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Payroll ServicesPayroll and taxes are very important to my company. Why should I outsource such an important job to the Manufacturers' Association of Northwest Pennsylvania?There are many reasons why companies decide to outsource payroll and tax functions, including reducing company liability and ensuring tax compliance. Other reasons tend to vary by company size: Small companies (five-50 employees) want to save time and avoid employing expertise in noncore functions. An outsourcer's primary value proposition to small companies includes access to information and accuracy of payroll and tax filings. Midsize companies (50-250 employees) are typically overwhelmed by paperwork, particularly those with multisite, multistate work forces. They express frustration with regulatory issues, HR system management and reporting requirements, so they appreciate an outsourcer's role. Large companies (more than 250 employees) look to outsource as a solution for complex issues, such as integration of HR and financial systems, benefit-cost control and enterprisewide service. Companies can't employ expertise for every support function without depleting resources needed for their core competencies. Outsourcing can provide significant efficiencies and needed expertise, in addition to reducing expenses. Research shows that paper-based administration of payroll and benefits can consume as much as 80 percent of the human resource department's time. Outsourcing is a proven way to manage the paperwork burden more effectively. How much money can I save by using the Manufacturers' Association as compared to continuing to manage these functions internally?According to a recent KPMG study, outsourcing payroll can produce savings of up to 50 percent. The Manufacturers' Association's fees for service are also lower than most of our competitors because of more advanced integrated technology and lower corporate-administrative overhead. How does the Manufacturers' Association's payroll software work with my accounting packages?We can customize a file that exports payroll and tax data to leading accounting packages, such as Great Plains, Peachtree Software, QuickBooks, etc. Reports help me to better run my business. What types of reports can I generate using this software?You will have access to more than 100 different standard reports that you can run anytime and as often as you like at no additional cost. You can also customize your own reports with the Custom Report Writer, which is included with our technology. If you need our assistance in creating a custom report, we can customize reports for you at a one-time nominal cost. For more information, contact the Payroll Services Deparment at payroll@manp.org, or call 814/833-3200 or 800/815-2660. |