Why Do Some Monthly Accounting Firms Require You to Add Payroll?

You’re interested in monthly accounting, but firms keep saying that you need to hire them to do your payroll, too. Not every monthly accounting firm will require bundling services, but every one I know of encourages it for the benefits.

Why does this happen? A huge part of monthly accounting is providing business advice, and payroll is one of the largest items on your Profit and Loss Statement. Therefore, payroll is a massive area to receive advice in, and not including it with your monthly accounting means you’re missing out.

At CSI Accounting & Payroll, we’ve provided monthly accounting services for 60 years. That means we know the benefits of bundling, and we know how to incentivize it (not require it). In this article, I’ll address:

• What are the benefits of bundling monthly accounting and payroll services?
• Will CSI Accounting & Payroll require me to bundle?
• How many of CSI’s clients bundle? Are they incentivized for this?

Benefits of Adding Payroll

The largest benefit of bundling monthly accounting and payroll services is the increased opportunity for advisory services. Your monthly accounting firm wants to do this for you so you get the most value out of their services.

But it doesn’t stop there! Here are the top 5 reasons why you should bundle accounting and payroll with one provider:

• Shared information.
• Shared advice.
• Longer relationships.
• Audit support.
• Discounts for bundling.

Will CSI Require Bundling?

Let me get into the specifics about CSI Accounting & Payroll.

Does CSI require you to add payroll services? No. Although it’s a popular choice to bundle, our team believes in keeping this optional.

Does CSI want you to add payroll services? Absolutely! We want you to reap the benefits, and we like handling payroll under our own roof.

CSI’s Bundling Incentives

So, how many of CSI’s monthly accounting clients also use our payroll services? A vast majority: 90 percent or more. And that’s factoring in that some of our clients don’t need payroll because they don’t have any employees.

Why so many? Aside from the undeniable benefits and our outstanding payroll customer service, we offer up to a $120 discount for bundling accounting and payroll services with us.

Add Payroll With CSI!

Now that you know about the benefits of bundling monthly accounting and payroll services, that CSI won’t require it but encourages it, and that most of our clients bundle and get a discount, are you ready to check out monthly accounting and payroll services?

If so, please consider CSI Accounting & Payroll! To see if we can be a good fit for your business, click the button below for a free consultation:

Not ready to talk? That’s okay! First, learn more about what your investment may look like by clicking the image below: