Top 6 reasons to outsource your payroll

There are many reason why companies outsource their payroll to Ezypay but the top six most common reasons are:

  1. Outsourcing lets you focus on your core business activities.  Payroll is a cost centre so it makes perfect sense to focus your staff on what gives you a return.
  2. You have access to Payroll Specialists who have to maintain their knowledge through regular training.
  3. Payroll is an ever changing target so having to keep up to date with all these changes can be a nightmare.  Also, by using a specialist you can tap into all their knowledge on how other industries handle payroll related matters.
  4. There is less chance of errors as the payroll bureau knows what should happen.  Also, they work on a preferred basis with the IRD so can often negotiate reversal of penalties that an individual company can’t.
  5. Payroll continuity is one of the biggest ones.  Most companies only employ one payroll officer so when that person is on leave, sick or just leaves the company all that knowledge goes with them.
  6. Confidentiality is the last main reason.  With a bureau doing your payroll all the work is done off site and all reports are password protected.  No chance of eavesdropping.

So you any of the above items concern you then you should consider outsourcing your payroll to Ezypay – the ezy way to paye.

Payroll Outsourcing should be Ezy

There are many reasons why a company might outsource their payroll such as confidentiality; lack of resource; cost of software and time constraints.

One other reason is that it is easy.  All you have to do is send us your employees timesheets and we do the rest so.  We key the timesheets, check the input and then forward preliminary reports to you for checking.  Once it is all confirmed you receive your final reports and we action the Direct Credit file based on your wishes.

So with Ezypay your payroll is that Ezy.

Do you have Payroll Backup?

We were asked by a company today if we could provide payroll cover if their payroll person caught swine flu which raises a number of issues.

It is quite surprising how many companies don’t have any continuity plan in place when it comes to payroll.  I have been involved with clients who require their payroll person to come back in when on leave in order to do the payroll.

Payroll is not an area where anyone can do it or is allowed to do it.  Issues such as confidentiality are important also with current payroll legislation its no longer a simple task.

So the outcome of the meeting was Yes, we would help, as best we can, but our clients will come first.

One of the reasons why a company might outsource their payroll is due to a guaranteed continuity of supply.  We are always here so if your team is away on leave, involved in an accident or ill then there is little disruption to the payroll process.

So do you have a payroll continuity plan in place in the event of your payroll person not been available?  If not then I suggest you start writing up a Process Manual on how your payroll works, who does what etc.   Or look to outsource your payroll and not worry about it.