The small business payroll process is often tedious and complicated. You get it done because payday commitments won’t wait. If you want a more flexible solution, an Ohio small business payroll company will perform your essential payroll tasks, freeing you to spend more time growing your business.
As a small-to-medium-sized business, we at NetPEO understand that you probably don’t have the budget for a full-time payroll administrator. We’ve created a payroll outsourcing solution that gives you big business payroll benefits for a cost that fits your small business budget. We’ll connect you with a team that will discuss your payroll operations, learn your requirements, and develop a cost-efficient plan that meets your company’s specific needs.
Learn more about our flexible small business payroll services and other flexible business solutions.
An Ohio Small Business Payroll Company Helps You Keep Your Commitments
As a small-to-medium business owner, you address a long list of personal and professional commitments each day. You are obligated to comply with a complex network of state, federal, and municipal regulations and pay penalties if you miss a deadline or make a mistake. These commitments sometimes take time away from running your business the way you want to, so it’s essential to have reliable options.
We understand that governmental compliance is essential to keeping your business on track. We connect you with vetted payroll professionals who have extensive knowledge and experience with governmental guidelines and regulatory standards. They understand your needs, meet your deadlines, and provide comprehensive answers when you need them most.
Employees Expect Their Paychecks and More
When employees show up on payday, they don’t want to encounter wage-rate errors, data-entry issues, or check-printing delays. They expect to receive a paycheck or a confirmed direct deposit. You need to resolve any complications and produce timely wages or risk an employee backlash on payday.
Employees also trust you to make regular FICA and Internal Revenue deposits on their behalf. Before the income tax filing deadline, they expect a W-2 that accurately confirms their wages and deductions. They also require sick pay, vacation pay, severance pay, and other entitlements based on laws, regulations, or written and unwritten agreements.
Cities, States, and Municipalities Expect Regulatory Compliance
Your payroll activities receive the most attention on payday as a back-office function. Yet the tasks you perform each day quietly track your company’s compliance with federal, state, and municipal expectations. Government regulations specify that your payroll accurately reflects required employee pay and deductions with corresponding deposits based on statutes, regulations, and guidelines.
Our professionals realize that these tasks are the tip of the payroll-responsibility iceberg as employment professionals. When you run a small business, accomplishing compliance without assistance requires an exceptional commitment. Our small business payroll professionals understand this, so we’re dedicated to keeping these and other commitments on your behalf.
You Expect an Uncomplicated Disaster Recovery
If a tornado, fire, or other catastrophe devastates your business, you will still have commitments to keep. When you outsource your work to an Ohio small business payroll company, you create an automatic disaster backup plan. As your payroll professionals store, maintain, and manage your records remotely, they continue meeting your payroll responsibilities while you work to get your business up and running.
What Can a Small Business Payroll Company Do for Your Business?
Ohio small business payroll company professionals are skilled at managing company payrolls. They begin by consulting with your company and setting up an operational payroll system that meets your specifications. They implement your payroll operations conscientiously, the way you would handle them if you had professional training and a lot more time.
When you outsource your payroll, you don’t have to make space for a payroll department or spend money on office furnishings, computers, or phones. An Ohio small business payroll company works from its own location. Their professionals manage your company’s payroll data from a secure cloud platform, using advanced technology for a faster, more efficient performance.
Payroll professionals follow standards and guidelines when managing your important payroll tasks:
- Process employee’s electronic time submissions
- Securely maintain employee personnel data
- Calculate pay based on wages, hours, rates, sick pay, vacation pay, and overtime
- Process direct deposits and contractor and freelancer payments
- Issue company-branded checks
- Deduct employee tax withholding
- Complete IRS reporting and required withholding deposits
- Social security/FICA deductions
- Issue severance pay and collect COBRA payments
- Provide unemployment claim documentation
- Deduct legally authorized wage attachments
- Process payments for union dues
- Issue employee W-2, freelancer 1099, and contractor forms when required
- Provide ERISA-covered plan details
- Process retirement plan deductions
Until you examine your list of payroll responsibilities, you might not realize how many there are or the time commitment involved. When you’re ready for help, an Ohio small business payroll company can begin managing these and other challenging payroll tasks.
Customized Payroll Solutions that Meet Your Company’s Needs
If you’re spending an excessive amount of time calculating wage rates and documenting gross pay, we can customize a flexible payroll solution that rescues you from late-night data input. Our primary purpose is to provide the services you need to keep your business running the way you want.
Our Ohio small business payroll professionals can run your entire payroll process or create a hybrid system. You can opt to retain some functions in-house or delegate all your payroll duties to a team of skilled professionals. During our initial consultation, we provide the information you need and guide you through the decision-making process.
Contact NetPEO for More Information
When you started your business, you probably thought that managing your company’s payroll would be a brief undertaking. If you find you are still spending a great deal of time managing your payroll and performing other back-office tasks, we want to help. We’ll explain more about our innovative payroll solutions when you contact us.
When you leave a message on our contact page, we’ll schedule a free consultation to discuss your small business payroll needs and explain how we can assist you.