The Real Cost of Doing Payroll In-House and What to Do Instead

Episode notes

You didn’t start your firm to become a payroll processor. But for many accounting firm owners, payroll has become a time-consuming, low-margin burden. 0:00 - Intro: The hidden cost of in-house payroll2:15 - Why accounting firms take on payroll (and what they miss)6:47 - When payroll becomes a burden, not a benefit10:32 - Payroll pitfalls: Compliance risks and ROI blind spots14:59 - Smart alternatives: How to transition payroll with confidence18:33 - Using ADP tools to boost advisory services22:41 - Passive revenue and choosing the right payroll partner When you're constantly stuck in compliance tasks like payroll, your capacity to serve quality clients, and grow revenue, takes a hit. Whether you're solo or managing a team, trying to handle everything in-house comes at a cost: your time, your energy, and your ability to scale.

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