Restaurant Improved Payroll Efficiency with Automated Local Taxes and Streamlined W-4 Administration
Key Takeaways
⇨ The leading restaurant brand, operating across the United States and Canada, faced significant challenges in managing their W-4 administration. The manual, error-prone process of assigning correct local taxes for their over 100,000 associates became increasingly difficult, especially as they hired new staff each year.
⇨ BSI's TaxProfileFactory solution automated the determination of each employee's local taxes, pre-populating W-4 tax forms to save time and costs.
⇨ With accurate, updated, and automated local taxes, the company minimized quarterly and year-end payroll tax adjustments, realizing a return on investment in the first year.
With TaxProfileFactory, this client improved payroll accuracy because the local taxes were current, updated, and automated.
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