Do you have one of the 27.9 million small businesses in the US? If so, we are sure that you want to do everything you can to make your business grow and succeed.
You’ve followed our advice and have decided to create pay stubs for every pay period for your employees. Except now you realize that is a lot of work and paper!Â
It is time to consider online pay stubs. We are going to show you all of the benefits of moving your payroll system online.Â
Save TimeÂ
With online pay stubs, there is no more spending time preparing your employees checks, mailing them, fixing the undeliverable ones, or dealing with fraud. All of these tasks become unnecessary as your employees receive their payment online.Â
You also save time by being able to direct your employees to an online portal. They can then find the answers to any questions they may have. They can look at past pay stubs or find out how much tax has been withheld.Â
By empowering your employees in this way, you aren’t spending time looking up these answers for them.Â
Save MoneyÂ
When you use paperless payroll you save money by not having to print out paper versions. Your business also saves money by not having to reprint them when your employee accidentally loses or destroys their check.Â
Reducing the use of all that paper also benefits the environment. Ask your employees how many of them keep their paper pay stubs for their records? We are willing to bet most of them throw them away.Â
ReliableÂ
If you create paper pay stubs manually there is an element of human error that you must contend with. When these errors happen, you’ll need to spend time correcting them.Â
With an online pay stub generator, this process is now automated. It also means the process can happen at any time.Â
You can ensure your employees get paid despite a holiday or unexpected event. Let’s say a huge snowstorm keeps everyone at home in the northeast. Or maybe a hurricane has businesses shut down in Florida. Online pay stubs allow for those companies to continue to service their employees.Â
AccessibleÂ
How do you store all of your payroll data right now? When you use an online pay stub generator you have one source where all of your payroll information is kept.Â
Then both you and your employees can access it at any time. This makes it convenient for you both you and them. It also ensures that everyone is on the same page.Â
Online Pay Stubs
If you are still using paper pay stubs then it’s time to switch over to online pay stubs. They can save you time, money, and frustration.Â
Your employees will appreciate the reliability and accessibility. So the only question now is, when will you take your small business to the next level with paperless payroll?Â
Now that you have your pay stubs sorted, check out these other helpful articles on business finance.Â