The world is full of dreamers. Everyone’s got that one thing — that grand idea they feel the world simply can’t live without — that they’d love to turn into a moneymaking venture. But it’s often the business side of things where many dreamers come crashing back down to reality.
To turn your dream into a viable business, you simply have to get the business part right. And in order to get the business part right, you have to get payroll right. But the good news is you can, and it’s not as hard as you think.
Why perfect payroll is so pivotal
Whenever I vet potential partnerships or investments, numbers are one of the first things I look at. If things don’t add up, whether it’s payroll, sales figures or expenses, a great idea quickly loses its sheen and I move on.
But beyond lost investment opportunities, there’s so much hanging on payroll specifically. Its significance is huge, as is the responsibility to get it right. There’s just so much at stake!
It has to be 100% accurate 100% of the time or else you risk everything from unhappy employees to hefty fines and penalties. And if you’re trying to do payroll all by yourself with manual processes or clunky tech? Forget about it.
Why Beti is a better way
When it comes to grand ideas and perfect payroll every time, bet on Beti®. Beti is Paycom’s industry-first employee-driven payroll, and it’s a game-changer. Anyone familiar with Paycom knows that employees already manage all other components of their paychecks, including timecards, expenses, PTO requests and benefits. Now, with Beti, they have the convenience within Paycom to process their own payroll. How you might ask?
As each cycle rolls around, Beti identifies errors and guides employees to resolve them before submission. Now, employees can take what they started all the way to finish line, and with that kind of access and insight, they’ll know their paycheck is correct and won’t experience surprises when payday rolls around.
For you, that level of employee-driven payroll accuracy is going to be a load off your mind as well as your plate. Everything you used to worry about going wrong suddenly goes right. Now, the payroll process happens in fewer steps and, in some cases, fewer days. And with greater accuracy comes reduced employer liability and a major decrease in direct deposit reversals, manual checks and payroll voids — all while retaining full visibility into the process.
So don’t shortchange your business dreams by settling for anything less than perfect payroll. And above all, don’t discount your employees’ ability to help you achieve it. Because with Beti, they easily can.
DISCLAIMER: The information provided herein does not constitute the provision of legal advice, tax advice, accounting services or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional legal, tax, accounting or other professional advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation and for your particular state(s) of operation.
