Processing your payroll in-house can be an expensive and complicated business. UK Payroll outsourcing to an ISO:9001 accredited, BACS registered payroll bureau, such as the Payroll Business Solutions can reduce the costs and stress involved in the processing of an in-house payroll. In addition to this, payroll outsourcing leaves you with more time and resources to focus on what you do best!
There are some common factors to consider when deciding between payroll outsourcing and in-house options;
It can be time consuming to research and check the frequent changes to payroll legislation. When you run your payroll in-house, the onus is on you to check that you are legally compliant. When you outsource to the Payroll Business Solutions, you will find that we know all about payroll so you don't have to!
Confidentiality and Disaster Recovery
Never underestimate the importance of backing up your payroll software on a regular basis if you run an in-house payroll. You also need to ensure that you have an active disaster recovery policy in place to guard against the unexpected. The Payroll Business Solutions benefits from the multiple locations occupied by the recruitment division. Not only does this give the payroll divison alternative premises from which to continue business should the need arise it also gives the company the premises to house a dedicated off-site backup server. The Payroll Business Solutions payroll bureau is also completely confidential, we will only take payroll instructions from named contacts within your organisation.
You will also need to consider the costs of recruiting, employing and training qualified, experienced payroll staff when choosing between payroll outsourcing and running it in-house. The costs involved in keeping your payroll in-house may be more than you think!
Software and Support
You will need to regularly upgrade and pay maintenance on your chosen payroll software. In addition to this, IT support from your own IT department and the payroll software provider will use up more time and costs.
For more information on why you should outsource your payroll, please contact Payroll Business Solutions by
Telephone: 0115 985 3199