft Best Practices. We also use software and hardware firewalls and maintain our own servers and infrastructure to support them.
We have redundancy onsite and offsite that only Business Cents personnel can access. All information we receive from clients is scanned, maintained and reviewed from our databases. When we are working on items that are not scanned, they are locked in file cabinets when not in use. We use 256 AES encryption and password protect our client sensitive files when sending them over the Internet. We are also fully insured and all of our employees are bonded.
When choosing a company to work with for all your back office work, give Business Cents a call today. We are industry experts in accommodating business in many different areas, as we take a friendly, partnership approach with our clients to solving problems and adapting to your company’s needs.
Give us a call today!