Have you ever heard the saying, “No good deed goes unpunished”?
Behind that strange saying is the wisdom that even when you are doing your very best at your assigned task someone will likely find a way to give you even more work to do. If you are on the staff of one of the many payroll companies for small businesses you may understand these implications all too well. When your job at the office has become so overwhelming and time consuming it is possible that a better system is available.
Whether you are in charge of running payroll or medical record scanning services, if your company has not updated its system in the last 12 months you probably are spending more times on these tasks then you need to. Small business owners especially find themselves trying to complete many time consuming tasks with the smallest number of staff. And while this approach can seem cost efficient, you cannot afford to lose employees because you keep adding more and more to their job description.
Medical Record Scanning Services Can Help Upgrade Your Office Procedures
The medical record scanning industry is one example of a platform that has made incredible progress in the last few years. As offices across the country attempted to become compliant with the latest federal requirements, offices everywhere were consumed with data that needed to be transferred to digital formats. While the idea of having all of these medical records digitally stored has many advantages, the task was not simple. As a result, many companies improved their online medical record services to a point where they can see the light at the end of the tunnel. They have scanned all past records and have a manageable plan for staying current with new records.
This progress has been a result of many companies realizing that outsourcing some of these tasks is more time efficient and cost effective.
Payroll Providers Can Also Support Busy Offices Trying to Make the Most of Staff Responsibilities
For example, business owners who attempt to manage their payroll in-house are tasked with a wide variety of responsibilities. They must do everything from totaling hours to creating gross-to-net calculations for each employee, while at the same time calculating and depositing payroll taxes as well as preparing and filing tax returns on time and accurately. Any time you have a task that is only completed once a quarter or once a year, like end of year tax filings, you may find yourself relearning information that you had previously mastered but have now forgotten. Many of the most effective business owners have found that these tasks are better left to a payroll outsourcing provider.
While large corporations may decide to staff their own payroll services staff, smaller companies often see immediate results from outsourcing these tasks.
Perhaps even more important is the increasing need for accountability is the payroll taxable income process. While some smaller companies have sometimes slid by without reporting all of the paid taxable income, this is becoming increasingly more difficult and expensive. In Canada, for example, small businesses have recently been identified as the greatest source of uncollected taxes. As a result, the Canadian Revenue Agency (CRA) is focusing a growing number of efforts on enforcing payroll tax policies for small businesses. Even some small companies who are trying to do what is required may find themselves facing penalties because they simply were not up to dat on the latest tax codes.
Payroll and Medical Record Scanning Services May be More Cost Effective When Outsourced to Other Providers
As we become a world that is more skilled at the products and services that we provide it makes sense that some office tasks that were once considered essential to on-site workers need to be directed toward outside providers. When a single office, for example, goes from offering a menu of 25 services to its customers to expanding those offerings to more than 50 something has to change. One solution is to regrettably over work your current employees and risk losing them. A second option is to add additional staff. A third option is to determine some tasks, like medical record scanning services, and outsource them to outside providers.