Payroll Processing and Tax Solutions
It can be difficult to efficiently manage payroll processing and optimize human capital management. SIB simplifies operations, improves accuracy, and ensures compliance to increase employee satisfaction and reduce costs.
Spend less on payroll expenses with 24% average savings on processing fees.
Reduce costs
Eliminate redundancies, unnecessary services, and costly billing errors and negotiate the best prices from current vendors
Improve accuracy
Avoid data errors and costly mistakes that take a toll on profitability and employee satisfaction
Simplify payroll operations
Consolidate and reduce the number of vendors, tools, and software applications for an easier-to-manage, more cost-effective process
Negotiate best prices
Reduce fees by leveraging our benchmarks database to achieve best-in-class pricing based on region, industry, and size
Better understand your payroll spend and identify and capture meaningful savings opportunities. SIB reviews all aspects of your HR services and payroll platform systems to help reduce costs and ensure compliance.
Efficiently and accurately process monthly, bi-weekly, or weekly payroll, eliminating costly errors and increasing employee satisfaction with precise, on-time payments, every time. This optimization of your global payroll process not only improves employee satisfaction but also reduces labor costs and contributes to lower operating expenses.
Simplify, streamline, and economize your software mix to significantly reduce payroll expense and waste in meeting your payroll and HR needs. Our payroll management experts will review your current approach and provide recommendations for consolidating solutions and eliminating redundant or unnecessary tools.
Take full advantage of the Work Opportunity Tax Credit (WOTC). When you hire and invest in American job seekers who consistently face barriers to employment, you can claim a federal tax credit. Our experts can help you understand WOTC targeted groups, manage overhead costs, leverage the program to support business goals, and prepare and file claims to capture the full benefits of the program.
Meet Our Payroll Experts
See how we can turn payroll processing into a more efficient, effective solution for your business.
Adam Davis
Senior Team Manager
Sean Fox
Executive Vice President, Professional Services
Drew McLean
Senior Vice President, Client Success
Insurance
Reduce insurance costs by an average of 11%
Protect your business and your bottom line with rightsized health insurance and benefits coverage and lower premium costs. We help you understand risk and navigate the complex insurance environment to get high-value services while lowering your overall insurance spend.
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Property Taxes
Reduce property taxes by an average of 8%
Saving money on property taxes starts with knowing the true market value of your commercial real estate assets. We empower you with the data and expertise to know your portfolio’s real worth and ensure fair and accurate taxes for the long term.
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Shipping and Fulfillment
Save an average of 18% on small parcel and 3PL
Be empowered to strategically, confidently, and successfully secure the shipping terms you deserve. Through audits, contract optimization, and greater visibility, our team of experts with backgrounds in sales and pricing at major carriers will help you access better rates and transit times, so you can serve your customers better and save money doing it.
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Technology (SaaS/IT)
Unlock up to 26% savings on IT expenses
SaaS subscriptions, internet services, printing and copying, and other IT services keep your business operational. But usage needs change over time, and complex rate structures, contracts, and costs don’t always keep pace. An IT expense audit typically turns up major cost reduction opportunities with companies standing to save an average of 8% on SaaS subscriptions and 26% on printer and copier services through rightsizing, billing error reduction, and price optimization.
Telecom
Secure 28% average savings on telecom solutions
Saving money on telecom goes beyond removing costly billing errors to ensure rightsized networks and efficient network design. A comprehensive approach to optimization and modernization helps you save today while preparing for the technology and security demands of tomorrow.
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Treasury Fees + Merchant Services
Reduce treasury service fees by 25-35%
A bank fee review can turn up unnecessary services, volumes, and costs that are deflating your bottom line. With the potential of over 3,100 fees that a bank can charge you for your business account, we help secure best-in-class pricing while preserving existing banking relationships and introducing opportunities for a more secure financial future by reviewing all bank fee line items including account maintenance, depository services, information reporting, lockbox services, ACH, wire transfers and more.
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Utilities
Save an average of 11% on energy and utilities
Get the power to optimize your energy spend with better rates, more reliable service, and reduced billing errors. Beyond procurement, audits, and bill pay, we introduce new efficiencies and support sustainability to create best-in-class energy programs.
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Waste + Recycling
Capture 30% average savings on waste and recycling
Take control of your waste and recycling programs from end to end with better program design, pricing, management, and reporting. By optimizing services, rates, and contract terms, you can take the waste out of waste management.
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Other Operating Expenses
Spend smarter on everyday spend areas
From linen and laundry, to uniforms, document storage, food costs, maintenance, medical supplies, and more, we can help you tackle all your spend areas to reduce costs and ensure the greatest value for your business.
Learn moreSee How We Can Help You Spend Smarter
Get started easily and quickly with a no-risk, comprehensive evaluation of your vendor transaction history and put our market intelligence and industry expertise to work.
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