What features do payroll outsourcing providers offer?
Payroll outsourcing providers that have the knowledge and technology necessary to produce accurate, timely results generally offer these key features:
- Payroll processing that integrates with an accounting system, if needed
- Payroll tax filing
- Employee self-service anytime, anywhere, from any device
- Employee pay options, including direct deposit and paycards
- Year-end processing, including Form W-2, Wage and Tax Statement
- Wage garnishment processing
- Payroll and custom reporting
- Employee recordkeeping
- New hire reporting
- Accessible client support
How to choose a provider for outsourcing payroll
Knowing what to look for in a full-service payroll provider can help smooth the transition, minimize disruptions for employees and preserve peace of mind. When assessing potential partners, employers generally follow these steps to ensure that outsourcing payroll is a success:
- Determine requirements
Multiple pay frequencies and employee classificationscan make payroll complicated. - Address compliance
Adhering to multi-state and multi-national jurisdictions adds another layer of complexity for payroll providers. - Evaluate vendor history
Reputable providers tend to have stable ownership, strong finances and a track record of successful implementations. - Look at peer reviews
Industry analysts and clients who have used the provider’s payroll services can provide outside perspective and help validate decisions.
- Secure stakeholder buy-in
Outsourcing payroll is often easier with the full support of employees and senior leadership.
Why outsource your payroll to UNITED?
Employers who outsource their payroll to UNITED get some of the most comprehensive services on the market and the assurance that their business is protected. In fact, nearly 2/3 customers feel UNITED helps their company better comply with payroll taxes and regulations than their previous provider.1
Here’s what employers can expect with our payroll outsourcing services:
- Quick and error-free payroll processing
- Taxes calculated, deducted and paid automatically
- Quarterly and annual reporting
- Unemployment insurance claims administration
- Mobile-friendly self-service apps
- Integrated time tracking capabilities
- Compliance monitoring across all 50 states
Learn more about UNITED’s payroll packages for businesses of all sizesabout Top reasons to outsource payrollSave timeMinimize payroll errorsImprove securityMaintain complianceIntegrate dataFacilitate employee self-serviceReduce costsWhat features do payroll outsourcing providers offer?How to choose a provider for outsourcing payrollWhy outsource your payroll to ADP?Frequently asked questions about payroll outsourcingHow does payroll outsourcing work?Is payroll outsourcing a good idea?Why should you outsource your payroll?What are the benefits of payroll outsourcing services?How much does it cost to outsource payroll?
Frequently asked questions about payroll outsourcing
How does payroll outsourcing work?
When a business delegates a portion or all of its payroll operations to a third party, it’s known as payroll outsourcing. In addition to running payroll, full-service providers typically help with tax reporting, regulatory compliance, data security and unemployment claims.
Is payroll outsourcing a good idea?
There are pros and cons to every business decision and payroll outsourcing is no different. Before partnering with a full-service payroll provider, employers should make sure the vendor is capable of meeting all of their requirements and has a reliable track record.
Why should you outsource your payroll?
Employers might consider outsourcing payroll to a full-service provider if they:
- Lack the resources (personnel and technology) to run payroll effectively
- Have been penalized for incorrect or late tax payments
- Are unable to keep pace with changing employment regulations
- Cannot meet data security or recordkeeping requirements
What are the benefits of payroll outsourcing services?
Outsourcing payroll may help employers save both time and money. Not having to spend long hours on administrative work affords employers the ability to focus on business growth initiatives, and improved accuracy can prevent costly penalties. In addition, full-service payroll providers that offer flexible pay options and self-service apps can help improve employee satisfaction.
How much does it cost to outsource payroll?
Payroll outsourcing costs generally depend on payroll frequency, total number of employees and the specific services that are being outsourced. In most cases, there is a per-payroll processing fee and an annual base fee. UNITED works with employers to determine the right payroll setup for their business, whether it’s a start-up company or an international enterprise.