Online Technology Decreases Work, Increases Revenue
By Jim Heeger
Chief Executive and President of PayCycle Inc.
In the past, accountants have shunned client payroll services, and referred clients away to traditional payroll service bureaus. In a survey by Evans Research Associates, 31 percent of public accountants chose â€œlack of profitabilityâ€ as the reason for not providing payroll to their clients.
Today, new Internet technologies have changed the practice of payroll, causing many professionals to re-think their attitudes about it. This is good news for small businesses, who want their accountant to handle everything from accounting to taxes to payroll. According to a National Payment Corporation Survey, 90% of small businesses prefer that their accountant handle their payroll.
Professionals are discovering that online payroll can be profitable, thanks to the following advantages...
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