The case for payroll outsourcing.Sponsored by ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing. (2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. Small Business Services At ADP it's it's 1. Contraction of it is. 2. Contraction of it has. See Usage Note at its. it's it is or it has it's be ~have about flexibility and choice. The accountant community has been and continues to be a valued partner for ADP. ADP is committed to providing accounting professionals with the tools and resources they need to further their professional development, which can help them to increase their productivity and profitability. For accounting professionals who partner with ADP, the keyword is choice. More accountants are choosing to outsource payroll and other time-consuming time-con·sum·ing adj. Taking up much time. time-consuming Adjective taking up a great deal of time Adj. 1. services in order to expand their practice, especially into business advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , which command higher fees and generate bigger profits. For example, some accounting professionals choose to do payrolls for their clients and use ADP's specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. tools for assistance. And, some may choose to do both--simple payrolls for some clients, outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. the difficult payrolls to ADP. When accounting professionals partner with ADP, they choose how ADP can best assist them and their clients' administrative needs.
Figure 1
How satisfied are you with your current
payroll and benefits system?
(rating on a scale of 1-5 with 5 being "completely satisfied")
ALL CPAs 3.60
Public Accounting 3.71
Business If Industry 3.49
Small Firms 3.69
Medium Firms 3.50
Large Firms 3.59
Source: Bay Street Group, LLC
Figure 2
Payroll/HR solutions CPAs are using
and considering *
Solution Using Would
Now Consider
In-house software 55% 45%
In-house Web based 7% 35%
Outsource to payroll agency 39% 34%
Outsource to PEO 3% 5%
In-house manually 7% 1%
Outsource to accounting firm 1% 4%
Source: Bay Street Group LLC
* Totals exceed 100% due to multiple responses
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