As a small business owner, payroll is one of your most important responsibilities. But with all the rules and regulations surrounding payroll processing, it's easy to get overwhelmed. To help you stay organized and compliant, here are three essential aspects of a successful payroll system that every small business owner should be aware of. Accurate Employee Information Your payroll process starts with accurate employee information. This includes each employee's name, address, phone number, email address, job title, and start date.