BY JEANNINE DUBIAC, FPC
Payroll should be that process that just flows.
As a business owner you know first-hand that
your employees need to be paid on time, correctly,
every time.
Unfortunately, for many companies, it’s anything
but smooth. Staying on top of payroll can
be a time-consuming and stressful process, especially
when relying on outdated payroll methods
to get the job done. With the multiple of IRS and
state penalties looming over every business, and
great employees anxiously waiting for payday, it’s
best to adopt the most efficient payroll tools and
resources at an organization.
To avoid unnecessary payroll-induced headaches,
for employers and employees alike, here
are a few suggestions to help improve efficiencies
in your payroll process.
1. Managing payroll.
Issue: Undertaking various job duties and
titles is often a necessity skill for business owners.
Unfortunately, the more tasks there are to juggle,
from marketing to human resources to accounting,
the greater likelihood of dropping the ball
on one of the many fine details related to payroll
and payroll taxes.