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With many industries moving towards the trend of cloud computing and, in some cases, moving entire business models to the cloud, it is a wonder that any businesses remain operating in the traditional brick and mortar way at all. For example, many payroll services have started shifting their business models to the cloud, although some Payroll services in Massachusetts are still using traditional business practices and the traditional business model.
Many financial services have started to move online because it is easier to operate and keep track of financial records. Additionally, using the cloud model can cut down on paperwork and costs related to keeping traditional paper records, which both prove to be environmentally conscientious.
However, some clients still feel safer knowing that there is a "hard copy" back up file of their financial records offline, especially large companies and corporations that use payroll services to pay their employees, as the number of employee records can be in the thousands. IF a computer were to crash and information lost for thousands of employees, the problem could cause these employees' their paychecks to be late by a week or more; a situation that is entirely unacceptable to many companies.
For this reason, many independent Payroll Services in Massachusetts still operate traditionally and even offer clients the option of never moving their records to the cloud. However, at the rate that businesses are moving, the "hard copy" traditional option may soon be outdated, and payroll services could stop offering traditional options very soon.
If you want more information about traditional and cloud-based payroll services, then check out the links to the left, as they offer a lot of valuable information about these services and more. Business.com is another great resource concerning payroll services, and can make finding the information you need easier.
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