ACCOUNTING INTEGRATION THAT IMPROVES EFFICIENCY

Taking fringe off of your payroll is a great way to cut payroll taxes and reduce workman’s compensation premiums. Your employees will appreciate the prevailing wage benefits you’ll be able to offer, and you’ll love the lowering of your job costs. But, as you know, projected and actual savings may differ if you’re not accurately computing and processing your employee benefits calculations. Which is where CPWIS can help.  

CPWIS is more than just employee benefits

At CPWIS, we have years of experience managing accounting integration for clients of all sizes, helping them to set-up accounting systems that are both accurate and efficient. In addition, we work closely with our clients to develop a customized templates and procedures tailored to their specific company, taking the hassle out of implementing employee benefits into your accounting system.

Your ‘Class-Contribution Schedule’

What is a class-contribution schedule? It is CPWIS’ proprietary template which your accounting staff will use for calculating employee benefits payments by class. Custom-tailored to the specifics of your company’s benefits plans, it accurately calculates your  benefits contribution requirements by class of employee.  Besides assisting your staff in setting-up the required payments in your accounting system, our ‘Class-Contribution Schedule’ will also assist produce the required Fringe Benefit Statement or Statement of Employer Payments and Schedule A’s required by our benefit plans! Finally, if your company is manually tracking benefit contributions, the ‘Class-Contribution Schedule’ will be an invaluable asset, insuring accurate benefits payments for your employees.

CPWIS knows how to integrate employee benefits

CPWIS will work closely with your company, taking the hassle out of implementing new employee benefits. In addition to creating your ‘Class-Contribution Schedule’, we can also help with:

• Prevailing wage education

Working with your staff to insure that they have an accurate understanding of the rules and regulations that govern prevailing wage filing and reporting

• Payroll processing consulting

Reviewing your payroll methods and filings to insure accurate accounting of prevailing wage fringe benefits

CPWIS is here to help you with accounting integration

Whenever you put a new employee benefits strategy in place, even one that’s going to save you money, it can be disruptive. That’s why we’ve created our ‘Class-Contribution Schedule’, to help make it easier for you to pay, and report, your prevailing wage benefits.  With CPWIS as your partner, you can be confident that we will be there every step of the way to insure that your transition is thorough and successful.

So contact us (or have us contact you!) and let us show you how we can help you to take the fringe off of payroll and then set-up the accounting systems necessary to accurately, and effectively, track those fringe dollars. You’ll be glad you did.