Managed Payroll Services

Benefits of outsourcing your payroll:

1. Save time
2. Reduce costs
3. Get industry-leading accuracy and precision
4. Reduce risks, including compliance-related risk
5. Stay compliant
6. Access to experts
7. More time to focus on core business activities

Running a business takes time and money. Processing payroll in-house is complicated, time-consuming, requires attention to detail and investment in internal resources. Additionally, internal teams need to keep up-to-date with ever-changing legislation to avoid possible censure, penalties or fines.

By outsourcing your payroll, you free your team from these responsibilities and risks. You leave your payroll processing in the expert hands of specialists fully equipped with the knowledge and expertise to ensure your employees are paid accurately on time, every time, in line with current legislation. Consequently you reduce risks and leave your teams to focus on core activities, productivity and results.

One of the main benefits of outsourcing payroll is that it generally comes with a significant cost saving for the organisation.

There are a number of costs associated with running and maintaining an effective payroll function in-house. Having specialists on the team, the need for office space, a reliable and an up-to-date payroll system, the latest technology, as well as ongoing training on legislative changes are only some of the costs to consider when running payroll in-house. An outsourced provider will have these costs spread across its whole customer base – making the service financially beneficial for everyone.

Speak to our team to discuss your payroll requirements and we will help you identify a service that suits your business.

Security is of paramount importance to us and we go to great lengths to ensure your employee data is safe and secure. Outsourcing your payroll means delegating all related functions and obligations to experts in the field who continuously invest in the latest technologies to provide customers with a reliable service that offers maximised security, having robust data protection mechanisms in place, disaster recovery, compliance and assurance (SOC2, ISO9001, ISO27001), monitoring and support.

Benefits of automated payroll:

• Get industry leading accuracy and precision
• Ensure efficient payroll processing
• Reduce errors
• Reduce costs
• Save time
• Reduce compliance risks
• Ensure security and data protection

Running payroll requires several complicated tasks and procedures that, when performed manually, are not only time-consuming, but also carry a high risk of error.

With automated payroll, paying employees accurately and on time is easier, more efficient and significantly reduces the risk of errors that inevitably occur when payroll is processed manually.

The built-in features of an automated solution are always kept up-to-date – which takes care of complicated payroll functions, security concerns and compliance rules, allowing you to focus energy on higher level tasks and projects.

Yes. Our Payroll Processing Service is essentially a bureau service providing expertise and support to internal payroll teams, allowing customers to retain some control over the payroll process. A cost-efficient and time-saving solution backed by our payroll platform iTrent and expert payroll team helps businesses minimise the risk of errors (and possible fines) caused by manual interventions. It also reduces additional admin required to fix errors and ensures compliance and a high level of security. The service is always kept up-to-date with legislative changes.