Finding the right payroll software for payroll service providers is just as essential as if it were any other business in need of software. Looking for the right payroll software can take some time. The best option for your business may not be what you sell to your customers. Consider what you want and what you need most out of payroll software and perhaps create a list of these different features. Even if you do not get all of the features that you want, you should invest in software that reduces your business’s workload.
Advanced Micro Solutions Payroll Software is an affordable and customizable solution for businesses across different industries. AMS Payroll operates as an add-on module to our database system that branches off the core W-2/1099 Forms Filer program. Use the software to transfer your payroll data to state and federal quarterly unemployment forms, as well as year-end W-2s and 1099s.
How Does Payroll Software for Payroll Service Providers Help?
Getting software sooner rather than later can help your business in both short- and long-term ways. The best payroll software will:
Automate as many calculations as possible. Finding software that allows you to automate as much of the payroll process as possible is hugely important for payroll service providers. Getting automated software will help you accurately calculate gross pay, deductions, and net pay based on the hours an individual worked, any pay rates, and all of the relevant tax laws. Do not get too caught up with the calculations and risk inputting the incorrect information.
Generate the necessary payroll reports. Make sure that you get payroll software for payroll service providers with all of the essential payroll reports. You do not want to invest in a system only to learn that it cannot provide your business with everything that it requires. Spending an extra lump sum of money on software to meet your needs is inconvenient and a waste of time.
Keep your business compliant with state and federal agencies. There are some steps that you can take to ensure that your accounting and payroll software helps you to meet the requirements expected of you. Confirm that your software is up-to-date so that it reflects all of the latest tax laws and regulatory changes. The best payroll software for payroll service providers will offer users viewable tax tables and reduce how often you need to research information online.
Grow with your business. Handling a rising number of employees and clients can be tough as a payroll service provider. Make sure that your system can accommodate growth or expansion within your business. A scalable payroll system can help prevent you from needing to buy new software too soon or before your business can afford it.
Can’t-Miss Payroll Software Features
Payroll software is never one-size-fits-all and should not be approached in that way. There are still some core features that every business should obtain before they focus on the specialized tools in their industry.
Integration with Other Systems – Utilize payroll software for payroll service providers that makes integration straightforward or, at the very least, less stressful for you or your team. A worthwhile payroll program may end up being an all-in-one, full-accounting suite of tools. It should not require an extensive amount of time to import and export data between systems.
Customer Service Support – A strong and responsive customer service team will make a big difference if your software glitches or malfunctions ahead of a major employment tax deadline. A payroll service provider should look for a prospective vendor that prioritizes helping a customer in the same way that they do for their own software users.
Payer Backup and Restore – Protecting sensitive and essential data should be the core tenet of any payroll software program. Having the ability to restore seemingly lost or misplaced data is essential for small businesses that may not have a lot of workers who can troubleshoot.
User-Friendly Interface – Even an experienced payroll service provider wants an easy-to-use payroll interface system. Many payroll service providers offer free trials or demos if you make a wise decision to test out a product before purchasing it.
Get Started with AMS Payroll
Download our free 1099-etc Demo software today and learn how our payroll software for payroll service providers works firsthand. Set up as many as 40 user-defined fields for deductions or additions like a 401(k) or health insurance. Print over 30 different supported check types by a date range or one-by-one. AMS Payroll supports all 50 states, plus the District of Columbia and Puerto Rico.