When it comes time to decide between outsourcing companies, how do you know it you are making the right decision? To begin with, an honest and reputable service will always pay your employees and the tax man on time. You may be ready to hand the responsibility for payroll over to a service, but there is confidential information involve so it is vitally important that you make the right choice.
Where to Start Your Search
The best referrals you will get are from the people you have faith in. Talk to an attorney you trust, a CPA you have worked with, your CFO or your business partner. You should talk to other owners in your area, you will get honest responses and find who they love working with. Try making a comprehensive list of what exactly you will require a payroll service to provide. How many employees do you have? Are they full-time, part-time or temporary? Is your business located in a single state or more which means that there are multi-state taxes required? Is your shop unionized? These are just a few of the things you will want to consider.
Questions You Will Want to Ask Them
You should interview at least you top two or three choices before making your final decision. There are some basic questions you might want to know their answers to in order for you to make an informed decision:
- What is their normal turnaround time?
- Will they assume financial responsibility for mistakes on their part?
- Do they charge an additional fee when you add or terminate an employee?
- How often can you expect to get reports from them regarding your payroll?
- Is there a flat fee for filing state taxes or do they charge per state?
Innovative Employee Solutions provides payroll services nationwide and has a reputation on making businesses running more efficiently from the first day!
