Payroll Services for the Modern Business
Excellent payroll services help ensure your wage, earnings, and benefits are organized and well-kept, your tax filings are in order, and your employees are paid, which helps build stronger relationships between you and your workers, thus also helping to inspire greater loyalty.
However, attempting to collect, calculate, process, and keep track of your own payroll details can be overpowering, especially with no prior knowledge or understanding of payroll responsibilities, as well as the tax rules that govern them, which can cost you in fines and penalties, in addition to overpayments due to miscalculations.
With our Vector Bookkeeping professional payroll outsourcing, you not only receive payroll services that make it fast and simple to manage your employee payments by syncing all your payroll data, including gross wages, withholdings, worker’s comp, and more, seamlessly all into one platform, using an industry-leading SAS, such as Gusto.com, which enables you to automatically process many of your payroll tasks with just a few clicks, all while keeping you compliant, but we also make it affordable as compared to other larger accounting companies and payroll online services.
In fact, some benefits of working with our payroll online service include:
Employment Payment Services for the Modern Business
We understand that as your employee base grows, so does your demand for more innovative payroll solutions for your small business, and that is why we strive to provide you with the most modern services that go beyond just processing your employee payments to helping fulfill all your payroll tasks for a one-stop-shop service that gives you peace of mind knowing everything is taken care of.
In fact, using the latest technology, such as Gusto, we can not only automatically run your payroll for hourly or salary employees with set hours – all you have to do is select the payment day, but we can also streamline many of your other employee payments into your account, including your employee retirement plans, group health insurance, workers compensation insurance, and more, for added value and convenience.
We also offer many flexible payroll features, such as unlimited payrolls and in all 50 states, so you can run payroll as often as you need and for whoever you need, as well as the option to pay different employees different rates based on their accumulated work each pay period. We can also customize multiple pay schedules for your staff based on their needs.
Your FLSA Tip Credit minimum wage requirement can also be automatically adjusted as needed to ensure you comply, and we can even also pay reimbursements at the same time you run payroll, add deductions for benefits, and more.
And there’s no need to feel overwhelmed or burdened with having to remember each of your payout schedules on your own because the day before each disbursement, we’ll send you a reminder, during which time you can also make any changes if necessary. As part of our updated program, you can also access your account and run payroll on the go using a smartphone or tablet.
As if things couldn’t get any easier, we also enable your employees to set up their own accounts, after which time, they can access their stored W2s and paystubs online whenever they need them. They can also access money between their regular payouts if needed, so they are covered in the event of an emergency or other unexpected expense that may occur before payday, and they can also do so with no additional cost to them or you because the money is simply automatically repaid from their regular payment; therefore, it won’t alter your payroll or your books.
Automated Payroll Taxes
Your payroll taxes are governed by various federal and state rules that require a lot of math, which can quickly become confusing and frustrating when attempting to calculate your own tax obligations.
However, when you partner with us for your payroll needs, as part of service, we also automatically calculate, file, and pay all federal, state, and local payroll taxes, so we’ve got you covered. We also e-file, e-sign, and e-fax the forms you need, which also helps eliminate paper messes. Come tax time, we also issue and file your W2 and 1099 forms as well as also send them to your employees and contractors as an added benefit. Any new hires can also automatically be reported to the proper agencies on your behalf.
And as with any of our online accounting/bookkeeping services, you can rest assured knowing our work is always double-checked by our other professional team members for accuracy, and we always remain up to date with new tax laws to help ensure you remain compliant.
Quite often, when you think of payroll reports, you probably view them as only a pile of annoying documents that are required for your business by tax officials; however, they can also be used for business-specific purposes, such as to measure your profit margin, which will enable you to better control certain costs, including your overhead costs and labor costs, to help you stay on budget and better manage your business.
As a member of our program, when you are ready to analyze the state of your business finances, simply download reports for your payroll history, bank transactions, contractor payments, paid time off, tax payments, and more, which will provide you with a good perspective of your biggest costs, so you can make the proper adjustments to help get them more aligned with your goals.
Greater Data Security
Storing your own payroll records in-office always brings with it its share of risks from becoming lost to becoming damaged due to a fire or natural disaster to becoming breached either from the outside or within, which can leave you feeling anxious, regarding the safety of your data.
However, with our modern services, not only are the important details of you payroll stored and kept well-organized all in one place online, but we also do so using a secure, cloud-based platform that provides encrypted application security, data security, and account security for the utmost protection of your sensitive employee and company information, no matter where or how you access your data.
Your account is also regularly monitored to help prevent fraudulent activity.
Ongoing Customer Support
Outsourcing your employee payments to a payroll online service doesn’t mean you’ll be left alone without comparable customer support as a face to face payroll company either.
In fact, once you contact us, we’ll also help you determine the best payroll solution for you for maximum results. Then, once you are enrolled, simply contact your account manager whenever you have any issues understanding your calculations or navigating your account, and they will get back to you usually within at least one business day.
These are but a few of the benefits that we can provide for your small business payroll, and at budget-friendly prices. We also make upgrading to Vector Bookkeeping for your professional payroll outsourcing needs pretty straightforward. In fact, all it takes is just a few steps. When you are ready to make the switch to our online payroll services, simply get in touch with us by phone to get started, or you can contact us via our website, after which time, we will ask you to provide us with an overview of your business needs, which will then enable us to determine the best way to manage and streamline your particular payroll to help save time and money.
For the best online accounts payable services in Portland from professionally certified bookkeepers at a fraction of the cost of any CPA contact us for all your accounting solutions. Overall, outsourcing your accounting tasks to a bookkeeping company should free up your time so you can concentrate on growing your business. Yes, this type of service does involve costs, but those are probably less than employing a full-time bookkeeper, and you get the benefit of having part-time services with full-time presence.
With accurate accounting in place, you can have peace of mind that any decisions you make will be informed, considered and right for your business. Fill out our quick questionnaire for a free custom consultation or send us a message on Facebook if you have something more specific to ask.