Payroll services are an essential part of most nonprofit’s operation, involving the managing of employee payments, taxes, and benefits. These services typically begin with the hiring process and continue all the way through to retirement. With the expanding remote and hybrid workforces, one of the challenges of managing payroll services is dealing with the different geographies and tax systems of remote workers and the cost to track these dynamics. Chris Poese from PayEntry.com shares his experpise in payroll services in this primer.
In this video interview, Chris Poese, a Business Development Manager at PayEntry, discusses the payroll services provided by his company for nonprofit organizations. PayEntry is a technology company that offers payroll services and aims to provide better customer service, transparency, and simplicity in their pricing structure. This interview provides insights into the benefits of outsourcing payroll services, considerations for choosing a provider, and the evolving needs of nonprofit organizations in managing their payroll processes effectively.
The discussion begins with an overview of what payroll entails and its importance in managing finances and retaining talent. The conversation highlights the challenges faced by non-profit organizations in handling payroll, including calculations, deductions, tax filings, and payment delivery, and the potential risks involved in managing it internally. Chris emphasizes the value of outsourcing payroll to experts who can handle these tasks efficiently and mitigate the associated liabilities.
The hosts then inquire about the costs involved in outsourcing payroll services and what factors organizations should consider when choosing a provider. Chris explains that pricing varies depending on factors such as ownership of the software, support, implementation, and additional services like tax filings, garnishments, and HR support. He advises organizations to evaluate the level of support, training, integration with other systems, and the transparency of pricing offered by potential providers.
The conversation also touches on the changing landscape of the workforce, with more organizations hiring remote employees from different states. Chris explains how PayEntry assists organizations in navigating the complexities of multi-state payroll, staying compliant with various tax laws, and managing state-specific requirements.
The interview concludes with the hosts discussing the timeline for engaging with PayEntry and the dedicated client advocacy provided by the company. Chris mentions that PayEntry can accommodate organizations of all sizes and offers a streamlined implementation process that takes two to four weeks. He emphasizes the importance of having a reliable and accessible support system for handling payroll-related inquiries and emergencies.
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