A business has many options when it comes to processing payroll.
Companies that manage payroll in-house will see reduced costs and simplified account reconciliation by using direct deposit.
Instead of reconciling each individual check that clears on the account, you make one ledger entry on your books for one sum net pay amount that you will see deducted on your Pinnacle statement. It's easy to set up and can simplify the labor time and processes involved in paying your associates.
Outsourcing your Payroll Function
Outsourcing your payroll function allows you to focus on your business and not worry about payroll and tax law compliance. Pinnacle partners with a number of leading payroll service providers to ensure you receive effective payroll advice and superior service and support.
Payroll services can be simple and cost-effective, regardless of your company’s size. It reduces costs and workload, freeing up time to take care of what’s really important: attending to your clients and growing your business.
Benefits of Outsourcing your Payroll Function
- Accuracy and timeliness in payroll data entry and calculation
- Reduction in administrative costs and workload
- Immediate access to a team of payroll specialists who help with your implementation and ongoing needs
If you’re interested in streamlining your payroll functions with direct deposit or Pinnacle’s Payroll services, call your financial advisor.