How to Use Gusto For Your Small Business
Are you a small business with at least one employee?
If the answer is yes, let’s talk about payroll.
If the thought of discussing payroll makes you uneasy, don’t worry, we are here to talk about a platform that makes it easy!
Now wipe the sweat off your brow and take some deep breaths while we tell you about Gusto.
What is Gusto?
Gusto makes payroll easy. Yes, we said EASY. This full-service payroll and HR platform makes your lives as small business owners a little bit less stressful.
The service focuses on automating processes like filing local, federal, and state taxes, W2s, and 1099s.
This 100% cloud-based platform also allows you to integrate with accounting programs like QuickBooks and Xero for a more streamlined process.
They currently service over 100,000 small businesses and are expanding every day.
How It Can Benefit Your Business
Gusto’s platform can serve as a stand-alone payroll service or a fully functional human resource tool as well.
Chances are, if you have a small business, you don’t have an entire HR or Accounting department to handle all the tasks that Gusto can assist with.
We mentioned some of the prominent features of Gusto above, but keep reading to learn more about what this revolutionary platform can do for your business!
Payroll Service
Gusto’s software can be set up to run your payroll in minutes, not hours.
If your payroll doesn’t change much from week to week, you can even set it up on autopilot to run it without having to lift a finger!
Once your company grows and you implement bonuses, commissions, or any other payroll addition, you can change from autopilot and still process payroll in less time than before!
The platform also automatically files your payroll taxes and gives you peace of mind when it comes to payroll errors and redundancies.
Gusto’s ever-learning technology keeps you up to date on the current tax laws and automatically makes the changes for you.
Your employees and independent contractors will also enjoy the convenience of easily tracking their hours, breaks, lunches, and days off with the simple system.
You no longer have to struggle with understanding compliance because 3 out of 4 users say that Gusto makes it easier to understand!
You have the ability to pay your employees in 3 ways: direct deposit, prepaid debit cards, and printed checks. For employees who don’t have direct deposit set up, you can give them a Gusto debit card, automatically adding funds to the card on payday.
The payroll benefits that Gusto provides are endless, and 85% of current Gusto users say it is easier to use than their previous payroll provider!
Human Resources
As stated above, you might be a small business without an HR department, but that doesn’t mean you can’t still have a fully functioning HR service at your fingertips!
Gusto provides a wealth of HR resources, including the creation of offer letters, employee handbooks, organizational charts, employee directories, and more.
You’ll also enjoy the benefits of having HR specialists on hand to give you advice on HR-related situations, compliance help, and harassment prevention training.
Interested in adding employee benefits to your business? Gusto has you covered. They can set you up with employee health care management (medical, dental, vision, life) and employee financial management (401K’s, short term and long-term savings)
Set Up Gusto Today
If you’re interested in learning more about how Gusto can improve your payroll and HR processes, connect with us today! Our team can help set you up, walk you through the processes and integrate the platform with QuickBooks or any other cloud accounting platform. We can also help you add other accounting tools to your arsenal, such as Expensify (read our latest blog on how to use Expensify) and Bill.com.
When you partner with us here at Redmond Accounting, you can count on us to support you throughout the life of your business and help you adapt and change your accounting processes as you grow and scale!
