It may take more time than you would like to distinguish good payroll software from a system not designed for your business. Some small businesses have an existing payroll program that costs too much or does not do what the business needs. It is possible to get a customizable and affordable payroll solution that is designed for small businesses. You will need to first outline for yourself the payroll features that are essential for your business. Consider next which tools you would simply like to have as part of a program. It is also important to think of the ways in which your current software is falling short with your overall payroll management.
Advanced Micro Solutions Payroll Software is an automated solution and was created with small businesses in mind. Our system operates as an add-on module to a base W-2/1099 Forms Filer program.
Features to Get with Good Payroll Software
There are a lot of moving parts when it comes to choosing the best payroll system. Ask yourself as you go through the process:
Does my payroll software integrate with our other systems? Avoid the hassle of replacing your other software programs when you invest in a new payroll system. Check before you get payroll software to ensure that the new platform will integrate with any of your small business’s existing systems and applications. Getting an all-in-one system may be the solution. That type of system can include accounting software and electronic filing capabilities.
Is the payroll software easy to use? Navigate payroll management with ease. Good payroll software will include built-in processes that are easy to access and maneuver for everyone. A cloud-based program may seem appealing, but there are alternatives. A program that allows small businesses to locally store its data may be more affordable. A desktop program may be more practical as well if your business only operates out of one location.
Is the payroll software compatible with my business’s size? Businesses of any size will benefit from payroll software, but not all payroll software is designed for every business. Get software that is scalable and designed specifically for your industry and size. The size of the system influences its price. Size will indicate how much you can grow while using the same program.
Can the payroll system handle payroll management in multiple locations? Good payroll software for your business will meet all of your geolocation needs. Plan ahead and think about where you may want to expand if your business has plans to grow. Getting more geolocations sooner rather than later can save you from needing to replace your software too early.
What are the Benefits of Payroll Technology?
Incorporating top-of-the-line payroll software offers different benefits to different companies. Talk to your team or consider on your own what you may be lacking in the current system that a new payroll program can offer your business.
Better Time Management – Spending too much time running payroll can affect your business’s bottom line. Automate the management process with good payroll software that lets you or your team focus on other important areas. Analyzing data will also be quicker and allow you clearer insight into the business’s big picture through year-end reports.
Improved Transparency – Develop a strong trust between your business and its employees and/or clients. Employees want to be certain that they will receive their compensation on time and with total accuracy. A client and/or employee will also want a business’s assurances that their data and personal information is protected.
Fewer Errors – Reducing the risk of human errors is beneficial to a business and its employees and/or clients. Spend less time completing corrected forms and avoid high penalties issued from the Internal Revenue Service.
Increased Security – Running payroll manually can lead to an increased security risk for your business and its data. Invest in heightened payroll technology to protect your business and all who are involved from data leaks or hackings.
Is AMS Payroll the Right Fit?
Good payroll software does not need to be hard to come by for small businesses. AMS Payroll supports users in all 50 states, plus the District of Columbia and Puerto Rico. Process “live” or after-the-fact payroll with up to 1,999 payers supported. Automatically calculate the business’s federal, state, and local payroll taxes. Access regularly updated state and federal tax tables as needed. Download our free 1099-etc Demo software today. Learn how to use AMS Payroll with our base program. Build a full-accounting suite of tools with five other optional add-on modules.