April 29, 2018 | 6-minute (1087 words)
Did you know that business consultants often recommend outsourcing non-core...
Let our payroll management take care of the details of time reporting, taxes/other deductions, direct deposit and more, ensuring your people get paid accurately and on time. Done.
No more forgotten forms or signatures. We keep track of employee I-9s, W-2s and 1099s, making sure they’re signed and stored appropriately. We also stay on top of changing tax laws, making the needed adjustments and calculations so you never miss a beat.
All payments are deposited on time and in the correct amount. By automating this simple yet vital task, we make sure there are fewer mistakes and that you spend less time getting your employees their paychecks.
We will integrate your payroll with your accounting software to ensure all payroll expenses flow through to your books and are accounted for properly and in a timely manner.
We’ve been working with Escalon Services for quite some time now, and we couldn’t be more pleased with their performance. Their team consistently demonstrates exceptional responsiveness, which is invaluable in our fast-paced business environment. Whenever we have questions or need assistance, they are quick to address our concerns and provide solutions.
Paolo Ghisolfi, VP Finance at Flaviar
VP Finance at Flaviar
Coming out of bankruptcy and rebuilding essentially a new business from the ground up. While the consumer side of the business still operated as if nothing had changed, was a challenge. The benefit of bringing Escalon was that they assigned a full-time resource who rolled up his sleeves to dig into the weeds to figure out what was going on in conjunction with the team that they put in place.
Matt Preston, Controller, TRX
Controller, TRX
They’ve been able to offload a bunch of work that’s on my plate and the controller that has been assigned to our account, I trust her a lot, I trust her ability to manage the team, manage the work, get to the right answer without me needing to dive in a lot so it’s been really great on that point.
Chris Hill, Global controller, Sectigo
Escalon has been a valued partner across several of our businesses, as we’ve scaled, they have been instrumental in helping us sustain the growth and build financial functions. I’d happily recommend their services for any startup, or growing company in and around entertainment!
Benji Madden, Co-Founder of Veeps
Escalon allows us/allows me not to worry about the back office accounting function at the end of the day. We really see Escalon as an integral part of our business as part of our team honestly, sharing in the success of us, growing the business tremendously, and helping us all along the way.
Bill Brownie, CFO of Eargo
One of the things that I know has been very helpful is keeping the expenses low on the accounting and financial side of my startup, so that I can focus primarily my efforts on the development of the product, research/development, and clinical studies.
Mitch Levinson, Cerebrotech Medical Systems Co-Founder & CTO
Outsourcing your payroll services refers to hiring an external team of professionals to manage your payroll technology, accounting, taxes, compliance paperwork and payments. Your outsourced payroll team will often provide your small business with a payroll portal where employees can update their information and track payments, while the team externally manages the day-to-day tasks related to payroll.
Let’s look at the pros of payroll outsourcing:
Payroll outsourcing services are particularly beneficial for small businesses or startups that have a limited internal team or who are looking for increased transparency and efficiency.
Any business owner or startup founder who handles their own payroll can outsource payroll to free their time and headspace. Those with an accounting team already can release them from payroll duties and give those team members the opportunity to focus on more valuable tasks, like financial reporting, forecasting, budgeting, bookkeeping and planning.
An HR payroll system is a software application that helps companies manage their payroll processes. It can be used to track worker attendance and time, calculate pay and generate paychecks. An HR payroll system can also be used to manage taxes, employee benefits and other HR-related tasks.
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