One of the common occurrences in many businesses is that time can go by without any significant efforts made to ensure that payroll is being processed accurately. The purpose of an audit is to verify that your financial statements reflect a true and accurate record of your organization's results during the financial year.
Topics: payroll management, payroll audit, payroll process, outsourcing payroll management, payroll compliance
As organizations grow in size, so does the associated support functions within that organization. More employees means more HR and payroll tasks. More employees require more internal support, which means more employees just for those functions. And this can become counterproductive at some point.
Topics: managed payroll services, outsourcing payroll management, payroll compliance, managed payroll, payroll outsourcing
[Editor's note: This post was originally published in January 2017 and has been completely revamped and updated for accuracy and comprehensiveness.]
Increasing numbers of mistakes with payroll processing serve as warning signs that indicate your payroll team may need more staff and and better resources. On the other hand, it's very likely that it's simply time to consider other options for managing your payroll process, such as outsourcing.
Topics: payroll management, payroll management companies, payroll process, outsourcing payroll management, payroll compliance
Topics: outsourcing payroll management, business payroll, managed payroll, payroll outsourcing, management practices
Topics: payroll management, payroll tax filing, outsourcing payroll management, payroll compliance, payroll outsourcing