Save On Time And Money When You Outsource Payroll - PowerPoint PPT Presentation

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Save On Time And Money When You Outsource Payroll

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If you’re a business owner, you may have made the choice to handle your company’s payroll functions yourself, or at the very least, internally. While this may be the right decision for you and your company, it could prove damaging for others. – PowerPoint PPT presentation

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Title: Save On Time And Money When You Outsource Payroll


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Save On Time And Money When You Outsource Payroll
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  • If youre a business owner, you may have made the
    choice to handle your companys payroll functions
    yourself, or at the very least, internally. While
    this may be the right decision for you and your
    company, it could prove damaging for others.
  • Why could it be a mistake to handle your own
    companys payroll?
  • Two of the main reasons why handling your
    companys payroll could prove detrimental, are a
    lack of necessary expertise and time constraints.
    Many business owners feel that either they, or
    some members of their team, understand enough
    about payroll for it to run

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  • smoothly, but they are often naïve to its
    complexities. This can lead to disgruntled
    employees and penalties for not being compliant
    with the laws, both federal and state.
  • As for the issue of time, payroll can take up a
    sizeable chunk of yours or your employees time
    when they are recording and calculating payroll,
    and time constraints often lead to employees
    consistently not being paid on time. This of
    course, leads to disgruntled staff and potential,
    costly lawsuits.

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  • What are the benefits of outsourcing payroll?
  • There are many reasons why outsourcing payroll
    could be in your businesses best interests, and
    here are just a few
  • It can save time
  • Even if your business is small, payroll takes up
    a lot of time, especially if you want it to be
    accurate and timely, as of course it should be.
    Outsourcing payroll frees up a whole lot of time
    for you or your employees to attend to the many
    other demands of running a business.

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  • It can also save you money
  • If you can save time by outsourcing payroll, then
    you can save money in other areas of your
    business, as your teams time is freed up to focus
    on other money-making aspects of the company. As
    the adage goes, time saved, is money saved. It
    would certainly be worth evaluating the cost of
    outsourcing payroll, to see if you could save you
    money in the long run.nbsp

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  • Outsourcing payroll can be safer
  • With payroll being complicated and potentially
    risky, you should try to minimize those risks by
    working with a professional payroll provider who
    will guarantee you confidentiality and provide
    you with a state-of-the-art security system for
    storing and protecting your companys data.
  • Always be compliant
  • The world of government tax regulations is one
    that is often shrouded in mystery, and keeping up
    to date with all the changes to laws, can be
    frustratingly time consuming.

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  • A professional payroll provider will make it
    their job to understand every law, whether local
    or federal, and they will ensure that you remain
    tax compliant at every stage of the payroll
    process.
  • Payroll professionals have a wealth of expertise
  • Payroll is understood inside and out by those who
    work professionally within its realm, and their
    expertise and extensive knowledge will see
    payroll always running smoothly for your
    business.

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  • While you may feel that your business can cope
    with handling its own payroll functions, the
    evidence does not usually support this. Small
    businesses can quickly get into a lot of trouble
    if their payroll isnt being kept up to date, and
    their staff arent being paid correctly, or on
    time. Outsourcing payroll is one simple way to
    end these worries, and be safe in the knowledge
    that your employees will be paid properly and
    that you are adhering to government policies and
    regulations.

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  • Apollo Payroll is one of the premier small
    business payroll services companies in Miami and
    Coral Gables. Apollo Payroll is dedicated to
    delivering expert advice, responsive service, and
    highly accurate payroll processing and reporting
    to ensure the success and growth of the business
    that we serve. Our services include comprehensive
    payroll services in Miami Gardens and other
    cities in Miami-Dade County, employee background
    check and group health insurance in Coral Gables
    Miami.
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