Payroll pros give insight on W-2 & check processing
Payroll is an important process for any business, and it’s critical for checks to be calculated correctly and the right taxes withheld and paid for every single pay period.
While processing accurate paychecks is a very important task for a business, it doesn’t help its bottom line. In many cases, business owners or people who are delegated to oversee check processing in an organization get so bogged down in payroll tasks, they are unable to focus on business development, training employees, meeting clients or other activities which drive the business forward.
In this situation, a business can reap significant benefits from bringing in a professional provider of payroll services. This partner can use their experience, software and resources to ensure each check is correct, the appropriate records are kept and most importantly, give the business back time they need to elevate their products and services.
Our company is proud to partner with businesses in Pleasanton, the Bay Area and beyond to provide expert-level services in payroll, human resources, worker’s comp and other administrative tasks. Today, we’ll give some insight into our check and W-2 processing services and how they can possibly help your business as well.
Check processing goes far beyond filling out and signing checks for modern businesses. We offer a full-service solution where we can be an integrated partner with your organization and process payments via check or direct deposit.
Our clients who enjoy the smoothest check processing use our time and attendance software as well. In this scenario, your employee’s time is calculated and our system has their tax info on file so we can deduct the appropriate amounts, deposit their check and pay the revenue services without you having to lift a finger.
Using our check processing services also ensures compliance with all local, state and federal tax laws. Our team prides itself on staying current on all legislation potentially impacting payroll and making the necessary changes when needed.
In addition to compliance and ease of deposits, check processing removes liability for mistakes from your business and puts it on us. Since we have the experience and software needed for processing, mistakes are very rare. When an employee does have a question about their check, our team is happy to assist. This removes the business owner from the issue and can help morale while the issue is addressed.
Some businesses are wary of using a third party to process payroll due to security concerns, which is an understandable concern. However, we have found our services actually offer a higher level of security than processing payroll in house. Using the highest levels of encryption, data is secured on our servers and since we process checks outside your organization, the opportunity for payroll fraud is greatly minimized.
Check and W-2 processing go hand-in-hand for most of our clients. Since we are already processing your payroll, we have the software and tax information needed to quickly process your employees’ tax documents and get them sent out immediately.
If your business is struggling with in-house check processing or you would like to learn more about our services, please feel free to reach out to us at any time for a consultation.
