Payroll processing is an essential business function as it involves managing employee payments.  Payroll processing can be confusing, complex, and costly. It takes both time and effort to gather employee information, calculate deductions, and ensure you are withholding the right amount for federal and state taxes.

Your accounting team has better things to do. It is a far better option to outsource payroll functions to save time and money. Outsourcing increases business efficiency and allows you to focus on your core capabilities. Your accounting team will have more time to focus on more productive activities, such as creating a financial policy for your business.

Here are some compelling reasons to hire a payroll services provider in Santa Rosa.

Less Errors

Payroll mistakes can be frustrating and costly. Around 40 percent of small businesses pay an average penalty of $845 per year for late or inaccurate filings.

Government rules and regulations change at regular intervals. Professionals in an accounting team have too much on their plate and cannot be expected to keep on top of amendments that take place in the regulations.

Professional payroll providers, on the other hand, follow every development closely. They stay current with rules, regulations, and amendments. Equipped with knowledge and experience, your payroll services provider is less likely to commit a serious mistake than your in-house staff.

Time and Cost Savings

Payroll is one of the most complicated business processes. Every year, thousands of man-hours are spent managing payroll. Outsourcing payroll will allow you to concentrate on your core business.

Payroll services in Santa Rosa will lighten the burden on your HR and accounting professionals, allowing them to focus on strategic tasks that could ultimately impact your bottom line.

When you outsource your payroll, you won’t have to hire more employees and will be able to get things done with a smaller team. Your service provider will ensure tax compliance and avoid costly computation errors.

Enhanced Security 

Payroll processing is complicated and fraught with risks. Even with trusted partners, there is a risk of employee fraud and identity theft.

Payroll processing companies understand their clients’ concerns. Reputable providers invest in state-of-the-art systems for storing data. These advanced systems utilize technologies that can alert clients to potential frauds and errors.

Many providers create redundant backups and utilize multiple servers (located in different parts of the world). A multi-server environment is more efficient and cost-effective, and provides better protection against cyberthreats.

Finding it hard to manage payroll? Virtual Jeannie Bookkeeping Services can help. We offer end-to-end payroll solutions in Santa Rosa. We will manage your payroll so your teams can stay focused on critical activities. To discuss your project with one of our professionals, call (707) 664-1425.