How Payroll4Construction Transforms Construction Payroll

Payroll4Construction is a construction payroll service that is shifting the way contractors manage their payroll requirements.

Construction payroll offers unique challenges that can be difficult for contractors to manage internally. Contractors need to have a plan in place to address:

• Prevailing wage rates and fringe calculations
• Certified payroll reporting
• Union tracking and reporting
• Multi-rate, state and union on a single timecard

These challenges can be overwhelming, regardless of a company’s size. To avoid time-consuming and costly errors, many contractors are investing in construction payroll services, such as Payroll4Construction, for their payroll processing needs.

Below, we’ll explore some of the benefits and features contractors can expect to receive from Payroll4Construction.

Key Takeaways

• Payroll4Construction saves contractors time on construction payroll while helping them avoid costly errors and compliance issues.
• Contractors submit employees’ timecards to Payroll4Construction then they receive accurate payroll calculations in a few easy steps.
• With Payroll4Construction, contractors receive access to real-time construction reports at no additional cost. These reports help them remain compliant with government regulations while helping them make more informed decisions.
• By investing in Payroll4Construction, contractors can connect their time tracking, payroll, accounting and human resources (HR) data to improve accuracy and maximize productivity.

How Payroll4Construction Improves a Contractor’s Payroll

Payroll4Construction has a team of dedicated, in-house construction payroll experts who can simplify a contractor’s entire payroll process.

From calculations to reporting and tax filings, Payroll4Construction can handle it all.

Here’s a quick breakdown of how Payroll4Construction works:

1. Contractor uploads their employees’ timecards into Payroll4Construction
2. Payroll4Construction’s in-house payroll experts accurately calculate payroll while factoring in prevailing wages, multi-rate, trade, state and union scenarios
3. Payroll4Construction sends payroll information to contractors for approval
4. After it’s approved, Payroll4Construction mails checks and submits direct deposits for each employee.
5. Payroll4Construction also immediately compiles construction payroll data into construction reports (ex., certified payroll, workers’ compensation, union, etc.), which contractors can access at no additional cost.

Payroll4Construction makes compliance easy, freeing up time to focus on other areas of your business.

Save Time on Payroll

Construction payroll can be a tedious process. Whether it’s running accurate calculations for each employee across multiple states, trades and unions or compiling the necessary information into certified payroll reports, construction payroll can seem like a never-ending challenge.

But Payroll4Construction makes it easy. In just a few simple clicks, contractors can:

• Receive accurate payroll calculations
• Obtain the financial reports they need to remain compliant and make informed decisions
• Mail checks and submit direct deposits for each employee

By outsourcing construction payroll to Payroll4Construction, contractors can focus on growing their business instead of lengthy payroll processes.

Easily Maintain Construction Payroll Compliance

Payroll4Construction is prepared to help contractors remain compliant with:

• Automated prevailing wage rates and fringe deductions
• Multi-state, rate, trade and union payroll calculations on a single timecard
• Union reporting and tracking
• Tax filings, direct deposits and government reporting

Payroll4Construction gives contractors access to a responsive team of construction payroll experts.

Not only can they complete most of the payroll process for contractors, but they also serve as an invaluable resource if contractors have questions about payroll compliance.

Simplify Multi-State, Rate, Trade and Union Payroll and Year-End

Construction contractors face complex payroll challenges when expanding operations across multiple states and union jurisdictions. These changes can lead to concerns regarding compliance with labor laws like the Davis-Bacon Act.

To remain compliant with prevailing wage requirements and union regulations, contractors must have a plan in place that involves accurately calculating multi-state, rate, trade and union payroll. In many cases, relying on a few internal employees to manage this workload can lead to inefficiencies, delays, costly errors and payroll disputes.

Payroll4Construction’s team of experts can provide contractors with accurate multi-state, rate, trade and union calculations for approval and then, once approved, send out direct deposits and checks to the workforce.

In addition to providing accurate calculations, Payroll4Construction can also streamline contractors’ year-end tax filings by:

• Distributing W-2s to employees
• Managing important deadlines
• Ensuring compliance with labor and tax laws
• Offering detailed recordkeeping

With Payroll4Construction, contractors get access to a team of construction payroll experts who can make complex calculations and year-end tax filings hassle-free.

Connect Payroll With Time Tracking, Accounting and HR

Payroll4Construction integrates seamlessly with time tracking, accounting, and HR systems to eliminate data silos.

With Payroll4Construction, contractors can:

1. Seamlessly sync data from their time tracking software to Payroll4Construction.
2. Perform accurate payroll calculations and factor them into their job costing within their construction accounting software.
3. Get their payroll data to flow directly into their HR software, make quick adjustments to tax and benefit information and reduce their overall administrative burden.

By using Payroll4Construction, contractors save time, improve data accuracy and maximize productivity.

Start Your Journey Payroll Journey With Payroll4Construction

Payroll4Construction simplifies construction payroll. Our team of experts can help you set up automated prevailing wage rates and fringe deductions to ensure you get accurate payroll calculations the first time.

Our free construction reports give you unique visibility into your payroll and operations so you can make more informed decisions and remain compliant with government regulations.

By investing in Payroll4Construction, you can also begin building a powerful tech stack of integrated administrative solutions to:

• Reclaim time
• Enhance accuracy
• Maximize your team’s productivity

For more information about how Payroll4Construction can guide you toward stress-free construction payroll, speak with an expert now.