It’s nearly time for the monthly pay run and you’re manually updating employee and salary information. You’re worried you won’t get it done in time to give your people their payslips when they expect. With the last minute rush, it’s probable that you’ll make errors and mistakes.
If the numbers are wrong, you just hope you don’t get a fine from the tax office or the pensions regulator that you can’t afford to pay. Even if everything was right today, what about next month? Pay too much and you’re losing money. Pay too little and it’s doubtful your employees will give you a second chance.
It’s the sort of dilemma facing thousands of small business owners. You only have to do a quick search online to see that payroll’s a major headache for many. Facebook, twitter and LinkedIn are littered with accounts of people who make their frustrations clear with hashtags like #Payrollsucks or #Ihatepayroll.
So what’s going wrong?
Most payroll discontent comes with approaches and technologies that make the process harder than it should be. For example, most small business owners still use spreadsheets to track employee information and payments, but this takes hours a month and errors can easily creep in. There’s also a chance that employees won’t get paid what they’re due, or that errors could result in tax fines or other nasty surprises.
Other small business owners choose to outsource their payroll, but third parties will rarely look after your people as well as you would, and inaccurate payments and non-compliance issues are still surprisingly common. Outsourcing is also more expensive than taking care of your own payroll and it might not even be an option, especially if you’re just starting out.
Then, there are business owners who invest in payroll software to make payroll easier. This is a great idea in theory, but many software packages lack the functionality needed for complex payroll issues like maternity or sick pay and pensions auto-enrolment. You might also find that your payroll software won’t scale easily if your business grows, forcing you to buy something else.
Become a Payroll Solver with Sage
To solve these traditional payroll headaches, a new generation of small business owners are becoming Payroll Solvers with Sage Business Cloud Payroll. Our software boils payroll down to four quick, simple, automated steps, which means you can pay your growing team, accurately, in just a few minutes, freeing you up to focus on what really matters to your business.
With Sage Business Cloud Payroll you also have total peace of mind with our built-in compliance features. These ensure that all your payroll calculations are accurate and compliant with local legislation, which makes it easy to stay on top of all your tax and other obligations. If you do need help fixing something, you can contact our experts 24 hours a day by phone, email or chat.
Sage Business Cloud Payroll also provides a great payroll experience for your employees, helping to ensure they stay happy and engaged. Access your payroll anytime, anywhere, and on virtually any device, using the Internet, and you can email or print payslips with the click of a mouse. Your payroll is always right, always completed fast and always professional.
Want to be a Payroll Solver? Contact Sage to find out how or visit us