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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
COPYRIGHT 2005 American Institute of CPA's
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Journal of Accountancy
Article Type:Advertisement
Date:Sep 1, 2005
Words:263
Previous Article:Payroll and HR solutions.(Special Advertising Supplement)(Advertisement)
Next Article:'What today's CPAs seek in payroll and benefits solutions: most are 'satisfied' with their vendors, but many exploring alternatives. Opportunities...



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