Many small businesses find that hiring a payroll company to manage payroll responsibilities is a great way to make efficient use of their employees, ensure duties are handled correctly and promptly and often enjoy an overall savings of time and money. But handing off that important responsibility is a really big decision. No business owner should make the decision lightly since the business owner remains legally responsible even when delegating these duties to a payroll service. So how can you evaluate a payroll service to be sure that they are worthy of your trust? Here are a few questions that you want to ask:
- Do you have experience dealing with my kind of business? For some businesses, payroll can be very straightforward, while for others, such as restaurants where servers receive tips, it might be more complicated. You want to be sure that your payroll administers are experts not just at payroll in general but also in the specific needs of your business.
- Do you have a plan in for monitoring or accountability? Because mistakes on payroll can be costly and may even have legal consequences, you want to be sure that the payroll company you choose is reliable. Ideally, companies will have a system for demonstrating their reliability to customers.
- How long has your company been in business? While a new company may be capable of meeting your payroll needs, businesses often feel more comfortable with payroll companies with a longer history in the industry. Not only do they have more experience in dealing with less common problems that may arise, but they also have a proven track record of keeping satisfied customers.
If you are looking to turn your payroll operation over to an experienced, trustworthy company, look into The Payroll Department. Providing payroll services since 1990, The Payroll Department has the know-how to handle even the most complicated payroll situations. They stand behind their work and even prove it by providing you with the results of quarterly third-party audits performed at no cost to you. Give Teresa Ray a call at 317-852-2568 and find out how The Payroll Department can start earning your trust!
-Jessica of The Payroll Department Blog Team