Action Payroll Services – CT

We Always Make Payroll!

THE POWER OF A REFERRAL

As any seasoned business professional is aware, one of the best ways to grow your business is through referral. Happy existing customers telling their friends about the positive experience they are having is a home run. When calling upon a referral, the sales person breaks through the gate keeper barrier that most business’s have. The trust of the decision maker on the other end of the phone is already present based upon the positive message conveyed by the person referring. Close ratios are exponentially higher in this scenario and retention ratios are also much higher. We would consider this type of lead a qualified lead in comparison to a unqualified lead where no connection to the business exists. An unqualified lead is much more difficult to close.

Changes to FSA Accounts

A pleasant surprise is in store for flexible spending account participants in 2014.

The IRS surprised employers a few weeks back with a rule change that allows flexible spending account participants to roll over up to $500 of their unused account balances into the next year. The change even allows the rollover of 2013 balances, meaning that flexible spending accounts are no longer a strictly use-it-or-lose-it proposition. Companies that provide HSAs for their employees will need to change their plan descriptions in order to take advantage of the new carryover rules.

 

Thomson Rueters

Action Payroll Vs National Payroll Companies

In any industry competition exists. In the payroll industry the choices are pretty clear. Go big and go national or go local and lean. National payroll companies have a business model that may not make sense for a lot of small business’s. National payroll firms draw the entire liability of the payroll out of the clients account many days before the actual payroll date. This puts a real strain on small business because it forces the business to collect accounts receivable much faster. In a weak economy this is no easy task. Action Payroll writes the checks on client accounts. As a result, client funds stay in the account until pay date. In addition, tax liabilities stay in the clients account until they are due. This is a huge advantage. Want to hold onto your cash longer? Action Payroll is your best bet.

Paperless Payroll With Action Payroll

Action Payroll provides a completely paperless payroll experience through our fully secure remote payroll technology. Access your payroll reports and images of check stubs any time anywhere while connected to the internet. Your company can also enter payroll hours from your secure on line account. No more phone calls, no more shipments. This service is fast, efficient, and very affordable.

Save Money With XACTPAY Through The Hartford

If you are tired of paying 25% to 30% upfront for workers compensation insurance you may want to take a look at pay as you go offered through The Hartford. With this program, you avoid policy term audits and cash flow surprises because your comp insurance is tied to payroll actuals instead of having to estimate payroll going through a standard agency plan. This program is accurate, less costly upfront, and smoothes out cash flow for business’s.

Why Action Payroll

When speaking to potential new customers who are using another national payroll service we ask them to explain their current experience. Oftentimes companies communicate a similar set of responses. They feel like they are a number, they feel like the customer service representatives do not care about their business, the experience feels impersonal.

Action Payroll Services prides ifself on providing the best customer service experience possible. We treat and think about each customer as a member of our company because without customers we do not have a business. We have extremely high retention of customers because of this level of service. Our customer service team is prompt, accurate, and attentive.

The Power of a Referral

As any seasoned business professional is aware, one of the best ways to grow your business is through referral. Happy existing customers telling their friends about the positive experience they are having is a home run. When calling upon a referral, the sales person breaks through the gate keeper barrier that most business’s have. The trust of the decision maker on the other end of the phone is already present based upon the positive message conveyed by the person referring. Close ratios are exponentially higher in this scenario and retention ratios are also much higher. We would consider this type of lead a qualified lead in comparison to a unqualified lead where no connection to the business exists. An unqualified lead is much more difficult to close.

Action Payroll vs National Payroll Companies

In any industry competition exists. In the payroll industry the choices are pretty clear. Go big and go national or go local and lean. National payroll companies have a business model that may not make sense for a lot of small business’s. National payroll firms draw the entire liability of the payroll out of the clients account many days before the actual payroll date. This puts a real strain on small business because it forces the business to collect accounts receivable much faster. In a weak economy this is no easy task. Action Payroll writes the checks on client accounts. As a result, client funds stay in the account until pay date. In addition, tax liabilities stay in the clients account until they are due. This is a huge advantage. Want to hold onto your cash longer? Action Payroll is your best bet.

Benefits of Outsourcing

In any business the owner usually has a specialty that is used to drive revenue and sales into the business. Most successful business’s have great sales and great business partners who handle all aspects of operations. Every successful business needs a qualified payroll company, a qualified accounting firm for tax advice and tax return preperation, a qualified attorney for legal advice, and an insurance agent to mitigate risk. By outsourcing these functions the core specialty of the owner can be his or her main focus and as a result business flourishes. Many small companies try to do all of these functions on their own because they are afraid of the cost burden. Action Payroll recommends doing what you do best and outsource the rest