Duration : 0:0:57

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Get a 30 day free trial at http://www.smallbizprivacy.com

Duration : 0:9:56

Technorati Tags: business, cloud, compliance, FISMA, Flags, HIPAA, ISO27001, microsoft, Online, Policy, privacy, Red, Regulatory, Rule, security;, services, small, smb, Startups

Duration : 0:10:0

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Duration : 0:10:0

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Question:
“What are the benefits to outsourcing payroll?

Ken Blake
Certified Public Accountant (C.P.A.)

Topics covered in this video:
Small business accounting, payroll, outsourcing

Transcript:
Well, there are a number of benefits for outsourcing. There are probably three of them that are the best to keep in mind. The first one is there is a privacy factor in the sense that the payroll isn’t available for the employees to see the various salary levels.

The other thing is that it helps on your cash flow because most payroll services will pay the payroll and the payroll taxes as part of the payroll, so you don’t have a bump in your payroll requirements when the payroll taxes are due. So it has a tendency to level out your cash flow.

The third element has to do with reduction in time. It’s a little easier to deal with an outsource company because all you have to do is call in the payroll vs. when you do it yourself. Someone has to sit down and calculate the payroll or at least feed the data into a program and thereby taking up the employee’s time which could be better spent doing other things.

Duration : 0:1:21

Technorati Tags: accounting, business, corporation, liability, llc, organization, outsourcing, partner, partnership, payroll, small, start, starting

Duration : 0:7:24

Technorati Tags: 2007, business, Excel, microsoft, office, outlook, powerpoint, productivity, small, summit, Word

Duration : 0:1:56

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The Oakland Digital Arts & Literacy Center (ODALC) inspires the community by providing innovative computer-based training programs and access to digital technology with life changing keynote speakers.

ODALC’s goal is simple: Inspire, Train, and Innovate.

Reid Hoffman is Executive Chairman and a co-founder of LinkedIn. Prior to LinkedIn, Reid was Executive Vice President of PayPal where he was in charge of all business relationships: business development, corporate development, international, government relations, and banking/payments infrastructure. During his tenure at PayPal, Reid was instrumental to the acquisition by eBay and was responsible for partnerships with Intuit, Visa, MasterCard and Wells Fargo.

Reid also has held management roles in significant technology companies, including Fujitsu Software Corporation and Apple. In addition to LinkedIn, Reid serves on the Board of Directors for SixApart, Kiva.org, and Mozilla Corporation. Reid graduated with distinction from Stanford University with a BS in Symbolic Systems and from Oxford University with a Masters degree in philosophy and a Marshall scholarship.

To learn more about the ODALC, visit odalc.org and our blog, inspireoakland.com. Follow us on Twitter, @ODALC. To donate, please visit odalc.org/donate.

Thank you for your time, consideration and support!

Filmed by Shaun Tai for SHAUN TAI Films – shaun@shauntaifilms.com, (925) 297-9370

Duration : 0:1:16

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Duration : 0:8:45

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Duration : 0:2:34

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