Payroll is a critical business function, but challenging to manage, even if you have dedicated staff and tools devoted to the function. However, there are enormous risks of running payroll in-house. The slightest miscalculation or tax filing omission can have serious financial repercussions.
Payroll Services from Sihle Insurance can eliminate the headaches, risks, and expenses of managing payroll in-house. Our services are offered a la carte so you can choose only the services you need help with and manage the rest on your own.
The Benefits of Outsourced Payroll Functions
Payroll is a complex function with constant changes and updates, even some at the last minute. And there is sometimes a sense that wage and payroll data must remain within the organization. These are two of the biggest arguments businesses sometimes make against outsourcing the payroll service. However, the benefits of outsourced payroll services far outweigh any potential drawbacks.
- Expertise. Payroll Services specializes in the management of payroll for all types and sizes of organizations. This gives Payroll Services from Sihle a level of experience and expertise that cannot be replicated within your own organization. Payroll Services minimizes the chances of missing deadlines, filings or making tax payments, and are is capable of quickly responding to changes or mistakes when they do occur.
- Time-Savings. Outsourced payroll streamlines business operations. Once a company looks at how much time is spent managing payroll in-house, they are often surprised. The time spent managing payroll takes away from other functions that could be producing revenue or reducing the work load in other areas of accounting.
- Cost-Effective. Not only is outsourcing payroll less expensive than hiring dedicated staff and the systems needed to manage it, it will save you from paying the fines and penalties that you could incur if mistakes are made by lessening the chances of those mistakes happening in the first place.
Payroll Solutions From Sihle Insurance
Sihle Insurance has made it easy to outsource your payroll function and we do it with the same level of customer service you’ve come to expect from us. Our Payroll Services and Solutions include:
- Input by Web, Fax, or Phone Appointment
- Guaranteed Error Free Tax Service
- Online Payroll Management
- Online Electronic Reports
- Direct Deposit
- Check Signing and Check Sealing
- Vacation & Sick Accrual Tracking
- New Hire Reporting and Garnishment Processing
- Custom Reporting
- Employee Self Service
- Employee Screening Services
Pay-As-You-Go Workers’ Compensation Insurance
Take the guesswork out of your workers comp insurance premiums with Pay As You Go services from Sihle Insurance. Premiums are calculated based on actual payrolls, not estimates.
Highlights and benefits of our Pay As You Go Workers’ Comp Insurance program:
- Elimination of premium down payments
- Minimizes audit adjustment
- No checks to write
- No monthly billing or finance fees
- Improve cash flow
- Ease administrative burden
Contact Sihle Insurance at 1-800-728-0988 to learn more about our Payroll and Pay-As-You-Go Workers’ Compensation solutions.