Accountants and bookkeepers: Grow your biz with a payroll partner

Congratulations – you did it! Another tax season is in the books, and you can finally take a moment to catch your breath. Now’s the time to celebrate your wins, reflect on any challenges, and carry the lessons of your past year forward… because the next year-end will be here before you know it!

One of the key areas many accountants and bookkeepers reevaluate once the tax season dust has settled is their tech stack and partner relationships – and payroll is often at the top of that list. Whether you’ve struggled with clunky systems, limited support, or compliance headaches, now’s the perfect opportunity to step back and assess your payroll provider or system. The right payroll partner can be a game-changer, saving you time, reducing risk, and giving you and your clients a practically seamless experience. Sounds good, right?

Today, we’ll explore three key factors to consider when selecting the perfect payroll partner to help you scale your business and streamline your operations.

1. The right payroll partner will help you minimize the time, effort and resources required to complete payroll tasks

When it comes to scaling up your business, maximizing efficiency is the name of the game. You need a system that simplifies your processes, from onboarding new clients to the everyday management of their payroll. Reducing repetitive tasks like data re-entry or the need to log in and out of multiple accounts and systems is sure to make a big difference – especially as your client base grows!

That’s why accountants and bookkeepers across Canada turn to Payworks for help streamlining their workflow, enjoying features like…

• One secure email loginThrow out your mental rolodex of client login details and enjoy a single point of entry to unlock and move between each of your clients’ payroll accounts.
• Journal entry integration: Reduce manual data input errors and send payroll journal entry data to Quickbooks Online or Xero with just one click.
• Automated submissions to CRA/RQ and Service Canada: Save yourself time by sharing the administrative load, with government remittances, tax forms, and ROEs submitted on behalf of you and your clients.
• Payworks Self Service: Eliminate the need for time-consuming back-and-forth communication by empowering your clients’ staff to add and update information through their own Self Service account, available through desktop and mobile applications.

Whether through intuitive technology designed to make your job easier, or having a dedicated, National Payroll Institute-trained service representative for all of your client accounts, we’re confident you’ll find every aspect of payroll management simple and efficient with Payworks!

And when you’re ready to bring on more clients, you can rest assured that we’ve got quick and consistent onboarding down to a science.

“Almost all of our clients use Payworks, and we bring all new clients onto the platform as well... which runs smoothly because the implementation team is second to none. If you’re looking for a system that’s built for payroll administrators, Payworks is your system!”

• Enkel Backoffice Solutions
  Vancouver, BC

2. The right payroll partner will help elevate your work by protecting data accuracy and integrity

Maintaining detailed, error-free records is a non-negotiable for accountants and bookkeepers. As stewards of financial data, you need a system you can count on to help you minimize errors and catch mistakes when they happen. Payworks has your back with features like…

• Automatic calculations: Skip the manual math with configurable and automated earning, deduction, benefit, and accrual calculations.
• Unlimited payroll previews: Catch and correct any errors before the final payroll is processed.
• Payroll reports: Minimize the risk of missed information or discrepancies with at-the-ready reports that can help reconcile payroll transactions with financial statements.
• One common database: Unify your clients’ data with a workforce management suite that allows time, absence, and employee data to seamlessly flow through to payroll.

With Payworks, maintaining accurate financial data isn’t just easier – it’s built into every step of your workflow.

“Payworks provides a reliable, user-friendly platform that’s easy to navigate, and its intuitive interface makes it easy for users to learn. I particularly appreciate the automatic CRA remittances, and the easy-to-process T4s that are accurate, as well as audit reports that can help you catch errors or discrepancies.”

• Keen Payroll and Bookkeeping
  Placentia, NL

3. The right payroll partner will help you stay on top of payroll legislation

Within the ever-changing landscape of Canadian payroll legislation, it can be hard to keep up with everything. But non-compliance is not an option when it comes to paying Canadians, remitting and reporting.

Fear not! Payworks can help here too, thanks to features like…

• Automatic calculations and configurable rules: Enjoy peace of mind knowing payroll is legally accurate with automatic calculations based on configurable overtime, break, and statutory holiday rules.
• Legislative updates: Breathe easy knowing we stay on top of Canadian payroll legislation and automatically apply changes to our software so you don’t have to.
• Government remittances: Mitigate the risk of late remittance penalties with CPP/QPP, EI, and tax remittances submitted directly to CRA/RQ on your client’s behalf.
• Year-end support: Experience a smoother year-end with interactive checklists, instant reports, and educational resources to ensure you and your clients have everything you need.

Plus: with our one-to-one client support model, you always have industry experts at your service to help you and your clients navigate the complexities of Canadian payroll legislation!

“Payworks helps us stay on top of compliance. Staying informed is key in this industry as the rules are always changing. I cannot say enough great things about Payworks and their team. I recommend Payworks to all businesses.”

• Barney Bookkeeping
  Woodstock, ON

Payworks: Your partner in accuracy, compliance, and efficiency

The right payroll partner will help you head into your next busy season with confidence and clarity, all while empowering your firm to grow. If you're ready to streamline payroll, reduce errors, stay compliant, and save valuable time, we’d love to show you how Payworks can support your success. Schedule a call to learn how our Partner Program can help you scale your business while passing along savings and unmatched value to your clients: https://www.payworks.ca/landing-pages/campaigns/book-a-demo.