Every year, companies that invest in outsourcing payroll systems save themselves a great deal of time and money. Over eight million penalties are assessed by the IRS every single year because of incorrect or delinquent remittance of ones federal payroll taxes. Outsourcing to a company that specializes in high quality online payroll systems could be the perfect thing for any small business owner that wants to spend more time on other things.
Approximately 75 percent of CPAs (certified public accountants) have claimed that their clients lack the necessary expertise to handle their payroll on their own. In addition to that, 68 percent of CPAs surveyed have said that their clients time would be better spend focusing on their company, than trying to handle payroll related duties. For that, they should outsource to a company that specializes in payroll systems.
The most comprehensive payroll systems will not interfere with existing software programs. In fact, they should be able to integrate easily. A payroll systems company that can integrate their programs with Quickbooks®, Intacct® and other modern accounting programs should be at the top of every companies list. In addition to all that, the ideal payroll software firm should also have no trouble offering a mobile app that could be used on iOS, Android and Blackberry devices. This app could make it easier for every employee to view their payroll, benefits and other services without having to pester their employer about it.