Traditionally, a paycheck is paper document issued by an employer to compensate an employee for rendered services. From an employee’s standpoint, the paycheck is the reason for their existence. All throughout history and across all industries employees have worked hard in order to get more digits scribbled on their paychecks. After all, a bigger paycheck means a bigger buying capacity. During times of economic struggle the size of one’s paycheck can determine the difference between survival and a bankruptcy claim.
Today, in the age of computers and the Internet, the traditional paycheck has been modernized in the form of electronic direct deposits. Despite the change in appearance and distribution, the paycheck still stands for the same objective. For all intents and purposes, the size of one’s paycheck is still the barometer for economic survival.
From a business standpoint, issuing paychecks to hard-working employees is not a job that is to be taken lightly. It is important that employees receive exactly what they deserve, and that means paying them on time and in an accurate fashion. Many labor strikes have ended badly simply because employers implemented unjust and inaccurate payroll practices.
For this reason, the need for efficient payroll processing has never been more prevalent. This is why several companies have come forth to provide business with services that not only offers to manage payroll and taxes, but generally streamline the compensation process altogether.
Outsourced paycheck service providers give business the benefit of having a well-organized payroll and tax system without having to build and set up office structures to house a separate payroll division. This arrangement can lead to a significant reduction in overhead costs, not to mention the invaluable time businesses can save simply by refining their payroll practices.
Many of these outsourced providers supply a wide array of paycheck services that include tax computations and web integration, among others. With web integration, companies can use a web-based application that can manage payroll data on the go, as long as there is Internet connection. This feature is especially valuable to small and medium scale businesses, which do no have the capability to establish offices for their own in-house payroll department across different branches. | 
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