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Posted on October 13, 2014 by Stipendia Office

More companies nowadays are beginning to outsource their payroll as opposed to keeping it in-house, so we thought it’d be a good idea to provide you with some of the benefits to doing the same. This article also gives some information about keeping your payroll in-house.

Whatever the size of your organisation, you have to run a payroll if you employ staff, and there are many options available to handle this vital function. Some organisations believe the right option is to invest in payroll software and staff to manage the payroll in house, but for many, the better option is to outsource.

Advantages to Outsourcing Payroll

Outsourcing your payroll doesn’t just mean you have someone to produce your payslips each month. It also means you have a team of payroll experts from administrators to team leaders who will take responsibility for managing your payroll. For example, you have payroll administrators who are focused on building close working relationships with customers, with the aim of getting to know your payroll routine.

The team of experts who handle your payroll would always only be a phone call away, which additionally gives you access to individualised, expert advice whenever you need it.

Outsourcing also means:

• You can focus all your efforts on your core business
• You don’t need to employ someone full time for a task
• You have access to extensive payroll expertise
• You can share the workload with your outsourcer in a way that suits you, or offload it completely