Why Your Small Business Should Outsource Payroll
Posted on 27th July 2021 at 13:00
We’re dedicated to helping our clients to save on costs, maximise efficiency and run more profitable businesses. By taking on our outsourced payroll service, you’ll enjoy multiple benefits on a daily basis.
We cut down your costs
It’s easy to think that taking a DIY approach to payroll is the most cost-effective option, yet it can actually prove more expensive in terms of time and resources. If you have an in-house payroll manager, their wage covers a set number of hours each week, which will sometimes mean paying more than necessary. In the process, you need to take into account sick days, annual leave, bank holidays, pension contributions and additional expenditure, which really adds up.
When you choose outsourced payroll, you only pay for the hours that are spent getting the job done. This significantly reduces the cost and you always know exactly what you’ll be paying each month.
We have our own resources
Payroll requires a lot of software, printing, stationery and payslip distribution, not to mention the computer equipment, phone system, furniture and physical space for the individuals carrying out the task. When you outsource your payroll to TreyBridge Accountants, you remove all of these expensive, bulky and energy-hungry factors from the equation.
We pay for all of the training
Payroll is a complex and ever-changing duty that requires a lot of initial training and ongoing research. From the latest tax procedures to changes in legislation, your business needs to keep a finger on the pulse of the payroll system at all times.
Our payroll specialists are fully trained and ready to manage this time-consuming task for you. As a company, we invest into every team member’s continuous development and use the latest cloud accounting systems, taking yet another weight off your shoulders.
We guarantee speed and accuracy
Payroll isn’t an add-on service, it’s one of our core focus areas and something that we take very seriously. Thanks to us having so much experience in managing payroll for everything from small start-ups to large companies, we get the job done quickly and to the highest standard.
This means no delays, confusion, mistakes or compliance issues, as your payroll will always be managed by a specialist who is committed to quality, consistency and speed of delivery.
We pay your staff on time, every time
Paying your staff the right amount at the right time is absolutely crucial. We come across many business owners who have slipped up due to a hectic workload and accidentally forgotten to pay their staff, which can instantly damage the reputation of your business and reduce employee morale.
To make sure this never happens to your business, we’re here to pay your workers on time, every time. Aside from benefiting your cash flow and helping you to run an efficient business, this also contributes to the running of a happy workplace with high levels of employee retention.
Ask us about outsourced payroll
To find out more about our versatile payroll service, call our Yorkshire office on 01482 235575, our London office on 0207 885 0605, or fill in the contact form below.
Tagged as: Payroll
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