You need to outsource your practice payroll if ...


You need to outsource your practice payroll if ...

Before ditching in-house checks, consider the cost savings, quality of services, and the expertise of the payroll company.
Jul 12, 2010
By staff

The right time to turn over payroll work to an outside party is different at every veterinary hospital. But Susan Pfeiff, CVPM, practice manager at University Animal Hospital in Tempe, Ariz., in the Veterinary Hospital Managers Association newsletter says the following should be true before you take the leap.

1. The cost savings is significant. Compare the cost of a third-party payroll service to your in-house cost in labor, resources, and equipment to handle payroll internally. Don't forget to consider the revenue that could be generated by freeing up your practice manager or team member who's currently handling this task.

2. The quality of the work will improve. Is a qualified person handling payroll inhouse and keeping up with rules and regulations? Do you increase or decrease risk and liability by managing payroll in the hospital?

3. The company has the necessary knowledge. Does handling your practice's payroll require a grasp of the core functions of a veterinary hospital? Make sure any payroll company can handle any special requests you have.

If you decide to use a payroll company, ask for references from your colleagues and only sign up for services you really need. Go ahead and get quotes if you're interested, Pfeiff says. It doesn't cost anything to window-shop.

Hot topics on dvm360

Veterinarians: Your clients are going to Google with these cat questions

Search engine shares the top 10 questions people asked about dogs and cats in 2014.

Vetcetera: The complex topic of canine fear-related aggression

A guided tour of resources for addressing this popular and complicated subject, featuring advice from Dr. John Ciribassi.

Reality TV and the veterinarian: Discussing mainstream dog training advice with clients

Your clients may be getting behavior advice from cable TV. Get your opinion in the mix.

Blog: Election results pose obstacles for veterinary prescription law

Flip in U.S. Senate's majority may slow progress of Fairness to Pet Owners Act.

7 steps to a better relationship between veterinarians and rescue groups

A DVM in the city shares his advice to veterinary practices for working with rescues.