Is it Time to Switch Payroll Providers?
Filed under: Payroll
The quality of a payroll provider is essential to ensure that employees receive accurate paychecks on the right days. Many companies take the approach of: “if it isn’t broken, then don’t fix it!” But, even though your payroll system seems to be fine, there might be benefits to switching to a new payroll provider.
Improving Services and Offerings
One of the benefits that you can expect is an improvement in the services and offerings that are provided to your employees. It is essential that your employees are happy, and you need to understand how the payroll schedule will impact employee satisfaction.
Late payroll processing or mistakes in the calculations can lead to frustrated employees, which has a negative impact on productivity. So, it is a good idea to switch services if you can see that things aren’t going as well as they should.
Minimize Your Busy Work
Another reason why you should utilize the services of a new payroll company is if you are still handling the payroll processing in-house. As the business owner, you shouldn’t be spending your time crunching numbers and printing paychecks. Instead, you need to outsource these tasks so that you can focus on the management of your employees.
Adjusting your workflow and minimizing the busy work is crucial so that you can focus on business development. Even though the changes seem small, they can make a big difference for the future success of your company.
The Right Timing for a Change
If you are thinking about making a change with your payroll provider, then you need to think about the timing. You have the option to switch payroll services anytime during the year. But, the smoothest transitions usually happen at the start of a new quarter.
So, right now is the time to start the conversation if you want a new payroll provider for the 2nd quarter of 2018. We can discuss your needs and put together a schedule to ensure that you will be ready for these new services by the beginning of the quarter.
Do you need more information about payroll processing? R&R Payroll & Bookkeeping Services is a great resource for your company. Call to learn more about these payroll services: (951) 296-0412.