Individuals work hard to earn their money. A paycheck is a long-awaited reward for all that hard work. Many individuals are forced to live on a paycheck to paycheck basis, so it is no wonder that most employees expect employers to pay their wages in a timely and accurate manner. Payroll is a complete chain of tasks managed to reach and process the final payout of the employees working in an organization.
Constantly changing laws and regulations have made calculating a paycheck very challenging. A miscalculation can mean not only incorrect paycheck for the employees but also huge compliance penalties for businesses.
Payroll professionals collect, report and deposit approximately $1.7 trillion. Payroll processing is a critical task that must be performed flawlessly. It can be considered an important issue just because employees work hard for the success of your business.
ADP is one of the widely used providers of HR software products and outsourced services in the world. In this ADP RUN Review, we will talk about their online payroll and Human Resources platform for startups and small companies.
This is a very valuable service that many companies in the US greatly appreciate because most accounting firms either do not provide payroll services at all or do it on a very minimal level. How can payroll software like RUN powered by ADP help in managing payroll?
- Salary structure
- Salary verification
- Salary direct deposit
- Accurate calculations
- Compliance and taxes
- Payout insights
- Seamless integrations
- Self-service for employees.
Cluttered paperwork and inaccurate information can lead to confusion and lost time. With the RUN system, every business can track employee performance and relevant HR information, all in one secure, easy to navigate solution. You will be surprised how fast and simple it can be to put payroll and Human Resources in your company on the right track with the right set of tools.
ADP makes it simple to add employees, automate payroll, create a seamless tax filing process, and much more. Automated alerts and notes will remind you of important notifications and help prioritize your HR and payroll-related tasks. In addition, a Doc Vault feature allows you to store, manage, and track business HR-related employee documents and quickly access them when you want.
Pricing and Plans
You can see that there are several packages. Although you can find information on the features offered under each plan, which we will go over in our ADP RUN Review in just a moment, there is no specific pricing or even a price range. Many consider it a downside that they need to call or complete a form to get a quote.
At the same time, ADP tries to make their payroll service affordable to every business and their specialists will find a package that is right for you. All plans also have add-ons. The time and attendance, for instance, allows the HR department to better track the time employees work and create convenient and effective schedules. This tool makes it possible to have better control of the number of hours worked by your employees, any overtime, and as well as attendance. The workers’ compensation, attractive retirement plans, and health insurance add-ons make your company even more attractive for the best candidates and employees.
If you are one of those businesses that need only the most necessary payroll functions, you might want to consider this package. You will be able to run your payroll on any device. The direct deposits feature allows you to pay your employees quickly and without unnecessary paperwork. If desired, you can set it to automatically deposit the money on the payday. If checks are a preferred way to pay salaries, these will be in your office just on time for you to pay your employees.
Staying in compliance with payroll regulations and rules is easier with RUN. You can count on ADP to fully take care of payroll taxes for your business. They will get the W-2 forms as well as 1099s to your employees, and file, if desire, for an additional fee. Moreover, ADP takes responsibility for any tax filing errors that were made by them and covers any penalties or fines that arise as a result of these errors. In addition, they can communicate with tax authorities on your behalf.
RUN also helps during the hiring process. Your new employees fill out all the required documents right in the program themselves and ADP will report new clients to keep your business compliant with all the regulations. Your employees also benefit from this payroll solution. How? They have access not only to their paycheck information but also W-2s or 1099s and can even manage retirement accounts or choose to be paid via direct deposit as opposed to a check.
Customizable reports make HR management more effective and less time-consuming. They can be viewed online or printed for your convenience. Moreover, ADP knows that payroll plays a role in the bigger financial picture. Thus, it made sure that you can export this data into the most popular accounting solutions.
If you are looking for additional features that will help your HR department, then this option also helps business owners to find new, qualified employees quickly by allowing them to post on numerous popular job boards. Moreover, there is also a background checks feature, so you have all your hiring needs met in one place.
In addition, this plan offers State Unemployment Insurance management. ADP will communicate with state authorities, if necessary, on top of keeping an eye on your SUI account. Also, you get an additional layer of security with a check-signing feature.
The next plan up has even more to offer its users in addition to everything described above. It is focused more on HR department support. With tools such as HR HelpDesk, which gives your employees access to professional support via phone or email, to numerous other helpful resources, including documents, forms, checklists, policies, and even human resource management training, your HR department will surely do its job much better.
Although you are not legally required to have an employee handbook, being able to create a professional handbook with the help of a special tool because it is an easy way to let your employees know what is expected from them and what they can expect from you. It also gives a better impression about your company and helps to enforce policies effective at your company.
- HR Pro
Finally, there is the most advanced plan that delivers more enhanced support for HR employees, employer and employee training in relevant topics, as well as workplace and sexual harassment prevention training.
By partnering with an outside payroll provider, businesses are able to focus their valuable time on what is most important – effectively managing their people and growing what they worked so hard from the very start. In today’s environment, more and more businesses realize that it is more efficient and cost-effective to outsource these services to a trusted, experienced partner like ADP.