Payroll Challenges and Solutions for Small Businesses

  • Live Easy
  • Tagged , , , , Leave a comment
  • September 14, 2016
  • Payroll at times can be a tedious process especially for small businesses with limited resources. Payroll outsourcing can prove to be a great solution to overcome challenges associated with Payroll Processing.  For small business owners it is important that they have control over every aspect of their business, which includes payroll. However, not everything can be managed single-handedly or it may shift your focus to activities that hinder the growth of your business though being important.

    Payroll is one such function of a business, which not only brings with it many challenges but if not handled properly also brings in penalties. For this reason, payroll outsourcing for small businesses can prove to be highly advantageous.…

    How Small Businesses Can Fight Payroll Fraud

  • Nonprofit Payroll
  • Tagged , , , , , , , Leave a comment
  • May 9, 2016
  • Don’t imagine it any other way. Payroll Fraud is genuine as noted by Payroll services Australia. As per the Association of Certified Fraud Examiners, it is the main wellspring of accounting fraud and representative burglary. Look at these insights:  Payroll Fraud happens in 27 percent of all small business.

    Payroll fraud happens about twice as frequently (14.2 percent) in little associations with under 100 workers than in substantial ones (7.6 percent).  The normal occurrence of payroll fraud keeps going around 36 months. That is three years of paying phantom workers or overpaying existing ones.

    Avoid payroll fraud: Set up controls

    Payroll fraud is not preventable, but rather is catchable.…

    Payroll services Australia, the right option for all

  • Nonprofit Payroll
  • Tagged , , , , , Leave a comment
  • November 27, 2015
  • Focus on your business – let HR and the payroll service with the professionals that really understand about the subject. When you have a specific section of your company dedicated to payroll chances are you will not the best results – and the worst, you will spend much more than if you chose to do Payroll outsourcing.

    The real – and worth – advantages of Payroll outsourcing

    When you decide for Payroll outsourcing you are not spending more money and looking for trouble, in fact it is the other way around since you will have a real team of payroll professionals dedicated to your company. The issues you will have are reduced considerably since you will not have to train or even check on the progress of the workers.…

    Payroll 101 for start-up businesses

  • Nonprofit Payroll
  • Tagged , , , , , Leave a comment
  • June 12, 2015
  • Starting up a new business will probably be one of the biggest steps you undertake in your life. It is a time when you will be faced with more work than you could ever imagine and in amongst this will be payroll. It is essential that you have a good grip on this; after all labor costs will make up a large part of your expenses. It is also essential to maintain accurate records and keep your documents in order. And most importantly you must pay everybody on time and without delay. Payroll outsourcing is one way in which you can ensure this is done and save yourself time for more important tasks.…

    How to avoid Payroll Fraud?

  • Live Easy
  • Tagged , , Leave a comment
  • May 27, 2015
  • How to avoid Payroll Fraud

    Payroll fraud is a very common practice that happens in about 36% of businesses, whether you are using a payroll service or not. It can take as long as five years to be caught and once it is, it is usually very difficult to reverse the damage already inflicted on the business and all the money that was lost and taken away. This is why it is very important to actually monitor payrolls this site can help you to ensure that there is no money being spent wrongly. Knowing that it is very common and perhaps unavoidable what are the ways to avoid payroll frauds.…