HR Outsource Companies Need to tie Into Your Accounting System. What to Ask?As a large business executive, do you know why a PEO’s ability to link to your general ledger accounting files may be critical to your success?

As a large business executive, you may be considering outsourcing your payroll processes. A savvy Professional Employer Organization has developed specialized ser

vices and delivery systems that cater to needs specific to larger companies.

A common requirement from large businesses working with Professional Employer Organizations is the ability for the PEO to provide data directly to their general ledger accounting system. This streamlined process increases efficiencies.

Large businesses increasingly require that their outsource PEO provide a general ledger interface (GLI) file that is compatible with their existing general ledger software. The accounting responsibilities of large companies are often more complex than those of small to midsize businesses, so the request for a GL file is a common one.

A compatible GL file posts the payroll data directly into your general ledger system. It completely eliminates the need for your team to manually input payroll data obtained from various reports into the ledger — an error-prone, inefficient, and labor-intensive process.

A compatible GL file improves the efficiency, accuracy, and integrity of your accounting processes and manages the associated risks. All clients want reliable and accurate journal ledger entries. Automation of this process is critical. A Professional Employer Organization should have the ability to deliver a compatible GL file to your large business and should be a major consideration as you evaluate payroll outsourcing options.