Business

Are you doing your payroll Right?

You could definitely outsource the payroll instead, but the costs of hiring a separate entity to handle your payroll can quickly add up.

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Compensating employees is an essential part of any business. Some companies leave payroll responsibilities up to their in-house HR department, while others may choose to outsource the payroll to a separate service provider. If you’re a smaller company, you may even choose to personally handle the payroll, which means you’ll have to file the relevant paperwork yourself.

Unfortunately, if you’re just learning how to do payroll, the potential for errors is very high. If your paperwork is filed incorrectly, it could end up costing you thousands in fines! Of course, you could definitely outsource the payroll instead, but the costs of hiring a separate entity to handle your payroll can quickly add up.

Fortunately, there is a third option: payroll software! By using complete payroll solutions like UZIO, you can keep costs consistently low without needing to outsource your payroll or constantly paying overtime to your HR department.

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Arguably, the number one benefit of using payroll software is the amount of control it gives you. Cloud-based payroll services are designed with simplicity in mind, so that means they’re easy to use.

Instead of spending hours learning how to do payroll by hand, simply input your employees’ information into the program and the software will handle the rest! Since you’re not relying on an outside company to manage your payroll, you don’t have to worry if any last-minute changes come up.

This makes it easy to fix any errors you may have accidentally made, like if an employee filled out their paperwork incorrectly or their hours were reported inaccurately. Even if you don’t personally handle the payroll, your HR department is sure to thank you, because the simplicity of cloud-based payroll services will save them a lot of time in the long run.

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Running a business is stressful enough, so why waste time using complicated processes that are ineffective? Using complete payroll solutions like UZIO provides an All-In-One solution, handling everything from payroll and time-tracking to benefits and salary changes.

Our payroll software easily syncs with your existing HR and benefits information, even managing health insurance, 401(k)s, and worker’s compensation. This automated approach reduces the amount of time dedicated to handling your payroll, so the HR department (or you) can focus on the other tasks at hand.

Another bonus? You can stop worrying about taxes or staying ACA compliant because UZIO adapts to the ever-changing tax laws. It even makes sure your payroll taxes are filed on time!

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 This sounds great, but you’re probably wondering how much a service like this costs. After all, learning how to do payroll yourself would definitely be worth it if it meant saving thousands of dollars every year. Fortunately, you’ll be happy to know that cloud-based payroll solutions are extremely affordable.

In fact, depending on the size of your company you may be able to get started for less than $75 The low upfront costs are definitely an advantage, but another great thing about online payroll software is that you’re in control of the costs. While you certainly can get an all-in-one solution that covers every HR need imaginable, you can also downsize if needed.

Cloud-based payroll services give you the flexibility to work within your budget while still meeting the individual needs of your specific company. In this sense, a cloud-based approach not only saves you time but also saves you money, since overall expenses (or budget cuts) are left in your hands.

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Recommended: 7 Reasons You Should Hire an IT Consulting Agency

 Now that you know about all of the available options, chances are you’ve crossed the DIY approach off of your list. When there’s an alternative solution that eliminates the chance of making costly mistakes, doing it yourself doesn’t seem very appealing.

Outsourcing may be great for companies with budgets to blow, but if you’re trying to find a way to make every dollar count, then using payroll software just makes sense. Whether you need complete payroll solutions or a singular service, cloud-based payroll and HR solutions like UZIO offer the most practical solution for your business. Ready to make your life easier, and your office more effective? Get your free 30-day trial of UZIO today!

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