Apex HCM Blog

S3 Series | Tips for Pitching and Pricing Your Payroll Services | Apex HCM

A recent survey of American entrepreneurs revealed that 23 percent rank landing new clients as their top challenge and 16 percent struggle with setting the right pricing for their services and products. Many payroll service bureau owners and managers wholeheartedly agree. Fortunately, pitching prospective customers and upselling existing clients can be the easier part when you’ve got the right payroll … Continued

S3 Series | Five Things a Great Payroll Software Should Do | Apex HCM

The global payroll and human resources market value hit $17.2 billion in 2016 and is expected to rise to $41.6 billion by 2026, according to a Transparency Market Research report. During this time 80 percent of enterprises plan to purchase or upgrade their payroll and HCM platforms. This reflects enormous opportunity for payroll software and service bureaus – But only … Continued

S3 Series | Mobile Payroll: Employer Benefits, Payroll Service Bureau Opportunities | Apex HCM

In a recent Deloitte survey on global payroll operations trends, researchers found that use of online payroll self-service functionality is increasingly popular, with 83 percent of responding employers offering employees the ability to, at a minimum, view pay statements online. But the savviest payroll and HCM software and services providers are taking it step further, offering apps that extend that … Continued

S3 Series | Top Benefits of Payroll and HCM Integration | Apex HCM

Once upon a time, payroll was its own thing, as were human resources, benefits, talent management and time and labor. Each was a fully separate department with related but ultimately independent functions. No more. Today, payroll and HCM (Human Capital Management) functions are increasingly singular services entity. And if your payroll service bureau isn’t offering an integrated solution, you’re already … Continued

HCM Tips for Payroll Service Bureaus Serving Small Businesses | Apex HCM

Whether a small startup or an enterprise-level industry giant, employers all need a few of the same basics when it comes to payroll and human capital management (HCM) and every single one of them stands to benefit from cloud-based HCM software and services. Some just don’t know it yet, but HCM technology market trends assure they will soon. In Deloitte’s … Continued

Year-End Preparation Tips for Payroll Service Bureaus | Apex HCM

A new year is fast upon us. If you haven’t yet begun your year-end preparations, “You’re behind the 8-ball,” say Greg Javins and Brian Perkins of Apex HCM. Planning, planning, planning,” is top priority says Javins, Apex’s Vice President of Operations. “Having a good game plan in going into year-end as to how you’re going to tackle bonus payrolls; how … Continued

S3 Series | Three Payroll Mistakes DIY Employers Make | Apex HCM

According to a recent report by Raleigh, NC-based procurement intelligence firm Beroe, Inc., the global market for payroll outsourcing will rise to upward of $22 billion next year – up from $16.4 billion in 2015. If you’re starting or building a payroll service bureau, a share of that growing opportunity can be yours if you understand just how outsourcing payroll … Continued

New Federal W-4 – and What it Means for Clients | Apex HCM

Drawing on input from payroll professionals and taxpayers, the US Department of the Treasury and the IRS released a new design for the Form W-4, Employee’s Withholding Allowance Certificate, for calendar year 2020. Yes, it’s one more thing on the tax-time to-do list. But, according to Apex HCM’s Vice President of Product Management, Wes Muschara, it’s also “an opportunity for … Continued