As a small business owner, you’re used to rolling up your sleeves, DIY-ing new projects and wearing many hats (you’re kind of like a superhero!). But, while all that hard work makes you amazing at what you do, there’s nothing quite as satisfying as taking a huge task off your plate and putting more time back in your day. That’s where online payroll comes in. Instead of spending hours manually entering payroll data, online payroll automates the most (mumble mumble) complicated payroll functions, so that you can get back to doing literally anything else.
So, how does it work? Online payroll – sometimes referred to as “cloud payroll” – lets you have full control of your business’ or clients’ payroll using a remote system of servers that’s easily accessed using an internet connection. It automates deductions, calculates taxes and generates important forms with just a click of a button. Imagine a life without calculators, spreadsheets, carpal tunnel from manually filling out year-end documents, or worries about paying your team on time.
With direct deposit, you can send money right to your team's bank accounts.
No more crunching numbers! Easily calculate incomes, deductions, etc.
Stress less with automatic tax calculations and remittances.
Paystubs, tax forms and direct deposit information is right at their fingertips.
Electronically file your T4s and T4As with the government.
Spend your time on the things that matter (not filling out ROEs by hand!)
Some things are just not meant for do-it-yourself (balloon animals, anyone?). Make payroll a breeze and life easier for you and your employees. Online payroll software like Wagepoint saves you time, money and plenty of headaches that come with manual processing.
With online payroll, small businesses don’t have to go it alone. Wagepoint’s friendly software simplifies complex payroll functions, from onboarding to ROEs and everything in between. Moving to the cloud also lets small businesses meet payroll reporting and tax form requirements. You’ll receive reminders about upcoming processing deadlines, missed payrolls, stat holidays and even birthdays and “work-aversaries” for your employees, keeping both your teams, and the government, happy.
Online payroll can be a recurring revenue source that helps you scale and grow your business. Today, small businesses are looking for more than just payroll processing from their payroll professionals – they’re looking for cloud-based integrations like time & attendance tracking solutions, e-banking and accounting software. With Wagepoint, accountants can become essential and trusted advisors for their clients (and maybe even their favourite people?).
Your employees are the heart of your business, so their experience with payroll should be stress-free, simple and transparent. Cloud-based, online payroll makes it easy for your team to access their paystubs, view their tax forms and stay on top of their payroll data from their very own employee portals. Plus, with direct deposit, you can relax knowing that everyone was paid on time, straight to their bank account. Seriously, does anyone want to be paid by cheque, still?
Learn more about Wagepoint for small businesses.
Julia Moore, Canadian Security Systems Ltd.
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