The bigger, the better: Payroll as a profit centre?
Reflecting on his success, the famous American business tycoon and retailer James Cash Penney once said: “Growth is never by mere chance; it is the result of forces working together.” For accounting practices, stuck in a rut and with plateaued growth, it can be difficult to see a path forward. The challenge, until now, has been scale; however, technology has helped by stripping payroll back to its bare essentials. Cloud payroll portals are making it easier and cheaper to provide payroll services at scale for all of your clients. Drudge work is automated, it’s more collaborative, and a simple, intuitive online interface speeds up your work.