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

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

Extra Services W-2 & 1099 preparation, Workers Compensation Insurance and Time & Attendance Solutions

TRADESMAN TAVERN Kimberly Schmidt

• Why HPS?

We were just about to open our restaurant when the Heartland representative approached us about outsourcing

• ur 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!