Why Outsource Payroll

Outsourced Payroll Saves You Money

Compare your in house costs of staff salaries, employers NI plus additional benefits, with your Online Payrolls quote. Add to your cost the potential purchase of payroll software, with its annual maintenance charges, not to mention the staff training costs to operate it. The lack of staff training can lead to expensive penalties for non compliance to current legislation, as they say ‘ignorance is no defence in a court of law!’
In addition, one must also consider the cost of high volumes of stationery, particularly security payslips, which can add up during the course of a year.

Outsourced Payroll is Secure

Sensitive employee information held ‘off site’ in a secure zone, offers ‘peace of mind’ to a number of employers who are concerned about the amount of information stored on the company’s intranet. Password protection and strong attention to back up facilities, ensures security and continuity of data.

Outsourced Payroll is Compliant

Our payroll services necessitate complete technical awareness on the part of our staff, which is something we view seriously and take pride in. Regular contact with HMRC and staff membership of the CIPP ensures we are given advance warning of impending changes in legislation, which we in turn relay to clients prior to implementation.

Outsourced Payroll Reduces Exposure

Smaller businesses that rely heavily on the payroll knowledge of one member of staff are particularly vulnerable to potential time off for sickness, holidays and maternity/paternity entitlement. Whilst temporary cover is an option it can put considerable pressure on other members of staff when no handover is available. Needless to say, the temporary staff option results in additional costs.

Conclusion

Payroll outsourcing should be cost effective, more efficient and technically up to date. The payroll processing is carried out at a secure ‘off site’ location, by a team of professionals who have the advantage of strength in numbers!