If you’re a small business owner, you already wear enough hats: HR manager, marketing director, customer service rep, and more. Payroll shouldn’t take up your entire week. In fact, Payroll on average takes up small business owners’ 12 full days each year to complete. That’s 12 full days you’ve lost running and growing your business! The good news? There are ways to do payroll faster without cutting corners or risking costly mistakes.
At Intentional Accounting, we help businesses like yours simplify systems and reclaim valuable time. Here’s how you can speed up your payroll process and keep things running smoothly.
Go Digital
If you’re still doing payroll manually or with spreadsheets, it’s time for an upgrade. Cloud-based payroll software like Gusto, QuickBooks Payroll, or ADP can automate calculations, tax filings, and direct deposits, all in a few clicks. These tools also reduce the risk of human error, which can slow things down even more.
Create a Consistent Payroll Schedule
One of the easiest ways to simplify payroll is to stick to a set schedule. Whether it’s weekly, bi-weekly, or monthly, consistency allows you to plan ahead, avoid last-minute scrambles, and reduce questions from your team about when they’re getting paid.
Automate Tax Calculations & Filings
Payroll taxes are one of the biggest time-drains. Luckily, many payroll platforms can automatically calculate, file, and even pay your payroll taxes. This not only speeds up your process, but it also keeps you compliant and saves you from penalties down the road.
Use Time-Tracking Tools
Collecting and verifying employee hours manually? That takes a ton of time. Consider using time-tracking software that integrates with your payroll system. Employees can clock in/out digitally, and hours are pulled directly into payroll with no data entry required.
Outsource Your Payroll
If you’re still overwhelmed, it might be time to hand off payroll altogether. Outsourcing payroll to a professional accounting firm (like us!) means you get accuracy, compliance, and time back in your day. We handle everything behind the scenes so you can focus on running your business.
Contact Intentional Accounting Today
Your time is valuable. Whether you’re managing a growing team or just getting started, optimizing your payroll process is one of the smartest moves you can make. At Intentional Accounting, we help business owners streamline their systems and take payroll off their plates for good.
Want to spend less time on payroll and more time growing your business? Let’s talk. Contact us today to learn how we can support your payroll needs.
