Real Estate Investment Company

Overview

Our client, a start-up Real Estate Investment Firm based in Houston, Texas began experiencing rapid growth with their business. With 27 employees, our client's payroll processing was being handled by an outside accounting firm. The accounting firm was charging exorbitant fees for the preparation of payroll, electronic tax deposits, quarterly tax returns, annual tax returns, and W-2s. Despite the excessive fees, the accounting firm had no system for tracking vacation, sick and other time off, and the organization constantly found itself requesting information that was unavailable. Our client was also lacking dedicated personnel to manage human resources issues and compliance. Employee termination issues were not handled properly, many employees’ exempt vs. non-exempt statuses were questionable, and employee personnel files were in disarray.

Our Solution

Based on the initial consultation with our client, Solid Business Solutions recommended the implementation of our payroll solution which provides our client with a dedicated payroll team to manage all payroll and tax compliance for their business. Our HR Solution giving our client access to a team of HR professionals to assist them with the management of HR related tasks and responsibilities, and our Time & Attendance solution allowing them to manage PTO tracking and time tracking and generate real-time reports as needed.

Solutions Implemented: Payroll Solutions, Time and Attendance, Human Resources Solutions

The Result

Today, our client enjoys a predictable and cost-effective method of managing their payroll and tax compliance. Our client has access to a local and dedicated payroll professional assisting them with their payroll and tax compliance needs. Our client enjoys access to a dedicated team of HR experts assisting them with employee termination issues and setting up proper exempt vs. non-exempt employee statuses while assisting with implementation of general and HR best practices for their business. Finally, our client has access to a time and attendance system giving them full access to real-time reporting for PTO and time tracking.

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