IOI is a national provider of payroll and employer outsourcing services. A leader in payroll processing, tax filing and human-resource administration solutions, IOI can help your company maximize efficiency while reducing bottom line costs. The IOI team strives to provide the highest quality of customer service along with cutting-edge, scalable solutions to fit your business needs.
Automating reports, streamlining processes, and storing confidential data in one combined payroll/HRIS system are just a few ways that outsourcing payroll can help your company become more efficient.
Reduce Operating Costs
Checks, check vouchers and envelopes, printer maintenance, ink, software, software upgrades, network and server capacity, fees for direct deposits, and data storage. The costs associated with all of these components, in addition to the time it takes to process payroll in-house, can add up quickly. Companies that outsource typically see a significant reduction in these operating costs.
Rules and limits for deductions, garnishments and child support, new hire reporting, record retention, and data security are areas with ever-changing requirements. Outsourcing to a provider with a staff of professionals focused on staying up-to-date with payroll and tax regulations allows your organization to manage and control multiple steps and processes with ease.
Manage Payroll Taxes
Keeping up with different state, city, and locality payroll tax updates can be time consuming and confusing. Nationwide, all state and locality taxing requirements are built into IOIPay. Limit the potential for hefty tax penalties due to untimely deposits by outsourcing your payroll tax filing. Payment verification is available through the Electronic Federal Tax Payment System (EFTPS).
A web-based payroll system with a mass historical archive allows your company to reduce paperwork, secure confidential data, and conveniently access your information 24/7 from any secure internet connection.