Many small businesses face payroll issues that prevent them from paying their employees on time....
Make Your Small Business Payroll Easier
If you run a small business, you can probably relate to the hassle people go through to ensure their payrolls are delivered on time. Typically, you’ll run into a lot of calculation errors and sometimes may miss a few crucial deductions.
However, there is a way you can make payrolls less stressful. A payroll administrator can offer you the service you need to deliver payroll on time with great accuracy. Furthermore, the services they offer provide a wide range of benefits, which we’ll discuss further in this article.
Continue reading to learn all about Payroll services and stick around till the end, where you can learn more about The Platinum Group’s stellar record! Also, call 909.466.7876 and speak to a TPG Payroll & HR specialist for a free consultation!
Don't forget to also check out our article on the Wage Payment Requirements!
Payroll Administrator Vs. Payroll Specialist Vs. Payroll Accounting
There are many differences between a payroll specialist, administrator, and accountant. If you’re looking for someone to oversee your company’s entire payroll, a payroll administrator can get the job done. Their primary goal is to organize and deliver payments on time to all employees.
On the other hand, a payroll specialist focuses on a single department’s payroll, offering more focused insights. Their job is to collect and analyze data for each department while ensuring that its employees are paid on time for their work hours.
Lastly, payroll accounting dives deeper into the expenses incurred by the business to pay its employees, which include wages, taxes, benefits, and other incentives. Furthermore, payroll accounting doesn’t include any of the businesses’ costs, like rent and utilities.
What Are Payroll Services?
Nowadays, new software has eliminated the need to have large payroll teams to oversee the procedure. If you run a small business, using payroll software is a great cost-effective way to ensure your employees get paid on time, every time. Furthermore, it can save you from a lot of hassle when complying with legislation.
You can speed up the payroll process by opting for payroll services. The software is designed to calculate your employee’s wages and salaries and automatically deduct any taxes from their payroll. Moreover, they can move deductions to the relevant agencies, helping you comply with legal processes.
Lastly, payroll services feature more than just fulfilling wages and salaries. For instance, some businesses may offer other human resource management tools, such as attendance trackers, direct deposits to investments, and other tools. If you want to integrate payroll services into your firm, sign up for a consultation with The Platinum Group to receive the best services in the industry.
Make Payrolls Easier
If you want to make your payroll system easier, reach out to The Platinum Group. TPG offers one of the industry's best payroll and human resource management services for small- to mid-sized businesses. There are a number of payroll solutions you can opt for if you choose their services.
Whether it’s human capital management or employee benefits, TPG makes it easier for you to manage each aspect of your firm's payroll. Maximize your firm’s efficiency by scheduling a consultation with them immediately to transform the way you do your payroll!