Is there a benefit to waiting until a Quarter Break to change payroll services or payroll methods?
It depends. If you have an In-house system and are going to another In-house system or are planning to outsource payroll, than there is no advantage. However, if you are Outsourcing payroll and are switching to another payroll outsourcing services company, you should wait until a quarter break. The reason is that the payroll outsourcing provider collects tax monies from you before sending it to the controlling authority (state or federal government, for example) starting the first week of the quarter. If you switch mid-quarter, the old payroll provider will have already swept some of your quarterly tax money, and will need to refund it. In the meantime, the new payroll provider will need to sweep all the tax money at once, often before the first company refunds the money. Depending on your cash flow, that may become an issue for you.
