4 Benefits of Online Payroll Services
Let’s be honest, handling payroll in-house can be a time-consuming grind. And while it might make sense to take care of payroll when funds are tight and employees are few, that often changes. There comes a point for each business when the balance between profits, employees, and time requires calling in some outside help. One way to do so is by relying on an online payroll service like LCAF Payroll. Our online payroll services help streamline the payroll process, making it easier for those in charge of the company’s payroll. Take a look at some more benefits associated with outsourcing your payroll services below:
1. IRS Compliance
IRS compliance requires lots of patience and a detail-oriented mind. This is not only because IRS rules and regulations are varied and complex but because they change on a seemingly yearly basis. With an online payroll service like LCAF Payroll, IRS compliance is updated regularly to comply with IRS laws, so you never have to worry it. On your end, all it takes is a click of the mouse and you’re done.
2. Higher Efficiency
Online payroll services eliminate the need to input, export, or calculate payroll data. At LCAF Payroll, we cut checks, oversee direct deposits, and even file necessary forms with the IRS. This simplifies the process and saves plenty of time on your end.
3. Greater Accuracy
Here’s the truth about human error: when relying upon human time-keeping or input methods, human calculating, and human distribution, you will sometimes have human error. LCAF Payroll automates these services, which means you can rest easy knowing the correct wages are going to the correct employees at the correct times.
4. Access to Employee Data
With an online payroll service, your employee will have easy access to their payroll data and history. This access takes the burden off your Human Resources team from pulling and printing documents for employees and instead allows each employee to have quick and easy access to their data.
From guaranteed IRS compliance to greater payroll efficiency, hiring an online payroll service like LCAF Payroll might be the right choice for your business. To learn more about LCAF Payroll and our automated services, contact us today.