Outsourcing your payroll function to Payroll Options can be a good measure to ensure you have a robust payroll solution in place.
Reliable and Predictable Performance
When a company is looking at their payroll requirements it is an obvious, but sometimes overlooked, requirement that the payroll should be produced in the same way every pay period, and be prepared accurately and on time. For a truly robust payroll solution this is an essential component.
It is not enough to have a payroll produced around pay day, which may produce a completely different result depending on who has to do it this time, and the time they have away from their other duties. Outsourcing the payroll can produce a reliable and predictable outcome.
By outsourcing the payroll you no longer have to worry about a key member of staff being off sick, or on leave near pay day. Just preparing a timesheet, or list of changes, is a far more straightforward task than being asked to do the whole payroll.
Back-Up and Contingency
You need to maintain back-ups and have contingency plans against failure for many of your company’s processes. Do you have similar for payroll? The payroll must be completed on time, so how are you prepared if there is an interruption to your current processes?
Again, as part of a robust payroll solution, outsourcing can answer many of those questions. Our back-ups, and contingency planning, are wholly aimed at keeping the payroll process running without interruption. As long as you can get the information to us, we can process your payroll.
We deliberately avoid complex spreadsheet requirements. We believe that the more complex we make your job, the more likely we are to produce errors in the payroll. We will therefore work with you to make your payroll duties as simple as we can, you are paying for us to take control of the complexity so that you don’t have to.
Outsourcing can again help provide a robust payroll solution as the responsibility for many of the complex steps are taking over by a specialist company. These steps are likely to require additional knowledge that is probably outside your company’s day to day duties.