Technology Tools Help Streamline Payroll Process
Time Savings Reduce Costs
Today’s technology has made payroll preparation, which used to be a long and tedious process, much easier and less time-consuming. New tools enable company payroll managers to easily process payroll. Either by direct entry into a website or simply uploading a spreadsheet through an online portal, with this technology, even a fairly large company can have its payroll done in less than half an hour.
Such a system may provide a welcome alternative for companies that still manage their payroll on the desktop version of popular accounting platforms, in part because it is becoming more of a challenge to get technical support from the platform providers.
If your company is looking for an alternative, this may be the time to migrate to a platform that enables you to streamline data input and access immediate support when needed.
Save Time & Improve Accuracy with Self-Input of Payroll Data
The Adams Brown Payroll solution allows you to input the payroll data yourself, saving time and improving accuracy. When your payroll manager enters the data, they control the process from beginning to end, enabling them to review the data to ensure it is correct before it is submitted for payment. Clients see a decrease in mistakes with this system because they control the process from beginning to end. They can review the payroll register to see exactly what they are paying their employees.
After initial setup, the platform applies the correct deductions for income taxes, payroll taxes, Medicare taxes, health insurance premiums and more. All you need to know is your employees’ hours.
Time Savings Equals Cost Effectiveness
Our payroll solution is priced to match most national providers, with the added benefit of having the Adams Brown Payroll team based locally for immediate support from a professional who is familiar with all payroll rules, deductions and other matters.
Since the platform is internet-based, payroll managers have 24/7 access to their data. Moreover, the system offers more than 75 reports that can be downloaded to Excel for easy reference. Some of the most downloaded reports include:
- Payroll register with hours, totals and bonuses
- Monthly, quarterly or yearly payroll reports filtered by employee, department or other classifications
- Weekly, monthly, quarterly or yearly overtime reports
- IRA and 401(k) data
- Health insurance deductions
Transitioning to a New Payroll Platform
The transition to our payroll platform typically takes around four weeks. During that time, we will assist you in gathering data from your existing system and uploading it to the payroll platform. This is best done at the end of a month, quarter or year to ensure a clean cutoff while working around your schedule and business needs.
Streamline Your Payroll Today
Technology tools can help companies streamline and save money on their payroll preparation.
If you would like to discuss your payroll needs, contact an Adams Brown advisor.
