Did you know a quarter of small business owners are shopping for a payroll provider near the end of the year? Some are fed up with the bad service they’ve received. Others are frustrated by payroll platforms not integrated with their business’s software and hardware. Maybe a vendor’s lack of attention has resulted in costly errors and penalties. Or perhaps a business owner is just tired of doing payroll with everything else on his/her plate. Whatever the reason, the New Year is the best time to make a change.
Why? At the start of the New Year, there’s no historical data to migrate from old systems into new ones. Business owners don’t have to go through the hassle of collecting all the year-to-date and quarter-to-date information from their old provider. Changing providers at the beginning of the year allows a new payroll company to hit the ground running with a clean slate.
Merchants can certainly switch payroll providers after January, but they’ll have more information to transfer and the added complication of whether it’s the former or current payroll provider’s responsibility to perform certain tasks. That brings us to the most important question – what should merchants look for in a new payroll provider? Not all providers offer the same level of service. The following questions should be considered:
WHAT PAYROLL FEATURES ARE PROVIDED?
We go beyond processing payroll. Merchants may source a service that can help with HR, recruiting and onboarding, time and attendance, and benefits administration – today and as their business grows.
IS THE PAYROLL SYSTEM EASY TO USE?
Merchants want an intuitive platform that eliminates data entry duplication. It should also be cloud-based, with a simple to navigate dashboard that allows merchants to view and automate activities, and generate pre-built reports.
WILL THE PAYROLL SERVICE KEEP MERCHANTS COMPLIANT?
Help merchants protect their business and provide easy access to certified HR professionals who can provide personalized guidance on HR issues, labor laws and federal, state and industry regulations.
IS THE PAYROLL PROVIDER EXPERIENCED AND REPUTABLE?
Find out how long a provider has been serving the payroll/HR community, and how many active customers it has. Ensure merchants have access to a dedicated service representative who understands their business, serves as an extension of their team, and is a single point of contact for all of their needs.
Payroll is far too important to stay with an unsatisfactory provider. If you know a merchant who has been toying with the idea of outsourcing payroll or changing providers, now is a good time to pull the trigger.
Additional Benefits to Using Priority’s Payroll Solution, Include:
- Full-Service Automation: Cloud-based payroll that automates federal, state and local taxes.
- HR Tools: Employee self-service, automated boarding, and much more.
- Integrations: Sync with QuickBooks, Xero, time tracking software.
- Pay-As-You-Go Worker’s Comp: Offer merchants a full range of benefits.
- White Glove Setup: Free migration of employee data and prior wages.
Ready to Get Started?
Contact our Relationship Management team today to learn more about how your merchants can take advantage of this new solution.