Do your staff members give out a collective groan whenever they realize it’s time for payroll? Unfortunately, many business owners feel like payroll is one of the most tedious things they have to do. There are a lot of documents to manage, and all of the numbers have to come out right.
If you are looking for ways to make the payroll process go smoother, here are three tips that can help you achieve this goal:
- Keep Employee Records Updated – Whether you have five employees or fifty, one of the most important things you can do for payroll is have accurate employee records. Keeping your employee records up to date could be as simple as making sure all of their addresses are correct. If you’ve had a changeover in employment, remove the old files and add new ones to ensure that everyone gets paid correctly.
- Make Your Data Digital – You might be surprised to learn how many businesses still do their payroll by hand. Making your information digital can go a long way towards fast-tracking the payroll process and creating more time to do other important tasks. Whether you choose to use spreadsheets or decide to invest in a payroll platform, you’ll see a big difference when you choose to go digital for payroll processing.
- Choose the Right Technology – Part of making payroll easier isn’t just for the HR employee who is crunching the numbers. Creating a user-friendly experience for employees can also be an important part of improving your payroll process. For example, if you choose the right technology, you can give employees access to their check stubs and other work-related documents all in one place.
If you’re looking for payroll solutions for your business, contact us at the office of Brad R. Smith, CPA PC. We can offer payroll and tax services that ensure your business and employees are well taken care of. We look forward to working with you!