We are increasingly working with accountancy practices who outsource the payroll element of their service bundle.
Why Outsource Payroll?
The rationale for doing so is similar to SMEs and Corporates:
- Taking advantage of a dedicated team of professionals whose entire focus is payroll
- An increasingly complex payroll environment – the legislative landscape and burdensome reporting requirements increase the likelihood of late filing penalties
- Cost effective – reduce the practice’s spend on staff training, software, hardware and IT support
- Auto enrolment – an internal skills gap regarding auto enrolment may exist. Expensive and time consuming to close the gap as opposed to outsourcing to the specialists
- Margin – ability to spend more time on higher margin and greater value added services for your Clients
Services for Accountants
We provide comprehensive payroll solutions for accountants practices across the UK. We provide a fully outsourced and bespoke service addressing all the payroll requirements of our clients, from weekly or monthly processing to year-end reporting and auto-enrolment services.
Some of the accountancy practices we work with outsource a few Clients to us, others prefer to outsource them all. The latter is the more common approach, particularly given the additional resources strain of auto enrolment.
We typically treat the accountancy practice as our Client with the end user seamlessly continuing to interact with only the practice. Alternatively, we can treat your Client as ours for the purposes of payroll and gather inputs from them directly and provide them with the corresponding outputs.
In any case, we will work with you to find an optimal payroll solution for you and your Clients.