It’s essential to closely manage company payroll in a way that best suits your specific business needs and supports your employees. Given the complexities of state and federal taxes and the importance of paying your staff on time, keeping good records sets you up for success as your business grows—whether you’re bootstrapping a startup or managing a team.

Payroll can be a pain. Staying FLSA (Fair Labor Standards Act) compliant requires accurate accumulation and processing of employee time data each pay period in order to ensure your team members are paid on time and in full. The process, especially when handled manually, costs time and effort – but not going through it can open you up to lawsuits.