Category: payroll services

5 Questions to Ask Payroll Providers

Posted on by Allison Hemingway

Payroll services plays a very important role in the success of any business. Employers ought to respond to tight deadlines and make sure that full employee information is always correct. You face additional pressure as a small business owner if you do not have the resources to employ a complete payroll team and you have to manage the payroll on your own. Not all payroll service agencies are the same. Choosing the bad payroll provider can be a source of additional stress. These are the five most important questions you must ask a payroll service provider before committing to using their payroll services.

  1. Are They Licensed, Insured and Bonded?

When outsourcing to a payroll partner, you trust him to control a major sum of your money. The worst nightmare for a small business owner is that his payroll service provider leaves with his deposit, which leaves employees in a high and dry state and the administration rushes to cut emergency controls. Though this is rare, small businesses are probably to suffer extreme monetary damage from this loss. Perform an exhaustive control to find if your potential payroll provider is consolidated, has adequate insurance coverage and is an approved payroll services provider accepted by the Internal Revenue Service and the States in which it operates.

  1. Do They Guarantee Their Work?

Payroll professionals are dedicated to helping you avoid mistakes that can result in valuable penalties. But even payroll services with the greatest reputations are wrong and make a rare mistake. Fortunately, all mistakes can be accurate and your service provider must have the professionalism to amend things instantly. Consult your potential payroll service supplier to find out what your company’s biggest mistake was, and how they have been able to rectify it.

  1. How Will They Guarantee the Security and Safety of the Data?

Payroll information contains large confidential information about your employees. It is your liability to care for it. Your payroll partner must take this safety as sincerely as you do. Ask your potential payroll provider to guide you through the details of your data storage system and pay special attention to how it is protected and where the data is located. Try to find cloud storage systems or off-site encryption with multiple redundancies to make sure that your data is always backed up in the event of hardware failure in other unexpected situation.

  1. How Flexible Are Their Services?

Your payroll partner should adjust to you, not the other way around at all. Search for a payroll provider who takes the time to know your business culture and look for details about your current procedures and what your employees anticipate. Does your company have a non-conventional compensation structure? Do you create to issue paper checks on direct deposit? Do you want to respond to employee income garnishment mandates? Your payroll services provider must provide solutions for the specific needs of your business.

  1. How Easily Can You Access Your Data?

By outsourcing your payroll to an administrative services organization, you must be able to access your data as rapidly as if you were managing your payroll inside. Your use of a payroll company must not obstruct your access to information. Search for suppliers whose systems allow you 24/7 access to you and your administration team. Many payroll service providers use a web-based system that allows you to approve generate reports, payroll, and make changes from your laptop, computer, or another device.

Choosing the right payroll services provider is not a decision that ought to be made in a hurry. Take the time to perform due diligence before committing to a special service. The attempt invested will reward you ten times in a lasting relationship with a reliable partner that can serve your business in the long term.

The Top 5 Small-Business Payroll Solutions in Australia  

Posted on by Allison Hemingway

If you’re looking for a Payroll Solutions in Australia, look no further. Below are some of the best picks you can make for this vital task. 

Getting your payroll right is essential, both to keep staff happy and to comply with tax and business legislation. And it’s not particularly easy to do so in Australia, with complex rules around superannuation and so forth. For small, simple payrolls it can be feasible to handle them in-house, but with larger or more complicated salary rolls and calculations, it can often be overwhelming. Getting the right payroll service provider enables you to concentrate instead on your core business, and let this complicated area of business and business legislation be handled by those who’re experts at it. 

Try payrollserviceaustralia.com.au  

Payroll Services Australia offers 2 decades of experience and is part of the established Accounts and Advice group, based in Melbourne. They offer accurate and simple payroll processing for companies both small and large, capable of handling runs of up to a thousand pay packets. They’re payroll specialists willing to offer cost effective, tailored solutions to all payroll issues. Their staff offer both taxation and payroll services specialists, with superannuation as a specialty and the expertise to guide ou through the day-to-day leave and compliance legislation. 

NGA Global Payroll Solutions 

NGA offer a suite of payroll services in Australia, from their proprietary payroll system to fully outsourced payroll and beyond for a fully managed payroll service across continents. They’re and international firm with offices world-wide to assist you in maintaining full compliance with local and international legislation regarding legal updates, compliance and error-free operation. This enables you to keep your own core objectives in focus while resting assured that a competent team are handling this vital business aspect. 

CXC Global 

CXC global payroll services is another global option for payroll control over multi-national operations. Their specific focus is the complexities of payrolls in multi-tier companies to save you money and time. They offer special focuses on insurance, superannuation and of course taxes as well as the payment of staff. You’ll save time and money on this complex monthly task with full risk management, close control and an increase in productivity. They bring a 15 year track record to the table, and offer full package customisation. 

Affinity Outsourcing. 

Affinity outsourcing are an Australian based specialist payroll service provider with 30 years’ experience to put on the table. They delight in solving the problems of complex payrolls and delivering accurate, timeous results for their clients that remain fully compliant. 

Advanced Payroll Services. 

Another Australian service provider, Advanced Payroll Services offers the ideal solution for smaller to medium sized businesses. They again focus specifically on superannuation legislation, and offer specialist local solutions to local payroll problems. They were built from the ground up in Australian conditions, not adapted from international models, and this places them ready to succeeded with local solutions. 

With these great Payroll Solutions providers for the Australian market, you can’t go wrong no matter your business size. 

How Online Payroll Services Can Benefit Companies 

Posted on by Allison Hemingway

Online payroll services are a necessity for businesses across the globe.. It’s getting tougher to run a business and compete with the best, and when you’re new or have a smaller company, there’s added pressure. You not only have to win local customers, but the wider ones too, and it’s not always easy to do. It’s really important to take the time to look at how you can improve the business’ potential, and one way might be through an online service. However, how can an online payroll service benefit your company? 

Removes the Need for Full-Time Employees 

A lot of companies have an in-house payroll team, which is great, but for most of those companies, they have those members on a full-time salary. While the team does a lot of hard work, they may not be needed for more than say two or three days a week, and yet they’re getting paid for five. It’s a big expenditure for the business and certainly it’s not ideal for those on a tight budget. However, by hiring a payroll service, you’re able to benefit by saving money. You’re removing the need for a full-time team, and instead choose a service that’s able to handle payroll within a day or two. That reduces a major expense and it’s ideal to say the least.  

Fully Remote 

When there is limited space within an office, you can worry about buying a larger premise in order to fit in all employees. It’s not ideal and certainly it’s cause for concern. However, with online payroll services, you have the ability to ensure all work is handled remotely – out of the office. That can make a real difference to say the least simply because it’s removing the need for in-house workers, and makes more space available within the office. It’s ideal and certainly, it’s a useful concept for those who want to get an effective way to deal with payroll.  

No Further Training 

Businesses often send employees away on training courses so that they can process payroll. However, that’s expensive, and it’s not everyone that wants to do it either. By choosing an online payroll service you remove the need for any additional training. Employees can focus on their roles within the company and don’t have to preoccupy their time with payroll or worrying about training. It’s fantastic to say the least and it’s certainly cost effective too. No further training can also make for happier employees.  

Help Your Business Succeed 

Does payroll guarantee success? Of course it doesn’t, but it can play its part. For example, when there is good organisation within the business, things tend to run smoother. What is more, there are fewer issues arising, and that’s the same with payroll. When payroll has an organised system, there are fewer mistakes and fewer problems to deal with. Looking at an online service can be a useful idea, and it can benefit the business greatly. It might be time to look at online payrollservices and see what they can offer you.