Payroll Services: Benefits of Outsourcing Your Payroll
What are the benefits of outsourcing your payroll?
- Outsourcing your payroll will enable you to grow your business without concern for the payroll administrative burden.
- An assurance that controls and procedures will be performed to a professional, high quality standard providing peace of mind.
- Removal of the need to recruit, retain and retrain specialist payroll staff and purchase and maintain specialist software, hardware and stationery therefore saving time and money and reducing internal risks.
- Removal of the need for internal IT payroll support, training and costs.
- No longer having to liaise with HM Revenue & Customs and other government agencies.
- A known and predictable cost basis making budgeting simple.
- No further concerns with key staff being absent as a result of holidays, sickness or maternity leave.
- Total confidentiality and processing accuracy maintained throughout.
- Flexibility to ensure processing options and reporting requirements are met.
What makes us different and why should you choose us?
- We have over 25 years of payroll knowledge and experience across an extremely wide cross section of industry.
- Our payroll staff are qualified, professional and friendly.
- We will take the time to fully understand your requirements to ensure we meet these fully. We will tailor the service to you and don't expect you to have to change.
- Our service is efficient and given our South West location, extremely cost effective.
- Each of our clients is given a dedicated point of contact from our payroll team (with trained cover provided should they be absent). We get to know our clients to ensure we form long-term working relationships with them.
- Every payroll is double checked prior to release to ensure maximum accuracy.
- We review the service regularly and where possible introduce enhancements that bring about further efficiencies and functionality that benefit our clients.
- We are ISO9001-2008 registered and an BACSTEL-IP approved bureau, which provides you with the peace of mind that your payroll will be placed in the hands of professionals who will take great care and pride in ensuring this is well looked after.
Cost Benefit Analysis
When comparing the costs of processing the payroll in-house as opposed to outsourcing, many factors aside from the employee salary costs are often overlooked when assessing the in-house costs.
By clicking on the icon below, Bishop Fleming's cost benefit analysis spreadsheet can be used to assess the cost of processing your payroll in-house thoroughly along with the fees associated with our service on an annual basis. This will provide a total of how much you stand to save by outsourcing your payroll to Bishop Fleming. You maybe surprised by how much you can save!
