Most people think of payroll as being effortless and automatic. Properly processed payroll, paid timely, creates that sense of reliability and trust for your employees. When there are errors, whether due to timing or miscalculations or a number of other seemingly simple issues, you could wind up with dissatisfied, unmotivated employees and a labor law compliance issue. As a venture backed startup, you rely heavily upon happy, motivated employees, and those employees need to be rewarded.
If you handle your company’s payroll in-house, then you know (or should know) the time and attention to detail required to operate seamlessly. Surprisingly, many founders tell us that they run payroll automatically, with no review and no process. That may work in the short term when you have very few employees, but the complexity and demands of the payroll process increase as your staff grows. Imagine what payroll looks like in six to twelve months when you’ve tripled in size and likely have employees in multiple locations. Each pay period should include a series of checks and balances to ensure no errors are made while handling a considerable amount of data that varies from employee to employee. When you outsource your payroll to Countsy, your team is free to devote its time to product development and marketing strategies.
Instead of being overwhelmed by the need to grow your back office, outsource your accounting and human resource needs to Countsy. With your Countsy on-demand CFO at the lead, you’ll feel even more prepared to grow quickly.