January 1st is just around the corner, and this time of year I tend to get a lot of calls from business owners and CEO/CFOs looking to outsource their payroll for the first time.
January is a great time to start your payroll outsourcing experience because all payroll tax balances have reset at zero. This minimizes the data that payroll companies have to enter into their system (outstanding payroll tax balances, etc...), and reduces the chance for an error during conversion.
If you have made the decision to outsource I recommend getting the paperwork and set up of your account completed early. There are a lot of companies who begin outsourcing or make a change in providers this time of year and you'd rather be in and done and not caught in a shuffle or near a deadline when your account set up is happening - with so many other accounts being set up simultaneously, quality could be sacrificed.
Schedule a time with the sales representative of your payroll company to be live and on site for the first payroll to help ease the new experience.
Then figure out what revenue generating tasks your going to accomplish with your new free time now that the payroll company is taking the time burden of payroll off your shoulders.
