What is Online Payroll Reporting?
Say goodbye to expensive in-house printing, the never-ending piles of reports on the 15th and 30th, and your ongoing need for additional storage space within the office. This day in age, with all of the technological resources available, there’s no reason to not have anytime online access to everything you need surrounding payroll.
The only problem with technology is that convenience often comes with a price. Online payroll reporting programs are not free – As a small business owner, how can you possibly reap the payroll reporting benefits and programs the much larger companies enjoy? By relying on a valuable payroll partner of course!
When you outsource your company’s payroll tasks to a payroll company, or a PEO, you not only gain their expertise, but also gain their technology.
Online payroll reporting will offer most if not all of the following benefits (depending on the program):
- 24/7 Access: Your files are available 24 hours a day, 7 days a week. Out of office or on the go? No problem! Check in at any time.
- Multiple User Access: Just because a payroll company or PEO is managing your payroll, doesn’t mean that you can’t have direct access to all payroll information. Online payroll systems grant multiple users access, whether it’s you, or your accountant, that is in need of more information.
- Taxes: Federal, State and Local Taxes are calculated, paid and filed for you.
- Easy set-up for direct deposit and ability to print checks in-house.
- Support: Online payroll reporting is relatively simple and self-explanatory, but when you work with a professional payroll company or PEO, help is never more than a phone call or click away.
- Quick and easy access to past files. No need to dig through the basement or closet for 2008’s payroll information. Just select the tax year and click to access records!
- Great search functionality: Look up an individual employee’s information by name or employee number.
Are you interested in a more efficient and effective way of managing payroll? Please contact us to learn more about the payroll administration solutions available at Employer Solutions Plus.