Why Do Your Payroll Online?
Running your payroll online can bring a number of benefits to your small business. We know from surveying our customers that the ability to conveniently run payroll online is one of the most important things in a payroll service to them.
Here are the key advantages to processing payroll online:
- You don’t have to conform someone else’s schedule – if you use an offline service, you have to stop what you’re doing and call or fax in your payroll. Then you wait for the checks and reports to be delivered. With an online service, you can run payroll anywhere and anytime you have Internet access.
- Complete access and control – Your reports are available when you need them and you can change account information whenever necessary.
- Reduce the risk of errors – You’re the only one keying in the data, so you don’t have to worry that other people will enter incorrect information. You can review and approve everything yourself.
- Disaster proof – We hope this is never an issue, but in the event of a flood, fire or some other catastrophe that keeps you from getting to your office and files, payroll is not a problem. All your information is stored online so you don’t have to worry about losing any of this very important information.
Keep these factors in mind when you consider whether or not an online payroll service is the right fit for your small business.
Michael Alter, payroll expert with an MBA from Harvard Business School, is a nationally recognized spokesperson providing thought-leadership and sensible advice to help accounting and payroll professionals build deeper more profitable relationships with clients. Alter, President of SurePayroll, writes the Managing People column on INC.com and is frequently published in Bloomberg TV, the Wall Street Journal, and Entrepreneur Magazine.