It’s summer and depending on your staffing business, you’re either overheated or in a downtime. Either way, it depends on cycles. And either situation that you are dealing with…up or down…payroll processing can help you either manage or upgrade.
Making sure that your contractors’ paychecks are correct and on time keeps them happy. And trust us, low morale from your associates leads directly to poor performance and low morale.
You’re are not alone, if it makes you feel better.
At least 33 percent of businesses make payroll mistakes, according to a recent survey by the IRS.
Payroll processing is much more in-depth than just printing paychecks. Time-sensitive filings, an in-depth understanding of state and federal tax requirements, and efficient and accurate updates are mandatory…and that goes as a multiplier for those of you who want to expand into different states.
Put simply, payroll tasks are very time-consuming for a staffing firm. It can lead to fractured relationships and distract you from the growth and success you need. You need to eliminate distractions, and as an owner or manager, you may want to consider outsourcing payroll.
At Madison, we offer not only payroll processing, but funding as well, but also full back office management, and front office technology. With our help, you’ll make sure to bill your clients and pay your associates on time. You’ll find that you get to burnish your image as a professional company, but so much more: You’ll have room to grow, and in down times, you can keep contact with your bench through our ATS.
Are you looking for flexible funding options?
Whether you’re in the summer doldrums or the summer heat in terms of hiring, payroll processing can help you become more efficient and boost your business. Contact us today for advice, from our veteran staffing team, and see how we may help you.