Cambridge, Massachusetts is one of the most interesting cities in the United States. Home of world-class educational institutions, award-winning restaurants, and an impressive biotech hub, it’s no wonder small businesses choose to call Cambridge home. Despite having a recipe for success when it comes to location, it takes much more to make a local company thrive. This is where managed HR and payroll services can help. Take a look at how these services can protect your company, create effective workflows for you, and simplify even the most complex processes that affect your employees.
Payroll Processing Made Easy
While payroll may seem fairly straightforward, just one mistake can jeopardize your entire business. The IRS is particularly interested in the payroll processes of small businesses because they easily fall victim to complicated payroll and tax laws. Instead of trying to wade through the information alone, rely on the latest technology.
A web-based payroll processing system is ideal for avoiding legal and financial ruin. Online payroll solutions not only allow you to do simple tasks like add and change employee data, they also calculate employee tax and withholding information.
An advanced system like Commonwealth Payroll & HR’s iSolved can file and pay taxes on your behalf, record quarterly and year-end payroll tax returns, and process your direct deposits. Self-service options allow your employees to add and change their own information, always ensuring your company’s data is current and correct.
Managed Payroll Services That Work
Did you know that you technically don’t have to worry about payroll at all? That’s right! No more calculations, no reading through Massachusetts wage laws, and no worrying about how to work a full-time payroll specialist into your budget. The only thing you need is a computer-or even just a phone or fax machine.
With managed payroll services, you just send over your employees’ payroll information to an expert and the rest is taken care of. A dedicated representative does the data entry, processing, and payroll transactions for you. The best benefit of this situation is that it’s not just anybody processing the information – it’s a payroll professional who can answer all your questions and guarantee accuracy and legal compliance.
HR Resources That Build Your Business
Outsourcing HR is one of the smartest things any company can do, especially in Cambridge, MA. With over 100,000 people, most of whom are employed or in the job-seeking market, there is no room for error when it comes to protecting your current employees or finding the right person to join your team in the future.
HR and payroll companies have all the tools necessary to keep track of day-to-day employee information like time off requests, OSHA incidents, and employee job tracking. However, managed HR services can go even further. Consider options like dedicated HR pros, customized job descriptions and employee handbooks, and personalized action plans and audit reviews. HR practices that are unique to your company will set you apart from the competition.
HR and payroll services are key to helping your small business grow. If you are looking for the best payroll service or the right HR company to take your business to the next level, look no further than Commonwealth Payroll & HR. Our experts are protecting businesses, making human resources easy, and helping employers all over the Cambridge area. We would love to speak with you. Call us toll-free at 877-245-1159 today!