Gain a Competitive Edge with Outsourced Payroll Solutions
As an outsourcing accounting firm, you understand the importance of providing comprehensive and efficient solutions to your clients. AltQuad can help you expand your service offerings and enhance client value by providing expert payroll outsourcing services. Our team handles all aspects of the payroll process, from employee onboarding and data entry to tax filings and year-end reporting, freeing up your in-house resources to focus on higher-value services.
Get your first 50 hours of outsourced Accounts Receivable services free
AltQuad - The trusted outsourced payroll partner for accounting & bookkeeping firms
Key benefits of outsourcing payroll of your clients to AltQuad
Ensure accurate and timely payroll processing for your clients' employees. Elevate Your Bookkeeping Practice with Our Premium Offshore Payroll Services
What we do differently in Payroll outsourcing
Accuracy
➡ We prioritize your clients' payroll accuracy through rigorous quality control measures, including checklists, cross-verification, and regular audits.
➡ Our team is trained to identify and rectify errors, ensuring the highest level of precision in every payroll calculation and tax filing of your clients.
➡ By leveraging advanced technology and automation, we minimize human error and improve overall accuracy.
Timeliness
➡ We adhere to strict SLAs and deadlines to ensure timely processing of payroll and tax filings of your clients.
➡ Our team is well-versed in efficient workflows and leverages automation tools to accelerate your clients' payroll process.
➡ We maintain a detailed project management system to track progress and meet deadlines.
Communication
➡ We believe in the power of clear and effective communication.
➡ Our team is committed to responding to queries promptly and providing regular updates.
➡ We utilize various communication channels, including email, phone, and project management tools, to ensure seamless collaboration.
Reporting
➡ We provide comprehensive payroll reports, including payroll registers, tax reports, and year-end reports for your clients.
➡ Our reports offer valuable insights into your clients' payroll costs and compliance.
➡ We can tailor our reporting to meet your specific needs, providing customized analytics and insights.
Services we offer
Our Process
At AltQuad, we follow a structured and transparent process to ensure the successful implementation and management of your clients' accounting outsourcing needs.
Comprehensive Needs Assessment
We begin with a thorough assessment of your clients' current payroll processes, including:
Identifying current pain points, such as data entry errors, compliance risks, and time-consuming manual tasks.
Evaluating existing payroll systems and integrations.
Analyzing client needs and objectives, such as improving accuracy, reducing costs, and enhancing client service.
Tailored Solution Design
Based on our assessment, we design a customized payroll solution that aligns with your clients' specific requirements and integrates seamlessly with your existing workflows. This may include:
Recommendations for optimizing payroll processes through automation and technology.
Integration with your client's existing accounting software and HR systems.
Implementation of robust data security measures and compliance protocols.
Seamless System Integration
We ensure a smooth and efficient implementation process, including:
Data migration and system setup.
Comprehensive training for your team on the new payroll processes and systems.
Ongoing support and guidance throughout the implementation phase.
Dedicated Project Management
We assign a dedicated project manager to oversee the entire engagement. Your project manager will:
Monitor payroll processing activities and ensure timely and accurate completion.
Proactively address any issues or challenges that may arise.
Maintain open communication with you and your clients throughout the engagement.
Wondering who we are?
Know more about AltQuad’s core values and the leadership team. Know our why and know what drives us to serve our clients consistently better, everyday.
Our tech experience
Cloud Solutions
Enterprise Solutions
FAQ
Yes, absolutely! Offering outsourced payroll services can significantly free up your in-house team and allow you to focus on higher-value services like tax planning, financial analysis, and client advisory services.
- Increased Revenue: Generate additional revenue streams by offering valuable outsourced payroll services to your clients.
- Enhanced Client Satisfaction: Deliver accurate and timely payroll processing, improving client satisfaction and loyalty.
- Improved Client Retention: Strengthen client relationships by providing a comprehensive suite of accounting and payroll services.
- Competitive Advantage: Gain a competitive edge by offering a unique and valuable service like outsourced payroll service to your clients.
- Improved Profitability: Enhance your firm’s profitability by increasing revenue and improving operational efficiency.
