Payroll Services
Because your employees deserve to get paid accurately and on time… every time.
Few services are as crucial to employee morale and retention as payroll. BPM’s Payroll Services are a reliable solution for compliant, timely and accurate payments. These services support your most important asset — your people.
Payroll Services: Simplifying compliance and streamlining processes
When executed efficiently, payroll services can help boost employee satisfaction and support business stability and growth. BPM Payroll consultants help ensure accurate and compliant timekeeping practices. They also make sure system configurations, and all other payroll-related workflows are as efficient and simplified as possible. This reduces the risk of manual errors and gives clients the ultimate peace of mind.
Poorly managed payroll, on the other hand, can have serious consequences. Non-compliance can result in fines, penalties and significant legal issues. For example, in July 2024, the U.S. Department of Labor recovered over $1.1 million in back pay and damages from a contractor. The garment contractor had intentionally withheld overtime wages from its workers.
Payroll errors can damage employee morale and trust, leading to decreased productivity, loss of top talent and costly turnover. Mismanaged payroll can also damage a company’s reputation, making it harder to attract and retain skilled employees.
How BPM can help manage payroll services
Cost-effective and efficient, our Payroll Services free up your resources to focus on the bigger picture.
Payroll processing services
Rely on our seasoned payroll professionals to accurately calculate your employees’ wages, salaries, bonuses and equity compensation. Your dedicated consultant can save time. They work with your payroll vendor to set up your chosen system correctly and resolve issues as they arise. They also serve as points of contact for your employees, answering questions and addressing concerns.
Tax compliance services
Navigating the complex and ever-changing federal, state and local payroll tax regulations can be challenging. Our consultants correctly set up your employer income tax accounts for all relevant states and income types. They also stay abreast of laws and regulations to identify and manage employment tax risks.
Have you received a scary looking notice in the mail from a tax agency? No problem! We will look into it for you and tell you all you need to know to be compliant.
Employee benefits management
Our Payroll Services include comprehensive administration of employee benefits programs, such as health insurance, retirement plans and flexible spending accounts. We handle account setup, benefits enrollment, contribution management and reimbursement processing.
Customizable payroll solutions
There is no one-size-fits-all in payroll. Whether you are a small business or an international enterprise, you have payroll needs unique to your organization. We will tailor our services so that you get the level of service and support that is ideal for you.
Payroll system transition and support
Changing payroll systems or implementing one for the first time is a daunting task. We can help! Our consultants will set up your new payroll software correctly and configure it to your organization’s requirements. We will also review your timekeeping processes and systems in compliance with labor laws and regulations.
Proven experience and personalized HR services
Our team of payroll professionals bring a wealth of knowledge to every engagement. Our consultants, based in the United States, are members of the American Payroll Association (APA) and/or Certified Payroll Professionals (CPPs). Each has at least a decade of in-house payroll experience and/or worked directly for payroll system vendors.
A dedicated consultant will be assigned to you. They will get to know you and your business to provide ongoing, personalized support. We will also provide a backup consultant to support in an emergency.
Why outsource to a payroll consultant?
From reduced risk to specialized advice, outsourcing your payroll has multiple benefits.
Time and cost savings
Payroll processing is time-consuming and often complex, especially for companies with a large workforce or multiple locations. On the other hand, maybe your payroll is simple and straightforward. This makes it difficult to justify a full headcount dedicated to the task. Outsourced payroll frees up valuable resources so employees can focus on core business activities and growth strategies.
Reduced risk of errors and penalties
Payroll errors can have serious consequences, including fines, penalties and legal issues. Outsourcing payroll to experienced professionals significantly reduces the likelihood of errors and the associated risks.
Access to specialist advice and support
We stay abreast of the latest payroll laws and best practices so that we can update your processes accordingly. We also offer ongoing support and assistance to your employees, addressing any questions or concerns.
Timely and accurate payroll can be both difficult and time-consuming — and it’s not getting easier. Every state has its own rules and regulations around payroll, which are becoming increasingly complex. Maintaining the privacy of employee information is also crucial. A trusted payroll service provider can help manage these and other challenges.
How we work
We take pride in building long-term relationships with our clients. We take the time to understand and address each client’s specific payroll challenges and business objectives. This allows us to best support your overall business strategy.
Initial consultation
Our process begins with an in-depth consultation to understand your business goals, payroll needs and existing processes. We ask the right questions and gather the necessary information to provide a solution that meets your requirements.
Proposal and agreement
After the initial consultation, we present a detailed proposal outlining the scope of services, pricing and terms of engagement. Our pricing is transparent, with no hidden fees, so you know what to expect from the start.
Engagement
We begin our engagement with a comprehensive payroll audit to assess your current practices and identify areas for improvement. We then set up your payroll systems and processes, including software setup and employee data migration. Throughout this phase, we provide training and support to ensure a smooth transition.
Ongoing support
We will assign you a dedicated consultant and a backup. Our consultants are available to answer questions and provide assistance as needed. We conduct regular audits to maintain accuracy. Our team will also alert you to new regulations that have an impact on your payroll operations.
Get started with BPM HR Payroll Services
Timely, accurate payroll is a requirement for success. Our consultants offer a cost-effective solution to help you reduce risks, stay compliant and streamline your processes. Contact us today for a free consultation to get started.
