Payroll Solutions - Which One is Right For Your Business?

If you are new to payroll outsourcing, our guide introduces you to the two main payroll outsourcing solutions: managed payroll and payroll bureau. The guide simply explains the pros and cons of each and how the service works.





To summerise the article, the benefits of each are as follows:


The Benefits of Managed Payroll

• No need to maintain software in-house which can be prohibitive for small companies who don't have a dedicated IT department.


• No need for payroll expertise – it can be far more cost effective to outsource payroll processing than to employ a specialist in house.


• No need to keep up to date with time consuming legislation changes – making mistakes with payroll can be extremely costly – both in time as well as in penalties and interest payments to HMRC. Our service delivers peace of mind that everything has been processed correctly.


• No requirement for training on software – no work is required by your organisation except for the supplying of data. What's more there is no need to change existing processes as our fully managed services can work with a multitude of different inputs.


• Customers using this service have access to teams of professionals who can answer any queries quickly and accurately.


The Benefits of Payroll Bureau


• Perfect solution for companies who want to retain control of their payroll but want to outsource the time consuming payroll processing



• Flexible – the resources are there as your business grows
• No need to invest in costly payroll software



• Advice and support is there when you need it

• To read the article in full, please click on the following link: Payroll Outsourcing Solutions - Which one is right for your business?
• For more information on our payroll solutions and for help in determining which option is right for your business, please contact us for a review of your payroll.