AltQuad prioritizes data security and adheres to strict compliance standards to protect your clients’ sensitive information. We utilize secure data centers and implement robust security measures to safeguard client data. For more, visit our page https://altquad.com/privacy-security/
AltQuad will work closely with you to ensure a seamless integration with your existing systems and workflows. We can provide customized solutions to meet your specific needs and ensure a smooth transition. We can adapt to your existing technology stack or provide our own. We have a robust technology infrastructure that includes advanced payroll, accounting & bookkeeping tools, secure cloud solutions, and real-time reporting capabilities. We can seamlessly integrate with your accounting software and other systems to ensure smooth operations. If you prefer to use your own technology, we can work with your existing systems and customize our processes to fit your specific needs.
Key metrics include:
- Accuracy of payroll calculations
- Timeliness of payroll processing
- Compliance with all relevant tax laws and regulations
- Client satisfaction with payroll services
- Reduction in payroll-related errors and penalties
Our onboarding process is designed to be seamless and efficient. We’ll begin with an initial consultation to understand your specific needs and requirements. Once we have a clear understanding of your operations, we’ll develop a customized transition plan. This plan will outline the steps involved, including data migration, system integration, and team training. We’ll work closely with you throughout the transition to ensure a smooth handover and minimal disruption to your business.
We offer FTE model, per transaction model, fixed fee model and a hybrid model. Our billing model is flexible and tailored to your specific needs. Most common one is an FTE model with an approximate agreement to transaction times.
We are premium offshore house. We offer a cost-effective solution without compromising on quality. The exact pricing will depend on several factors, including volume of transactions, complexity of requirements, integration requirements, team size and expertise required. However, one can expect a range from $11 per man hour and upward basis above factors.
Yes, absolutely! Offering outsourced payroll services can significantly free up your in-house team and allow you to focus on higher-value services like tax planning, financial analysis, and client advisory services.
- Increased Revenue: Generate additional revenue streams by offering valuable outsourced payroll services to your clients.
- Enhanced Client Satisfaction: Deliver accurate and timely payroll processing, improving client satisfaction and loyalty.
- Improved Client Retention: Strengthen client relationships by providing a comprehensive suite of accounting and payroll services.
- Competitive Advantage: Gain a competitive edge by offering a unique and valuable service like outsourced payroll service to your clients.
- Improved Profitability: Enhance your firm’s profitability by increasing revenue and improving operational efficiency.
AltQuad prioritizes data security and adheres to strict compliance standards to protect your clients’ sensitive information. We utilize secure data centers and implement robust security measures to safeguard client data. For more, visit our page https://altquad.com/privacy-security/
AltQuad will work closely with you to ensure a seamless integration with your existing systems and workflows. We can provide customized solutions to meet your specific needs and ensure a smooth transition. We can adapt to your existing technology stack or provide our own. We have a robust technology infrastructure that includes advanced payroll, accounting & bookkeeping tools, secure cloud solutions, and real-time reporting capabilities. We can seamlessly integrate with your accounting software and other systems to ensure smooth operations. If you prefer to use your own technology, we can work with your existing systems and customize our processes to fit your specific needs.
Key metrics include:
- Accuracy of payroll calculations
- Timeliness of payroll processing
- Compliance with all relevant tax laws and regulations
- Client satisfaction with payroll services
- Reduction in payroll-related errors and penalties
Our onboarding process is designed to be seamless and efficient. We’ll begin with an initial consultation to understand your specific needs and requirements. Once we have a clear understanding of your operations, we’ll develop a customized transition plan. This plan will outline the steps involved, including data migration, system integration, and team training. We’ll work closely with you throughout the transition to ensure a smooth handover and minimal disruption to your business.
We offer FTE model, per transaction model, fixed fee model and a hybrid model. Our billing model is flexible and tailored to your specific needs. Most common one is an FTE model with an approximate agreement to transaction times.
We are premium offshore house. We offer a cost-effective solution without compromising on quality. The exact pricing will depend on several factors, including volume of transactions, complexity of requirements, integration requirements, team size and expertise required. However, one can expect a range from $11 per man hour and upward basis above factors.
