What is payroll?

Your employees are some of your most valuable assets, and payroll is the way you compensate them for the work they provide. It can take the form of cash, medical benefits, and other associated perks, all of which add to a package’s total value. Compensation can play a major role in your ability to recruit the best talent, it can help your reputation as a company, and it can serve as a barometer of your success within your industry. But payroll is more than just calculating withholdings and cutting checks.

• Employee morale and productivity can be influenced by their compensation – and not just the amount, but also how and when it’s delivered.
• Adhering to regulations at all levels can protect you from legal action.
• Improper payroll management can lead to deficits and overdrafts if not addressed quickly.
• The ability to address employees’ concerns promptly and concisely leads to a reputation for transparency and greater trust within your company.

Whether you have a dozen employees or a hundred, payroll is an important enough function that it’s worth it to engage a professional to make sure it’s done right. GraphX’s payroll services help keep your business running smoothly by keeping those valuable assets financially compensated, in full and on time.

Why should I trust my payroll to GraphX?

We understand the nuances of payroll. Payroll can get complicated. Benefit arrangements can be complex. Government regulations and tax procedures change on a seemingly weekly basis. Our team of experts is trained and skilled at administering payroll according to industry best practices, and in researching and applying the most up-to-date regulations and procedures. This keeps your employees happy, and it keeps you safe from the legal hassles associated with improperly managed payroll taxes.

We have connections. GraphX has close working relationships with most leading payroll processors. Functioning as your de facto payroll manager, we can leverage those relationships on your behalf to get the most out of your current infrastructure, improve service levels, and decrease the costs associated with outsourcing your payroll functions.

Employee relations are more pleasant when you aren’t thinking about money. You have a responsibility to cultivate a positive working relationship with your employees. When neither of you is worried about paychecks, benefits administration, or taxes, you can focus on professional performance and your ability to function as part of a company unit. We’ll handle the less-friendly aspects of the employer-employee relationship so you don’t have to.

Our end-to-end system keeps things connected. Our comprehensive suite of financial services is driven by a system that integrates the accounting functions you need. Slow data transfer, misplaced documents, transcription errors, systems that don’t communicate – anything that slows down the process and makes it less efficient ultimately costs you money. When payroll is in communication with general ledger and accounts payable, our job is more effective and your business runs more smoothly.

Staff Management

Keeping your workforce organized, informed, and compensated is good for your business and your reputation as an employer. We handle the essential functions associated with starting, performing, and, when necessary, ending work at your company.

• New hires
• Time and attendance
• Terminations

New hires. 

We make new-hire payroll setup easy, from processing paperwork and arranging initial payments to complying with regulations for reporting and hiring compliance. You just focus on getting your new hire settled in.

Time and attendance. 

If you’re still using paper timesheets or out-of-date software, we can help get you up to date with systems that maintain records and reports that make the payroll process that much smoother. Keep accurate track of time, attendance, and time-off accrual so that you can allocate labor and monitor productivity.

Terminations. 

No one likes to think about terminating employees, but it does have to happen from time to time. GraphX takes some of the sting out of the process for you by managing the final disbursements – earned and unpaid wages, unused time off, severance – and generating detailed records for future reference, should a dispute arise in the future.

Payroll Processing