By Aron Fredheim, Cloud Technology Group
Processing payroll can be one of the most tedious aspects of running your business. Luckily, there is an abundance of payroll software available, however the level of service you are provided varies between applications. These applications can simplify and automate much of the processes related to payroll, from recording time, to paying employees, to filing taxes. These applications can simplify and automate much of the processes related to payroll, from recording time to paying employees to filing taxes.
There are payroll applications that focus specifically on the entering of time, while others specialize in the HR benefits and reporting needs. There are also full Professional Employer Organizations (PEO’s) and full service payroll providers. While some are free to use, others can get quite pricey depending on the features selected. With so many options, how do you know which application is best for your organization? With all these options, how do you know which application is best for your organization?
Finding the right payroll application for your company will depend on a number of different factors such as:
- Do you provide vacation or leave time that needs to be tracked?
- Do you need to track where your employees are entering time to ensure they are at the correct job site?
- Do you need assistance with wage garnishment, benefits and reporting?
- Do you need the application to integrate with your Enterprise Resource Planning (ERP) system?
It can be overwhelming to attempt to sift through all the details of the many options out there, but it is important to not get caught up in all of the ‘bells and whistles’. If you’re struggling to pinpoint what functionality is critical to your organization and which payroll application is best for your company, Withum is here to help.
Reach out to our cloud technology team to schedule a complimentary consultation. We can get an understanding of your business and its needs in order to aid you in making that decision.