The Top 5 Reasons to Select a Cloud-based Payroll Software for Your Small Business
Payday might be your employees’ favorite day, but for your HR department, it can be a reoccurring nightmare. Constantly having to calculate time, attendance, and compensation (not to mention health insurance, 401(k)s, and other complications) all while staying ACA compliant takes a lot of effort. Fortunately, nowadays there is a way to make life a little easier for your HR department: cloud-based payroll software! Complete payroll solutions are available online for a fraction of the cost of traditional in-house payroll services and can save you both time & money in the long run. Of course, some business owners prefer to stick with their pre-existing payroll software and setups, but here are five reasons why making the switch is worth it!
- You Can Access Your Payroll Software From Anywhere
Finally, you can ditch all the excessive paperwork, misplaced reports, and unnecessary trips to the office. Cloud-based complete payroll solutions can be accessed from anywhere, meaning it’s no longer a problem if you’re out of the workplace. Simply open up the payroll software on your laptop, desktop, or favorite mobile device to access all of your information while you’re out and about. If you manage the payroll yourself, portability will definitely give you a huge advantage. If you have a dedicated HR department, they will appreciate the cloud-based payroll software as well. No longer will they have to come in due to unexpected complications; they can manage the payroll from home!
- Online Payroll Services Help Keep All of Your Information Organized
Paperwork by itself can be a hassle, but when it’s mixed with digital records the likelihood of errors and lost paperwork increases. If you’ve ever wondered how to do payroll without all the complications and mismanagement, good news—the answer lies in online payroll services! Payroll software like Uzio seamlessly integrates all of your health insurance, worker’s compensations, and 401(k) information onto one platform so you never have to worry about miscalculations or misplacing paperwork. The software makes sure your company stays ACA compliant, calculating deductions and producing payslips automatically every month! - Complete Payroll Solutions Keep Your Information Safe in the Cloud
The last thing you want to do is lose valuable paperwork. Between upset employees and inaccurate reports, missing paperwork is a problem that compounds over time. Fortunately, cloud-based payroll software automatically backs up your data, meaning you’ll never have to worry about misplacing paperwork again! With a service like Uzio, your information is kept safe and secure in the cloud where you can manage it with ease, and quickly access it alongside your other HR software.
- You Can Cut Costs by Using Online Payroll Software
Costs can quickly add up when your payroll services are done in-house. However, you can easily save money by using payroll software, which automates your payroll, takes care of direct deposits, manages pay raises, tracks time, syncs your 401(k) plans, and more. All of the time-consuming tasks that are currently done by your HR staff can be managed far more efficiently by using complete payroll solutions, saving you in both labor costs and stress. Rather than hiring a bigger staff and spending time teaching them how to do payroll, you can save time (and money) with comprehensive payroll software!
- Cloud-Based Payroll Services Are Friendlier to the Environment
While being eco-friendly may not be the focus of your operations, there’s no doubt that “going green” can help your public image. Many younger consumers place a lot of value on environmentally conscious business practices, so using online payroll services may actually make your business seem more appealing. From a financial standpoint, using online payroll software can cut overhead costs for you, as you’ll no longer have to spend large amounts of money on paper and ink every month.
As you can see, there are many benefits of switching to cloud-based payroll software. Whether you need complete payroll solutions or simply a way to streamline your operations, online payroll software offers a simple solution for when in-house HR payroll services costs outweigh the benefits. Stop constantly teaching new employees how to do payroll, cut down on overhead costs, and jump into the 21st century with cloud-based payroll software from UZIO!
