Many small businesses lack the resources to hire highly skilled payroll professionals. This might not seem like a major issue, but inexperienced workers are more likely to make costly mistakes than their more seasoned counterparts. They also lack the professional references you need to make sure they’re honest and won’t engage in fraudulent practices.
At NetPEO, we connect small businesses like yours with payroll companies that can take on any task you need help with. Their experienced specialists are some of the best in the field, so you can be confident that their work will be free of error. You also won’t have to worry about fraud, as we only work with the most reputable small businses payroll companies in Nashville.
Outsourcing to a Small Business Payroll Company in Nashville
Outsourcing to a provider in Nashville is a smart idea, even if you aren’t suffering from an underperforming payroll department. That’s because outsourcing to a small business payroll company is far less expensive than hiring and paying in-house employees. In addition, the money you save by outsourcing can be put towards projects that help your business grow.
There are a number of payroll services that a provider can manage for you. If you decide to partner with one, you’ll be able to choose exactly which tasks you want them to take on. Here are some of the payroll duties they’ll be able to assume:
- Direct deposits and W-2s. With a small business payroll company, you won’t have to worry about your employees receiving their paychecks or tax documents late. Your provider will make sure all important documents and payments are correct and sent out on time.
- Payroll reporting. If you partner with a provider, you’ll be able to view detailed payroll reports at the click of a button. You’ll also gain access to software that will allow you to input important payroll information and send it off to be processed.
- Compliance. One of the most important responsibilities of a payroll department is to keep up with federal and state business regulations. When compliance errors are made, the government often responds with hefty fines and penalties. A small business payroll company will be able to make sure your organization is operating within the boundaries of the law.
We’ll Help You Find the Right Small Business Payroll Provider for Your Nashville Company
Our job is to find the best possible payroll company for your business. To do this, we’ll need to conduct a detailed assessment of your current payroll department. This will help us determine which tasks you’re having trouble with. Once we know more about the issues you’re having, we’ll be able to find a provider that specializes in the services you’re struggling with.
Once you’ve partnered with a small business payroll company in Nashville, we ask that you keep in touch with us. If you have any issues with your provider’s services, we’ll be able to offer an effective solution. If your new payroll company just isn’t living up to your expectations, we can reevaluate your goals and match you with a new provider that suits you better.
Even the Smallest Companies Can Partner With a Payroll Provider
Having five or less employees does not exclude you from being able to benefit from a payroll partnership. In fact, we’ve worked with a number of companies with single digit workforces, and they’ve gained access to the same perks and services that some of our biggest clients enjoy.
No matter how small your business is, a qualified payroll provider will be able to help you compete with the major players in your industry.
Paying Your Small Business Payroll Company Is Easy and Affordable
At NetPEO, we’ll never charge you for our brokerage fees. That being said, you will have to pay your provider. Luckily, doing so is simple and inexpensive. There are two payment options you can choose from. The first option is paying per employee, per year. With this payment method you can expect to pay between $900 and $1,500 for each employee.
You can also opt to pay a percentage of your overall payroll for each pay period. The percentage usually comes out to be 3% to 10% of your payroll. We’ll discuss your options and the exact costs of your potential providers before you officially partner with one.
You Won’t Have to Worry About Fraudulent Practices With a Payroll Company in Nashville
Many small businesses have been negatively affected by the fraudulent payroll practice known as “scooping.” Scooping occurs when an untrustworthy provider, that works for a percentage of their client’s overall payroll, pockets the difference from tax-deductible employee insurance contributions.
Although scooping is technically legal, it’s extremely dishonest and does nothing but hurt your business. Fortunately, all the small business payroll companies we work with are highly regarded and trusted by all their past and current clients.
You can rest assured that your Nashville small business payroll provider will never engage in scooping or any other unethical practices.
Schedule a Free Consultation Today!
If you think partnering with a small business payroll company in Nashville is right for you, we can begin the matchmaking process right away. Once we’ve found a handful of providers that are guaranteed to meet your small business’s needs, we’ll provide you with a list of their names and prices.
Call us at NetPEO, or fill out a contact form on our website to schedule your free consultation. You’ll also receive a quote for your new provider. Don’t put off getting the expert payroll assistance your organization needs to increase its profitability and compete with major corporations.
