ABCO Payroll Services®

Reprinted from the Manatee Chamber of Commerce Current Magazine - Feb. 2003

Member Spotlights
ABCO Payroll Services, Inc.
4301 32nd Street West, Suite D-4, Bradenton, FL 34205
941-755-9511

All businesses need to have their payroll processed. Some choose to do their own, some businesses use a service so that they may concentrate on their business and not worry about payroll taxes, quarterly reporting or W-2's.

Enter ABCO Payroll Services!

Though ABCO Payroll Services is just two years old, Roger Reynolds, President and owner of ABCO Payroll Services Inc., has spent 12 years working for other payroll service companies that were eventually bought out by big national firms. He decided that the only way to insure that his clients continued to receive the personalized services they had grown accustom to getting from him ... was to start his own payroll service. ABCO now has five employees and Roger says, "We offer the kind of flexibility and personalized services that only an independent payroll service can provide."

"It feels good to help businesses succeed." Roger Reynolds, President of ABCO Payroll Services, adds, "In the payroll business it's the quality of the people that make the difference. Our people have over 30 years combined payroll processing experience. We know how to take care of our clients."

Through the years Roger had developed a good personal relationship with workers' compensation carriers such as; FCCI, Zenith, Am Comp, Summit and Associated Industries and the agents that represent those companies. "We work with insurance agents allowing clients that choose to pay for their workers' compensation insurance on a pay-as-you-go basis. When our payroll services are combined with what insurance carriers offer, we can provide many of the services of PEO's at a fraction of the administrative cost."

Payroll service companies can calculate payroll, adhere to the latest tax obligations, print and deliver checks, and provide management reports.

Despite the potential savings, cost is not the primary reason why most firms make the outsourcing leap. Rather, they begin using a payroll service that they realize they're saving money.

Ask yourself the following questions. If you can't answer yes to all of them, you will probably want to consider using a payroll service:

• Can you handle the calculations and details of your payroll with complete with complete confidence that it is precise, timely, and accurate?
• Is your staff under 20 people?
• Do you understand all of the details related to filing your payroll taxes as a company and for each of your employees?
• Do you have an automated payment system or a system in place that will issue payments effectively and on schedule?
• Do you have the time and staff to verify the accuracy of all these operations?

In regard to his company's membership in the Chamber, Roger says, "it offers important opportunities for contact with other business owners, and being referred by the Chamber to businesses seeking a payroll service is a definite advantage."