Why Outsource Payroll?
When it comes to payroll, you have two choices: do it yourself or outsource the work to a payroll services provider.
If you decide to handle payroll internally, your business is vulnerable to every possible payroll violation that could happen across state, city and county lines. You must stay on top of the latest rules and regulations within all taxing jurisdictions where you do business — a daunting task for any company, especially those that send workers to several cities and states. Just because you didn’t know a taxing regulation changed won’t absolve you from paying the consequences. Additionally, if a number of years pass between the time a mistake was made and the time it’s discovered by the IRS or other taxing authority, you’re still responsible for all the penalties and interest accrued in that period. These penalties and fees could cost significantly more than the amount of the original error.
VenSure Employer Service’s Payroll Administration Service
- Prepare, file and pay your payroll taxes
- Issue payroll checks/direct deposits
- Provide unlimited reports
- Issue annual W-2s
- Administer unemployment claims
- File new hire reports
- Process garnishments and maintain compliance
- Track PTO and sick/vacation time
VenSure Employer Service’s HRP Web
- Secure 24/7 online access to payroll and human resource data
- Customizable security settings by user
- Real-time updates to payroll and human resource data
- User friendly payroll entry
- Online payroll approval processing
- Manual batch creation for checks needed between normal payroll processing
- Current and historical data available for insurance, 401k and PTO benefits
- Access to payroll, human resources, and census reports as well as invoices
- Employee appraisal reviews, goal setting and disciplinary action
- Employee access to personal historical payroll information
- Memo capabilities to employees with online access
Employees Enjoy Secure Access
- Employment profile
- Printable check stubs
- Printable W-2s
- Earnings and deductions details
- Direct deposit information
- Tax withholdings elections and year-to-date totals
- Benefit plan selections
- Paid leave status and activity