When it comes to your payroll, there’s a lot of administration and time that comes with it. And, when you’re too busy running your business, the burden of payroll isn’t something you can add to the list. That’s why you hire accountants or payroll staff, right? But what about the errors that come with manual payroll processing, money spent on updating software and missed deadlines that result in hefty fines?
It’s much easier, efficient and faster to outsource your payroll and let us handle the ins and outs. We will:
- Calculate employee pay
- Manage tax deductions
- Administer payroll tax deposits
- Keep track of all necessary records…and more
With ProSourceSolutions, your payroll process doesn’t have to be complicated or something you put off at the end of every month.
Ready to outsource your payroll and focus on running your business? Here’s how it works with ProSourceSolutions. For more information, contact our team to get started.
When Do I Need To Outsource My Payroll?
The sooner, the better. But, there may be some struggles you’ve noticed with your payroll recently that mean it’s time to make the switch that will save you time, money and energy.
- Administration: If payroll is taking hours or days every month, where you’re calculating hours or overtime, it’s probably time to outsource, so you can focus on generating revenue.
- Compliance: It’s easy to miss things, so if you’re spending longer than you should worrying about local tax laws and misclassification rules, you should outsource.
- Cost: Have you been stung by the cost of late tax penalties or payment errors? That’s why you need to outsource your payroll.
- Growing Business: If you’re expanding your business, hiring or taking on new ventures, you’ll need to invest more time than ever into your business.
Traditional Payroll Vs PEO:
As a Professional Employer Organisation (PEO), we don’t just outsource and process under regulations and models, but we become the organisation’s employer of record for tax purposes. So, we assume the tax responsibilities and take on workers’ compensation and HR compliance.
Traditional payroll services may provide you with software and process your numbers and data, but they won’t take on the liability. ProSourceSolutions will, so you’re legally protected and sharing employer liability.
5 Steps To Outsourcing:
If you’re ready to make the jump, ProSourceSolutions makes it easy to get set up. In just 5 easy steps, we can have your payroll function compliant and efficient.
- Assess Cost and Need: Calculate the hours that you or your team are spending on payroll processing, or what it’s costing your business. Could this time and money be spent elsewhere? Are your payroll benefits complex? Is there currently room for error?
- Choose A Partner: Choose a PEO that becomes your true payroll and business partner, so you can trust that they won’t just handle payroll but the tax responsibility, benefit deductions and tax filings, too.
- Gather and Audit Data: You’ll need to work with your chosen partner to transfer your data. This includes employee pay rates and benefit deductions.
- Implement: You’re not in this alone! Your partner will help you implement and roll out the new payroll system. This includes the onboarding process, testing for errors, and ensuring that the system is operating accurately before going live.
- Get Back To Running Your Business: With your payroll taken care of, you can go back to focusing on your business with the confidence that your payroll is now cost-efficient, error-free and in good hands.
Payroll With ProSourceSolutions
Leave it with us. As your payroll providers, we make it our job so you don’t have to worry about a thing. From implementation to management and review, we’ll ensure that your payroll is seamless.
Remember the time you spent calculating numbers and hours at the end of each month? Imagine what you can do with all that time now. Payday just became easy with ProSource Solutions.
Contact us today to get started.
FAQ’s
Is my employee data safe when I outsource?
Yes! We use high-grade security with encrypted platforms to ensure that your data is safe when we handle the payroll for you.
How long does the transition and implementation take?
We aim to make the implementation as smooth as possible, so you won’t feel a hiccup in your process. Generally, full onboarding will only take a few weeks, so you’ll have a brand new payroll function in no time.
