How payroll outsourcing makes life easier?
How payroll outsourcing makes life easier?
24-09-2014
Outsourcing payroll can relieve your firm and your client of the arduous tasks involved. The focus is on five key areas:
Mistakes can result in tax penalties that can often cost a
client more than the fee of a payroll company.
Efficiency and productivity.
It is much more efficient to have all employee-related
programs administered by a single vendor. Payroll outsourcing will save your clients the operational costs of hiring and maintaining a payroll staff.
Service and support.
Not all payroll services are the same and offerings can change
with the provider. With this in mind, it is important to ask for references before hiring any payroll vendor.
Security and data access.
Because a dedicated payroll company has access to
sensitive employee information, from Social Security numbers to wage detail, it is
essential to ensure that the vendor you choose maintains the highest standards and best practices to protect client data.
Cost savings.
client more than the fee of a payroll company.
Efficiency and productivity.
It is much more efficient to have all employee-related
programs administered by a single vendor. Payroll outsourcing will save your clients the operational costs of hiring and maintaining a payroll staff.
Service and support.
Not all payroll services are the same and offerings can change
with the provider. With this in mind, it is important to ask for references before hiring any payroll vendor.
Security and data access.
Because a dedicated payroll company has access to
sensitive employee information, from Social Security numbers to wage detail, it is
essential to ensure that the vendor you choose maintains the highest standards and best practices to protect client data.
Cost savings.
Outsourcing payroll can help your clients save money.
