A question we’re often asked by our clients is what are the actual benefits of outsourcing payroll? Aside from freeing up time and allowing you to focus on your core business, there are a number of key advantages of outsourcing including:
Outsourcing will give you peace of mind that your payroll will always be processed on time, and you won’t have to worry about a member of your payroll staff suddenly becoming sick.
When you outsource your payroll you are paying for a highly experienced payroll professional. You can be safe in the knowledge that if an unusual situation arises our payroll team will be able to give you guidance and advice based on years of working within the industry.
Our payroll specialists have a great eye for detail meaning we are far less likely to make a serious error. We also make it our mission to get to know your business very well; so if we spot something that doesn’t look quite right, we’ll always let you know to ensure it is correct.
Businesses that choose to outsource their payroll department benefit from significant cost savings through not needing to employ dedicated payroll staff, pay for software, or print payslips and year end documents.
Outsourcing your payroll means a higher degree of confidentiality is maintained. We will only share detailed payroll information with the employees who you wish to receive this information and will ensure that information is never shared with anyone who isn’t an authorized contact; upholding confidentiality at all times.
Getting payroll wrong can be costly, and you can be liable to fines from several regulatory bodies if things aren’t done right. By outsourcing your payroll you can spend time focusing on what you do best – running your business – and we will take care of the rest.
If you have any questions about your payroll, or would like to learn more about the payroll services we offer, contact your local UHY specialist today.