Payroll compliance is an essential but complex aspect of all business operations. An overview of the payroll processing options available to US firms and organizations.

An overview of the payroll processing options available to US firms and organizations.

Payroll compliance is an essential but complex aspect of all business operations. This information below provides an overview of the payroll processing options available to US firms and organizations.

Payroll Companies in the United States

Many US-based firms decide to outsource their payroll services. Outsourcing is a good option for businesses that do not have the resources or human capital needed to create an in-house payroll department, but also for companies that generate a high sales volume. It is generally agreed that firms whose annual sales exceed $1 million can benefit from outsourcing their payroll department.

In the United States, outsourced payroll services (also known as managed payroll solutions) can be classified into three types:

In addition, full-service payroll management providers offer a comprehensive range of services that is not only limited to payroll procession, but also include human resources management.

Choosing a reputable payroll specialist is as important as choosing the right type of payroll company, since every year the IRS issues fines worth billions of dollars. This is why firms are advised to choose a company that can offer certified payroll services, as this is a way of ensuring that payroll procession operations will be fully compliant with the laws and regulations imposed by each state. Recommended payroll service providers include:

Other Payroll Solutions

Online Payroll Options
Over the past decade, new technologies have enabled the growth of effective online payroll platforms, which include both cloud-based and traditional software solutions. These online payroll options are mostly preferred by small and medium-sized businesses, although their features and sophistication levels are constantly improving and therefore making them an option for larger companies too.

Business owners who are considering using this type of payroll solution should pay special attention to things like the following:

Recommended online and payroll software solutions include: