HPS Payroll Presentation Heartland Payroll Services Full service - PowerPoint PPT Presentation

HPS Payroll Presentation

Heartland Payroll Services • Full service national payroll provider servicing small business from Hawaii to Maine. Full Service – These are but a few of the examples of Full Service - Gross-to-net employee payroll processing - Ensure that the appropriate taxing authorities (local, state & federal tax) guidelines are maintained. This service provides compliance and accuracy of payment to eliminate penalties. - Report all employee new hires to the appropriate state & federal agencies - Employees get paid on-time and accurately • National Processing Center – Cleveland Ohio

HPS’s Business Strategy • Provide payroll services to merchants that employee under 200 employees per FEIN (Federal Employer Identification Number), target those likely to utilize the web for payroll input and receive payroll distribution electronically. • The Heartland Advantage – Personalized Local Service – Customized Payroll Product – Product Flexibility – Professional Payroll Staff – Reliable Payroll Technology

What is payroll? • Payroll is the amount money paid to an employee over a set amount of time. • Payroll involves calculating total income, employee / employer taxes and voluntary deductions, (health insurance, 401K) to determine an employees net pay and total taxes due. • It is critical that payroll is handled in an accurate and efficient manner. • The IRS estimates that the average fine for late or inaccurate filings is $850. • The #1 reason why merchants outsource their payroll is for tax compliance.

Heartland Payroll = Non-Event Paying employees accurately and on time “Gross Pay” minus - FICA Taxes - Federal income taxes - State income taxes - Local taxes - Elective deductions (health ins., 401K) Equals “Net Pay”

What type of merchant is a good fit? • Anyone who pays employees

Why merchants bought from HPS • “Paychex was the provider in both situations and the savings was the winner!” • “Trusted Heartland and loved the Online Payroll and printing their own checks.” • “The merchant wanted direct deposit & full tax service from their current processor but the fees were to high. Now HPS does both their credit card and payroll service.” • “They felt that having one person and one company responsible for both credit card & payroll services was a benefit to them.” • “I have had SO many service problems with my current vendor.” • “I explained the features and benefits of our payroll and how we know the restaurant business.”

What is our suite of products? Overview of Heartland Standard Payroll Services  Year-to-date data with every payroll  National company with local  Over 100 standard & special reports representation  to choose from - Including restaurant Single point of contact for TEFRA & Tip reporting customer service - Assigned  New Hire Reporting team member   Adding & terminating employees 24x7x365 Customer Service Support  Garnishments  Web Internet Payroll Processing  Benefit Accrual Tracking and – payments – Health, 401K, Vacation & Anywhere/Anytime access to your company’s information more   Direct Deposits – up to 6 electronic Payroll checks with earning statements bank transfers per employee   Split wrapped payroll – different Remote check & report printing capabilities locations (plus shipping)   PayDay Visa Card – Employee pay Check signing & stuffing in window envelopes and card program company logo Extra Services  Full Tax or Tax alert service W-2 & 1099 preparation, Workers  Filing of quarterly & year end Compensation Insurance and Time & tax returns with various tax Attendance Solutions authorities  EFTPS – Electronic federal tax payment system

TRADESMAN TAVERN Kimberly Schmidt • Why HPS? We were just about to open our restaurant when the Heartland representative approached us about outsourcing our payroll. He was very informative of what we should expect from a payroll service provider. The pricing was simple and straight forward. Some of the other payroll companies we reviewed didn’t give us the complete pricing structure on their quotes. We choose Heartland because their pricing was very competitive with no hidden charges.

ECOM MORTGAGE Sharon Repine • Why HPS? We were reviewing our employee benefits and other company services we had been using. We just wanted to make sure that our rates were in line. Heartland’s quote saved us close to $2,000! What was even more attractive was reducing payroll time from 2 hours to less than 1 hour. This was achieved by processing payroll with Heartland’s awesome tool “Payroll Online”. What a great decision this turned out to be!

Thank you!