What To Look For When Choosing Between Payroll Companies
When you're tasked with figuring out which of the many payroll companies available are a good fit for your company, it can be hard to narrow down your top choices. Whether you decide to go with a single payroll consultant, or hire an entire payroll administration, there are several things that good payroll companies have in common. Let's take a look at the things you'll want to have on your checklist as you search for the perfect payroll administration to ensure that your team gets paid on time.
Flexible timing. You'll want to talk with potential payroll companies about when they're available to make the switch with you. If you're a startup company, you'll want them to get started as soon as possible. If you're already working with another payroll company and it's time for a change, you'll want to make sure your new company can work with you to ensure that your employees keep getting paid without any glitches in the system.
A centralized database. You and your payroll company should both have access to all the data you need to do your jobs. A centralized database allows you to access the numbers you need to give your employees information and to inform decisions about raises and pay for performance increases. You don't want to have to call back and forth with your payroll management company to get access to data on your own company. The company should also provide training on how to use their database so you're not sitting on the phone or on live chat with customer service when you're trying to help your employees with payroll information.
Data integration. If you're an existing business, you already have systems in place, and you'll want those systems to seamlessly integrate with your new payroll system. Any data and payroll management company should be able to work with you through the transition to their system, integrating point of sale systems, HR databases, and other information that you already have organized in a way that's working for your company.
Whether you're looking for a payroll consultant, a payroll administration company, or another payroll service, we're here to help. Reach out to Apex today to learn more about how we can help with all of your payroll, HR, and risk management needs.