Refer your payroll clients to a local team and spend your time on the work that grows your firm. Every client gets a dedicated payroll specialist and a direct line to our team, so your referral reflects well on you long after the introduction.
Our Santa Barbara team has worked together for more than 20 years, and you stay your client's accountant.
Overview
Payroll Vault has worked to design a variety of resources and opportunities for today’s accounting professionals. It’s true that accounting firms are becoming more strategic with their suite of professional services, and most are now looking to offload their payroll service offering altogether.
Our goal is to help you align with your future goals and stay focused on the future success opportunities for your accounting firm with our Payroll Vault accounting firm support options, including:
- Referral Partner with Payroll Vault
- Plan Your Exit Strategy with Payroll Vault
Payroll Vault has the experience to support both a referral relationship and an exit strategy specific to your firm. The referral relationship is mutual and provides growth opportunity for the firm and Payroll Vault. Exit opportunities are designed from our years of experience with transactions and subsequent successful payroll service transitions for firms.
If you are ready to explore your options, let's Start the Conversation today, and together we’ll design and plan out your next steps.
Options To Consider
Accounting professionals are seeing added complexity to the management of payroll services that include growing client needs, tax and agent reporting requirements and new state and federal compliance rules. The only other option for firms looking to maintain a payroll service is to consider sophisticated software options and other workforce management resources that business owners are asking for, and now need, to effectively pay and manage their teams of people.
Referral Partner Payroll Vault
Outsourcing your client payroll needs to a professional with Payroll Vault is an excellent way to gain more efficiency to your firm and focus your attention on additional value through accounting, tax, audit, advisory, and consulting services. A referral relationship with Payroll Vault means Payroll Vault will manage all your client payroll systems, refer business to your firm, and focus on a win-win-win relationship for you, the client and Payroll Vault.
Plan Your Exit Strategy
Payroll Vault was founded by a career CPA and we understand what makes an accounting firm efficient and successful. Focusing on the services the firm is designed for has always been a cornerstone for a firm’s success. Evaluating current resources and long-term goals is also a typical exercise done each year when doing firm planning. If you are ready to consider exit possibilities and focus on a more efficient firm that is ready for new firm opportunities, let’s Start the Conversation on what Payroll Vault can do to support your payroll exit strategy
Frequently Asked Questions
Below are our most sought-after answers to our frequently asked questions.
Will you take over our accounting client?
No. We handle payroll. We coordinate with your firm and respect the relationship you have built.
Can we refer only certain clients?
Yes. Refer one client, a segment, or discuss a broader transition.Yes. Refer one client, a segment, or discuss a broader transition.
Will clients have a consistent contact?
Yes. Each client has a dedicated payroll specialist and a direct line to our team.
Is there a referral fee?
No. We do not run a referral fee program. We earn referrals by taking good care of your clients. If you want to sell your payroll book, that is a separate conversation, and it starts with a valuation.
Why has payroll become more complicated for accounting firms?
Five things have made payroll more complicated: the need for more sophisticated, user-driven software; client demand for more workforce resources; tax regulation; new state compliance rules; and new federal compliance and credit rules.
How do we begin?
Start with a confidential conversation about your workload, clients, team, and goals.
What happens in a valuation?
We look at your payroll clients, their size and complexity, and what it takes to serve them well. We then give you a valuation and our price before either of us commits. The conversation is confidential.
When is the right time to consider an exit?
When payroll limits your capacity, adds more risk than value, or no longer fits the firm you are building. Many owners begin by asking for a valuation, which comes before any decision.
Refer your payroll clients to a local team and spend your time on the work that grows your firm. Every client gets a dedicated payroll specialist and a direct line to our team, so your referral reflects well on you long after the introduction.
Our Santa Barbara team has worked together for more than 20 years, and you stay your client's accountant.
