1. Avoid Penalties
According to the IRS, 40 percent of small businesses pay an average penalty of $845 per year for late or incorrect filings and payments. SPHR provides a tax guarantee.
2. Reduce Costs
The direct costs of processing payroll can be greatly reduced by working with a payroll provider. Our clients average a savings of 23% on payroll costs. We offer a flat service fee based on your pay-cycle.
3. Local Service
SPHR is locally owned and headquartered in Mobile, Alabama. Each client is assigned a personal service team that can immediately address an issue. No more waiting on hold for a service representative. No more waiting for delivery from a service center in another state. On Site printing is available for clients outside the immediate delivery area.
4. Confidence
SPHR is a state licensed, locally owned Human Resource Administration Provider. Our staff includes both Certified Payroll Professionals and Licensed Human Resource Professionals.
5. Free Up Free Time
Payroll processing is a time-consuming process. SPHR can free up staff time to pursue more important value-added and revenue-generating activities. Inc. magazine recently identified payroll as the #1 task for small business to outsource, along with most accounting tasks.
6. Avoid Technology Costs
A constant question for small business owners is whether they have the latest version of their payroll software and the most recent tax tables installed on their computer. Using the wrong tax tables can result in stiff penalties. We offer 24/7 online access for reporting and service needs. No more waiting for the office to open to access your information. Also, use of our full service Human Resource Information Software can save thousands.
7. Leverage Outside Payroll & HR Expertise
Most business owners and controllers don't have time to keep up with constantly changing regulations, withholding rates, and government forms. By outsourcing payroll, a small business can take advantage of expertise that was previously available only to big companies.
If your bookkeeper or controller gets a new job, they will walk out the door with their knowledge of the payroll process and how you do it. Using an outside service eliminates that business risk.
9. Confidentiality / Security
By allowing SPHR to handle your payroll administration, you can feel comfortable in knowing that your employee’s information stays private and secure. Our software allows for multiple levels of password protected access for your management and employees.
10. Human Resource Management.
Human Resource Administration and Management in today’s climate of ever-changing laws and regulations is not for the weak. Every business must spend valuable resources on ensuring compliance. Non-compliance is often overlooked when evaluating a company’s financial liability. Do not subject your company to an unnecessary risk of lawsuits, penalties and fines. Our licensed and experienced HR experts will help ensure that your company is current and compliant with Federal and State Labor Laws & Regulations.
No comments:
Post a Comment