As the word defines, payroll is the total amount the company pays its employees in a particular period. It is essential for any business to timely and accurately delivers to 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 leave adjustments and reimbursements. And this has to be done while also keeping in mind compliance with tax and other statutory regulations.
Due to a lack of time and knowledge, businesses sometimes pay the wrong amounts, leading to employee dissatisfaction and penalties from the government. 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. Experts best handle these tasks, and thus the need to hire the services of payroll management solutions provider arises.
A straightforward way to tackle all these issues is to hire payroll service providers who can proficiently handle your payroll. Payroll management services greatly 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. 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, whether manual or computerized. Chances of error are pretty high if payroll is processed fast-tracking without attention to detail.
One should be aware of all existing laws and legislations while keeping oneself updated with changes. 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 commissions, or even fake insurance claims can impact your organization and lead to high costs. Also, these affect your organization's reputation.
Most organizations do not have a team or a person dedicated to payroll processing. Thus, the finance department handles the payroll responsibility, 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
Whiz Consulting offers you highly efficient and accurate service customized for your specific requirement as a payroll outsourcing company.
Payroll data entry and payroll data processing
Calculating the exact amount due to employees after withholding taxes
On-time payslip generation and emailing
Recordkeeping and administration
Preparation of state and federal returns
Annual, quarterly and monthly returns on a state-wide basis
We set up a system according to your chosen schedule, and then we prepare a calendar with relevant dates.
Essential data and timesheets are shared through email or cloud storage services like Dropbox or Google Drive.
Based on the information provided by you, we calculate gross pay, deductions, net pay, superannuation, etc.
We process all employee payments through a batch file which is sent to the bank for upload.
We constantly review the activities, 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 of 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 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. We offer a cost-effective way to remove the payroll burden by delivering a time-saving alternative to internal payroll processing services. We have experience in using software like Gusto and integrating the same with your choice's cloud-based accounting software.
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 must be accurate. And these are best left in the hands of experts.
Hiring a proficient payroll outsourcing company can do wonders for your business. With experience 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. We have been providing payroll and bookkeeping services for a long time and have the requisite skill to conduct payroll and bookkeeping tasks.
