2016-12-09 00:00:00PayrollEnglishLearn what to consider when choosing a payroll provider. Review the most important aspects of payroll providers.https://quickbooks.intuit.com/ca/resources/ca_qrc/uploads/2017/03/Business-Owner-Calls-Payroll-Providers-To-Compare-Services-And-Find-The-One-That-Best-Matches-Her-Needs.jpgHow to Find the Right Payroll Provider

How to Find the Right Payroll Provider

0 min read

If payroll is taking up too much time or if you simply don’t want to deal with this complicated task, it may be time to outsource the job to a payroll provider. Whether you choose to use an app or a payroll professional, there are several elements to keep in mind when making your selection:

  • Make sure the service can handle your needs, especially in terms of deducting taxable benefits, calculating matching retirement contributions, or handling other benefit programs
  • Look at cost, which may be a set monthly fee or based on the number of employees
  • Compare employee payment options such as cheques or direct deposit
  • Consider compatability with your accounting software — ideally, you want to be able to sync payroll information with your accounting software easily
  • Ask about reporting capabilities so you can see where you how you are spending your money

References & Resources

Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

Related Articles

Payroll Tips and Tricks

Managing your small business’s payroll can be a bear. It is complicated,…

Read more

Forget the Filing Cabinet in Favor of Online Payroll Processing

Online payroll processing allows small businesses to store payroll information in a…

Read more

Should I Pay for Payroll?

The decision whether to outsource the payroll function or keep it in…

Read more