The Buzz

Bookkeeping solutions that work for you (yes, YOU) (Sponsored by Payworks)

There are plenty of reasons why bookkeepers all across Canada depend on Payworks

If “book balancing” is often listed as one of your favourite hobbies, then you’re certainly well aware how much technology has changed the way you’ve done your job over the last decade.

Are you using these new innovations to your full advantage, though?

With Payworks, Canadian bookkeeping professionals (like you) don’t have to struggle with balancing paperwork, sticky notes, and emails in order to meet client deadlines for payroll, time management, and reporting. You can enjoy workforce management solutions that make it exceptionally easy to streamline administrative tasks, so you can serve your clients efficiently and effectively.

Sound too good to be true? Skeptical? Cautiously curious?

Keep scrolling to have your questions answered.

“What do you offer specifically to Canadian bookkeepers?”

Here’s the short answer: a lot.

In addition to great products and support, you receive dedicated resources like partner materials and personalized, one-on-one walkthroughs. You can enjoy a transparent and predictable pricing model (with preferred rates) without any upgrade or license costs.

We get it, there’s a lot of trust involved when you work with a partner, and we take that seriously—we ALWAYS have our partners' backs.

“Are your solutions flexible for clients with varying workforce management needs?”

Yes!

Each Canadian business is obviously unique. They have different employee counts, reporting requirements, and more. That’s why every single one of our solutions is scalable—choosing Payworks means choosing workforce management solutions that empower your clients and help them (and you!) to be successful both today and tomorrow.

“How do you aid in compliance?”

With late payments directly impacting your reputation and your client base, it’s safe to say that proper compliance is critical.

To help you with this, we handle government remittances at no extra charge—they’re calculated by our Payroll application and submitted to the Canada Revenue Agency (CRA) and Revenu Québec (MRQ) on your behalf. We also submit Records of Employment (ROE) to Service Canada, and, upon request, most provincial and WCB premiums can also be remitted directly by Payworks.

Leverage our automated stat pay calculator, vacation pay elements, and benefits enrollment, all of which help maximize efficiency while maintaining accuracy, and enjoy full access to our consolidated legislative resources.

Plus, your dedicated Payroll Compliance Practitioner (PCP)-trained Client Service Representative (CSR) is just a click or call away!

“Does this dedicated support apply to multiple clients?” 

Each and every one of our partners and clients receives personal and consistent service.

That’s not just empty talk either! Primary account administrators are assigned the same dedicated PCP-trained CSR for their client accounts to help with those fun, bookkeeping-specific challenges.

They’re there for you, and they know you by name.

What does year-end look like? 

It’s different—but in a good way!

First of all, a convenient “Warnings” widget operates on the platform year-round, so you can stay on top of administrative tasks before you have to put out any stressful, last-minute fires.

Then, our complete year-end package includes the following (all of which help eliminate burnout and minimize stress):

• Interactive checklist to keep you on track and compliant in meeting year-end processing deadlines
• Simplified year-to-date adjustment with tax form previews and instant reports (no processing runs required!)
• Seven years of archiving
• Electronic tax form information submission to CRA/MRQ on your clients’ behalf 

“What are the levels of reporting?” 

Looking for a standard report? You can check out our comprehensive library of standard reports.

Need something custom? Try our user-friendly reports builder for ad hoc reporting and Workforce Analytics to evaluate organizational performance at a glance.

All reporting is electronically available and accessible anytime—from recent data to historical reports and year-end reports. Say goodbye to the hassle (and cost) of having to courier a huge package of paper files to each client and welcome the peace of mind of knowing that info is being delivered securely.

Mapping out payroll costs in our system makes for an easier data transfer into accounting systems, and for larger journal entries, our custom Excel exports work seamlessly in saving time and eliminating the potential for input errors. If custom journal entries are of interest, all you have to do is speak to your sales representative.

When it comes to reporting, you will be more than covered.

“What’s the implementation process like?” 

It’s all centred around you and making your life easier. 

It starts with our experts working closely with you to identify your unique needs. Once a solution that works specifically for you has been created, your dedicated support team will onboard you. This consists of detailed training and a smooth transition.

The Payworks platform integrates seamlessly into your existing workflow. 

“Where do we go from there?” 

Wherever you want!

We’re all about helping to empower both you and your clients. There’s no need to fret if your business continues to grow (that’s a good thing, after all!) because the Payworks platform is super intuitive and easy to use—so much so that some of our bookkeeper partners set up new client themselves!

That doesn’t mean we’ll be hands off, though. You’ll get unmatched client support (in both official languages) from experts who truly understand what it takes to be a successful Canadian employer.

As your book of business grows, our team will be right there alongside you.

It’s time to experience bookkeeping bliss!

You deserve the best, and so do your clients.

See how Payworks can help you reclaim your time and your spark here.