OneSource Virtual Blog

Payroll management sits at the heart of every successful business, yet it's one of the most underestimated functions in modern organizations. It can serve as a strategic advantage that builds employee trust, ensures compliance, and drives operational efficiency.

Most employees don’t think about how they get paid — as long as the deposit hits their account on time. But behind every paycheck is a series of tasks that include tracking hours across locations, applying the right tax rates and benefit deductions, handling garnishments, and reconciling every line item before payday.

Net pay has real-world repercussions. It determines whether your employees can afford groceries for the week, their child's daycare, their mortgage, or their rent. If it isn't calculated correctly, that's not just an accounting headache — it impacts their lives and damages both trust and morale.

Manual payroll processes are time-consuming, error-prone, and often fail to meet the needs of growing organizations. Thankfully, payroll automation has matured to the point where it’s both proven and accessible.

On July 4, 2025, President Donald Trump signed H.R. 1, also known as the “One Big Beautiful Bill,” into law. At nearly 900 pages, this comprehensive legislation included the No Tax on Tips Act, which significantly changes how tips are taxed in America.

Despite some positive signs in the economy, companies are hedging their bets on an inevitable economic downturn. From financial institutions to tech enterprises, many corporations have instituted mass layoffs or hiring freezes. According to our exclusive 2023 CFO Outlook Report, 83% of CFOs either have a hiring freeze in place or are preparing for one.

When you think of the word "outsourcing," what comes to mind? Does it bring up good memories or does it conjure up a disaster story used to explain to your boss why "in-house" is always better.