Small business owners understand the importance of payroll, but many still debate whether they should purchase in house payroll software. There are many payroll management tasks and a variety of third party options to choose from. Outsourcing payroll support is one possibility. An accountant or payroll service provider can streamline your workers’ duties. Outsourcing payroll support is also one way to avoid creating another position in your business. Yet outsourcing is not for everyone. Some business owners prefer having greater control over payroll management and company finances.
Advanced Micro Solutions keeps payroll control within your business’s office. Small businesses can use our system to guarantee that their payroll tasks are up-to-date or to avoid paying extra vendor fees. We designed AMS Payroll as efficient and affordable, while also meeting all small business payroll software needs.
Advantages of In House Payroll Software
Many business owners prefer controlling business operations on every level. We outlined other key advantages of purchasing payroll in house software.
Secure Data – Business payroll contains highly sensitive data for employers and employees. A data leak can compromise your employees’ names, Social Security numbers, salaries, and bank account information. Invest in your own payroll system to reduce leaks and the risk of third-party data breaches.
No Vendor Fees – Vendors charge associated fees to run your payroll management. The fees vary in cost, but it may still overextend a small business. Confirm that your payroll method does not come with hidden fees or extraneous services.
Greater Flexibility – Looking for greater in house payroll software flexibility should be a top priority. Perhaps you want to make it easier to pay cash wages to employees. Maybe you prefer to pay employees for the current pay period instead of the previous one. Your small business may even need a system with a broader geo-area reach. Make sure that your software matches any of your unique business needs.
Specific Industry Needs – You will likely encounter specific industry compliance requirements once you determine your general business structure. Identify which in house software integrates fully with specific job costing software. That way you can eliminate the middle-man and avoid a lengthy search for an appropriate third-party provider.
AMS For In House Payroll Software
Our 1099-etc software program is a customizable, modular suite of tools. Small businesses can use our core W-2/1099 Forms Filer to prepare and file their end-of-year tax forms and “live” and after-the-fact payroll. There are five other optional modules aside from AMS Payroll, which has easy payer and employee setup.
We designed our system to let users create encrypted PDF files for emailing reports. Our payroll software processes Employee Direct Deposit payroll information or prints MICR checks with our Software Generated Forms module. Whether you are in the restaurant industry or construction industry, our payroll solution supports up to 1,999 payers and up to 9,999 employees per payer. Our free 1099-etc Demo provides a fuller scope of these capabilities. Enter real data into our demo to familiarize yourself with the program or call (405) 340-0697 with any questions.