Why Use Workful to Manage Payroll for Your Small Business
Running payroll is an important task for any small business,
and payroll software is an
essential tool to ensure your employees are getting paid on time.
But not all software systems are created equally. Here are five reasons why Workful
is the ultimate solution for your business.
With Workful, everything you need to run payroll is in one
place. Every time your employees update their withholdings, clock in or out,
request an expense reimbursement, or ask for time off, your next payroll run is
updated. You won’t need to spend time adding up how many hours a team member
worked or calculating how much income tax to withhold.
Workful will also update your tax liability
each time you run payroll. You’ll always know how much you owe in taxes, so you’ll
be prepared when it’s time to pay.
Do you deposit your employees’ paychecks directly into their
bank accounts or do you cut them a check? With Workful, you have the freedom to
choose either, and you can even switch between the two if you need to. Choosing
to print a check instead of running direct deposit is great if you need to pay commissions
or reward your staff with a bonus.
With Workful, you have the flexibility to include salaried
and hourly employees in the same payroll run. You can also have multiple pay
schedules and pay commissions, bonuses, and advances whenever you need –
there’s no need to wait until your next regularly scheduled payday.
If an employee performs multiple jobs for your small
business, it’s easy to setup different pay rates for each role.
Workful is always the same low price per employee, no matter
how often you pay your team. You’ll never have to pay more for extra payroll
Workful’s employee portal allows your team to update their
own contact and bank account information and their withholdings at any time. You
and your employees can have peace of mind that the information in your system
is accurate and the amount withheld for taxes is correct.