As the word defines, payroll is the total amount the company pays to its employees in a particular period. It is essential for any business to timely and accurately delivers all its employees, which often turns out to be a tiresome task. One needs to manage the different pay structures of each employee while also making sure about other factors such as leaves adjustments and reimbursements. And this has to be done while also keeping in mind compliance with tax and other statutory regulations.
Payroll is a particularly time-consuming activity, from mapping timesheets to preparing employee payslips, salary disbursement, withholding income taxes from employee salary, social security and Medicare contribution and so forth. These tasks are best handled by experts. Due to a lack of time and knowledge, businesses sometimes pay wrong amounts, leading to employee dissatisfaction and penalties from the government.
A straightforward way to tackle all these issues is to hire payroll service providers who can handle your payroll with proficiency. Payroll management services are a great way to enhance your productivity while ensuring your payroll is processed without hindrance. Whiz Consulting is one of the top payroll outsourcing companies in the United States (US) that can help you tackle your business payroll process. We provide payroll processing outsourcing, which is cost-effective, efficient and timely accurate. With our payroll management services, you no longer have to worry about employee dissatisfaction or government penalty.
Processing payroll is a time consuming, tiresome process, be it manual or computerized. Chances of error are quite high if payroll is processed by fast-tracking without paying attention to details.
One should be aware of all existing laws and legislations while keeping oneself updated with any changes in the same. Inability to comply with any statutory or tax regulation can make you face penalties or a fine.
With manual or computerized payroll processing, personnel must record and maintain a high volume of information, thus raising the chances of inaccuracy.
Payroll fraud like ghost employees, falsified wages and commission, or even fake insurance claims can impact your organization and lead to incurring a high cost. Also, these affect your organization's reputation.
Most organizations do not have a team or a person dedicated to just Payroll Processing. Thus, the responsibility is handled by the Finance department, which hampers their efficiency.
Payroll processing is also quite costly as one needs to invest in payroll software and human resources. The absence of either one will reduce overall payroll processing efficiency.
As a payroll outsourcing company, Whiz Consulting offers you highly efficient and accurate service customized for your specific requirement.
Payroll data entry and payroll data processing
Calculating the exact amount due to employees after withholding taxes
On-time payslip generation and emailing
Record keeping & administration
Preparation of state and federal returns
Annual, quarterly and monthly returns on a state-wide basis
We set up a system according to the schedule chosen by you, and then we prepare a calendar with relevant dates.
Essential data and timesheets are shared through email or via cloud storage services like Dropbox or Google Drive.
Based on inputs received from you, we calculate gross pay, deductions, net pay, superannuation and so forth.
We process all employee payments through a batch file which is sent to the Bank for upload.
We review the activities at constant intervals, ask for your feedback and make revisions wherever required.
Outsource your payroll to the highly trained team at Whiz Consulting and obtain dozens of benefits like other businesses. We process over a thousand payslips every month, and thus you can be assured that you are paying accurately in compliance with the government norms. Few more benefits from our outsourced payroll solutions are –
Increased confidence in the accuracy of payrollCustomized to the need of the client’s requirementsImproved efficiency of payroll systems, controls, and processesAssurance that employees will be paid correctly, on time, every timeAssurance for the confidentiality of sensitive payroll informationDecade long experience for all sizes of businesses in the USAConfidence that your payroll is compliant with legislation across multiple jurisdictions
We at Whiz Consulting are dedicated to providing the best payroll outsourcing services in the US. We offer a cost-effective way to take away the payroll burden by providing a time-saving alternative to internal payroll processing services. For a business, it is essential to understand the process of payroll. One must take care of numerous things like pay calculation, reimbursement, deduction, payslip generation, amount to be withheld for federal and states income tax, social security and Medicare contribution amount, payment of tax, and tax return preparation. And also, there are essential documents like Employer Identification Number (EIN) and other relevant employee tax information like W-4, I-9, W-2 or 1099s that has to be accurate. And these are best left in the hands of experts.
We have experts who are very well acquainted with payroll processing in the US and have provided payroll services in New York, Texas, California and other parts of the US. With the experience of processing payroll for small businesses to large businesses and experts who are very well acquainted with US payroll processing, Whiz Consulting is your go-to payroll service provider.
