Magazine article The CPA Journal

ADP, Staples Announce Payroll Services

Magazine article The CPA Journal

ADP, Staples Announce Payroll Services

Article excerpt

The increasing trend toward outsourcing payroll functions is evidenced by recent announcements from two nationally recognized companies, Automatic Data Processing, Inc. (ADP), and Staples, Inc. Whereas ADP is known for its human resources services, Staples' alliance with InterPay, a Massachusetts-based payroll processing company, marks its first foray into payroll services.

Staples, the national office supply retailer, is seeking to expand its range of services to small businesses. Will individual Federal income taxes be next?

"Customers told us that they want to focus on their core business rather than worry whether their payroll was complete or whether they accounted for employee taxes correctly," said Lisa Tanzer, director of small business development for Staples. "We see this as an opportunity to take a tedious task off the plate of the small business owner or office manager."

An estimated eight to 10 hours a month are required to process the payroll of a business with less than 20 employees. The IRS reports that more than a third of small businesses are penalized for not complying with tax regulations. Staples is betting that it can save small businesses that time and money by drawing on InterPay's expertise in payroll processing. …

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