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Payroll In The Cloud Solves Problems That You Didn’t Know You Had

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cloud based outsourced payroll BMRGWith new cloud-based technologies, you have the freedom to work with trusted professional accounting service providers anytime, anywhere. This means that services like outsourced payroll do not require an accountant to come to your office, making it even easier for you to hand over these complicated tasks and focus on growing your business.

Small businesses often have employees who perform multiple roles and functions, including those for which they have not necessarily been appropriately trained. Bookkeeping and payroll are often tasks that are performed by employees who do not have an accounting background or do not have prior experience with managing these processes.

This lack of experience can result in mistakes that can become costly, especially when it comes to paying and filing payroll taxes. Outsourced payroll can eliminate this concern and allow these employees to focus on their core competencies.

Potential payroll errors include:

  • Late employer tax payments and filings
  • Incorrect information on employer tax filings
  • Improper withholding of employee taxes
  • Incorrect setup of employee benefits such as health insurance or retirement plans

With outsourced payroll, your accounts will be set up right the first time, so you don’t have to worry about correcting mistakes down the road. You don’t even have to wait until the beginning of the year. Just pass your existing records on to a qualified professional and seamlessly transition to hassle-free, reliable payroll processing.

Cloud-based technologies make it even easier for you or your accountant to access your records in real time. You also don’t have to worry about losing important employee records if your office computer system fails. All of the data is securely stored on servers so you can access it from any computer, anytime, anywhere.

You or your employees can enter timesheet data from any computer, so there are no more excuses for late timesheets. Some cloud-based systems even allow your employees to make online requests for vacation or personal days.

If you want to streamline your business accounting and ensure tax compliance, consider the many benefits of outsourced payroll. You’ll have both more time and peace of mind.

Photo courtesy of Shutterstock.

The post Payroll In The Cloud Solves Problems That You Didn’t Know You Had appeared first on BMRG Accounting Services Blog.


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