Discovery Channel Features Payroll Innovations
SurePayroll Highlighted as Industry Competition Intensifies
GLENVIEW, IL — September 21, 2015 — As the payroll industry has become increasingly competitive with a number of players fighting to provide businesses better solutions for paying employees and navigating complicated payroll taxes, Discovery Channel will feature innovations in the market on Wednesday, Sept. 23, at 7:30 a.m. EST and 7:30 a.m. PST.
Innovations TV with host Ed Begley, Jr. chose to highlight the industry and SurePayroll, the first company to create a completely online solution for small business owners needing an accurate and efficient way to pay employees and handle payroll taxes.
SurePayroll was chosen because of its combination of pioneering technology in the payroll space and for its longevity of 15 years in a crowded and changing marketplace.
There are nearly 30 million small businesses in the U.S., according to the latest Census Bureau numbers, and outsourcing payroll and HR has become a growing trend as providers pursue the market opportunity.
"There's a lot of competition around technology right now in the payroll industry. What's sometimes lost is that service still matters," said SurePayroll General Manager Andy Roe. "That's what we believe it takes to survive and grow in this industry. Yes, we're going to continue to change to meet customer expectations in terms of our interface, mobile responsiveness and security. But at the end of the day, particularly for small business owners, this is their livelihood and they want to work with other companies that care about them as people and understand their needs."
Roe said the industry is receiving more attention because the complexities of regulatory compliance continue to mount on the national, state and even local level.
"We're all trying to simplify that piece for the business owner, so they can focus on what they're best at, whether that's software engineering or making cupcakes," he said. "The costs now to outsource an essential task like payroll have become reasonable and it's not worth it for many business owners to take on themselves. As more players emerge, though, it's important that they do their homework on which payroll companies are reputable. Who will provide the support you need regarding tax and compliance regardless of where you are in the country? Penalties and fines can be quite severe, so it’s important business owners reduce those risks."
The Discovery Channel program will also look at other innovative industries including satellites (Kymeta Corporation) and computer simulations (Ternion Corporation), as well as the Innovation Conference in Austin, Texas.
For more on payroll and tax trends, visit SurePayroll Blog.
SurePayroll is the trusted provider of easy online payroll services to small businesses nationwide. Whether a business has 1, 10, or 100 employees, SurePayroll delivers peace of mind by combining innovative, industry-leading technology and personalized support from an award-winning, U.S.-based customer care team. SurePayroll also provides private-label and co-branded services for accountants and banking partners as well as offering efficient online solutions for managing 401(k) plans, health insurance, workers' compensation, employee screening and more. SurePayroll is a wholly owned subsidiary of Paychex. For more information, please visit www.SurePayroll.com. Follow us on Twitter— Circle us on Google+ — Connect with us on LinkedIn — Like us on Facebook.
Paychex, Inc. (NASDAQ: PAYX) is a leading provider of integrated human capital management solutions for payroll, HR, retirement, and insurance services. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. Backed by more than 40 years of industry expertise, Paychex serves approximately 590,000 payroll clients across 100 locations and pays one out of every 15 American private sector employees. Learn more about Paychex by visiting www.paychex.com and stay connected on Twitter and LinkedIn.