Payroll Plays an Increasingly Strategic Role in Business Success

As a small or midsize business (SMB) owner, recruiting and retaining an effective workforce is fundamental to your success. On its surface, this seems a fairly straightforward proposition: your employees work on your A behalf, and you pay them for their efforts. But of all the things that can—and often do—cause problems for growing businesses, payroll is one of the most persistent.

For starters, doing payroll inhouse is time intensive for SMB owners, who already struggle with competing demands for their attention. Nonprofit business consulting organization SCORE found that 43 percent of SMB owners doing payroll in-house spend three to 10 hours a month on this