The task of choosing a payroll service
provider for your company can be quite daunting and cumbersome. You may not
know where to start and what to look for. But the mere thought of having to do
payroll in-house while keeping track of the hundreds of regulatory changes that
occur every year, can give a headache. Payroll outsourcing can save you time and
money plus all the hassles that come with it.
Although if you are a Pune based company and
are looking for a local payroll service provider, you will know that there are
hundreds of vendors available in the market. It can get tricky to determine
which is the best
payroll service provider and is most suited for your company.
How to select the best payroll service for
your small business:
Cost of the service
Cost of the service is very important. It can
de to understand what services are included in the price you’ve been given and
what features are extra. It’s good to compare price, but remember that the
cheapest option isn’t necessarily going to be the best one. In the end, the
cheaper option may end up costing you more if you don’t get what you were
As a business owner, you know that payroll is
an important part of doing business. Choosing the right provider, for the right
reasons, will help make the process as streamlined as possible.
How is the security?
When you hire a payroll provider, make sure
you hire someone you trust with the sensitive data involved in handling payroll
and taxes. Look for an established payroll company with a strong history,
client testimonials and a solid reputation. Do your research online before
making a commitment. Read reviews online and ask for recommendations within the
business community. It’s common for businesses to give referrals, especially if
they’ve had a great experience with their payroll providers.
What other options and features do
Ensure that the provider uses software that’s
capable of delivering all of the services you desire. Find out what basic
features the software offers as well as additional features that are available.
As a small business, you may not need as many options as a larger business, but
it’s still important to know what’s available. To streamline payroll and
employee time tracking, you need a payroll provider that can ensure accuracies
and quickly remedy discrepancies.
How much experience do they have?
Experienced service providers typically cover
many payroll needs such as web-based and traditional payroll processing, time and attendance
solutions, leave management. They are able to customize their services to work
with your business to fit your exact needs. Also, find out whether they have
worked with a business in your industry before. It will make you confident that
the service provider is ready for the specific challenges of your industry.
How is their customer service?
Some processes need help more often than
others so there is constant need of regular communicate with your payroll
provider. Your service provider should offer strong and reliable customer
service. In case of problems, you need to talk with someone who has a real
understanding of your business and its issues and not any random sales
representative. Your payroll service
provider should be able to offer support each day. Some do it only when your
payroll is processed. You may have questions on other days as well that surely
need timely attention from the right support personnel.