CPA.com and Paychex have expanded their joint accountant advisory program to help CPAs broaden their advisory role in human resources.
The Paychex partner program is designed to grow a CPA’s relationship with clients seeking guidance in payroll, retirement benefits and now human resource services. Through the program, CPAs refer clients to Paychex, and can offer clients access to Paychex’s cloud-based platform, which integrates different offerings such as payroll, employee time and attendance, HR applications and benefits administration.
CPAs and clients can also access reporting tools, as well as data and personnel information through mobile applications.
“Payroll, retirement and human resource administration are key components in the value equation of client accounting services,” said Erik Asgeirsson, president and CEO of CPA.com, in a statement. “With the expansion of the Paychex Partner Program, we’re helping CPA firms move further into the advisory space, which we expect to be a growth area going forward.”
According to a survey conducted this spring by Paychex, approximately 44 percent of respondents agreed it was increasingly difficult to manage HR, and 61 percent said they would find it valuable if their existing trusted advisor – accountant, attorney or other consultant – offered additional guidance on HR and regulatory compliance.
For more information on the CPA.com and Paychex partner program, click here.
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