How to choose a payroll partner

There are many things to consider when deciding whether to partner with a payroll service provider. Outsourcing your payroll services can offer some much-needed flexibility. That means you can focus on your customers while also providing the right attention and care for your employees.

Finding the right payroll partner means finding someone who will make sure several crucial tasks are done on time and in compliance with federal and provincial laws. These tasks include ensuring your employees get paid, collecting payroll taxes, and filing payroll tax forms.

As you search for your first or a new payroll partner, it’s important to know the questions you need to ask.

Consider questions such as:

1. How long does it take to set up my service and run the first payroll?
2. What do you do to ensure my information is safe and secure?
3. Are there additional fees for employee payroll when making additions or changes?
4. Are there any additional fees for filing taxes in multiple jurisdictions?
5. If you make a mistake, are you liable, and how long would it take to fix that mistake?

There are various other tasks your payroll services partner can also tend to, from handling direct deposits to tracking employee time. And the more automated these services are, the more efficient and accurate they can be, as they reduce the risk of human error entering the process.

If you're contemplating outsourcing your payroll processing or changing payroll providers, don't hesitate to reach out to our team at Padgett! Along with our preferred payroll provider, PayTrak, you can trust our nationwide network of accountants and business advisors to manage your payroll needs, minimizing the risk of penalties and easing the process so you can keep your focus on your customers. Find an office near you today!