When we think of outsourcing certain facets of our HR responsibilities to an outside firm, the first task that typically springs to mind for small business owners is payroll. For some companies, handing off these duties to a company that only focuses on this task is perfect, but a Professional Employer Organization (PEO) can do your payroll and so much more…
You see, when a PEO like Abel HR comes on board with your company, the first order of business is to set you up with our specialized HR information system (HRIS). While a payroll company will also set you up with a similar system, the Abel HR system usually blows them out of the water with its added features. It serves as one central housing spot for all of your HR functions, not just your payroll, so you can pull details about staff demographics, trends, and any manner of other data points to help guide your short-term business decisions and long term corporate trajectory.
With this system, on Abel’s end, we can keep track of your employee’s paid time off (PTO), sick, and vacation time so that your payroll accurately reflects time spent on the job. Further, our system allows us to quickly identify and process any liens or garnishments on wages that your employees may have and ensure that everyone is being paid accurately and in accordance with the law.
When it comes to actually processing the payroll, we actually cut the checks in-house at Abel, with our team of payroll reps double and triple checking the figures for accuracy. They even handle the distribution of the paychecks and keep tabs on which of your employees prefers a paper check and which have signed up for direct deposit. Further, they will jump through hoops to make sure that your employees get paid accurately and on time, no matter the occasion.
But let’s touch on that accuracy for a minute. We here at Abel HR are so committed to ensuring that your employees are paid the right amount, at the right time, that we guarantee it! At Abel HR, we run our payroll, and then we pass it along to be certified by a CPA firm to be extra confident that your payroll was run free of errors. In return, you will get a letter stating that everyone has been paid accurately and that the appropriate taxes were paid to the appropriate agencies at the appropriate time.
When it comes to those tricky tax periods, you’ll really be thankful you’ve partnered with a PEO. Rather than slogging through the books and chasing employee’s down for the information you need for your filings; we’ll handle it all. From preparing and distributing W-2’s to ensuring that your quarterly and year-end state and federal deposits and filings are up to snuff, we’ve got you covered and should the internal revenue service (IRS) ever come sniffing around with a question, we’ll have your back again and will use the HRIS to generate all of the files necessary to close the case, quickly and efficiently.
Here at Abel, we always say that one of our main jobs is to “take the pain out of payroll,” and we think that you’ll find that this is the case if you sign up for our services.
To learn more about what Abel HR can do for you, give us a call at 609.860.0400