1) How does outsourcing payroll save me money?
Outsourcing payroll saves you not only money but time as well, as we all know time is money! By outsourcing your payroll, you alleviate your business’s need to hire an in-house team. When looking at the cost of hiring a payroll manager in comparison to outsourcing your payroll to a trusted provider like Seamless you can see a clear cost saving.
Cost processing per month
In house payroll manager
Cost per month
Calculation is based on a price per payslip of £7.50 with a staff of 50 employees.
Outsourcing your payroll offers your business all the merit of an expert payroll team but for a fraction cost
2) Do I lose control over my payroll when outsourcing?
Not at all, just because you are outsourcing the processing of your payroll does not mean you lose ownership or control. Your outsourcing provider should work with you to ensure the processing is carried out under your instruction. Seamless Os view our client relationships as partnerships, we align our service solutions with your businesses goals and values effectively becoming an extension of your business. We have open communication channels when processing payroll and schedule catch up meetings throughout the course of the year to keep the conversation around service and service levels going. You are always kept in the loop, nothing would happen with your payroll without your prior knowledge and in most cases consent.
3) How can outsourcing payroll benefit me and my business?
There are many benefits to outsourcing your payroll as a business, the most common benefit being cost & time saving. We have listed some of the benefits below:
Cost Saving – outsourcing is significantly cheaper than having an in-house team. It mitigates the requirement for your business to harbour cost such as recruitment, on-going training costs and salary expenses.
Time Saving – outsourcing your payroll to a provider such as Seamless will free up so much of your time and your teams time that would have otherwise been spent on the administrational side of processing. It will give you that room to breathe and focus on areas of the business you are passionate about, allowing you the time to focus on growth and development.
Experience and Knowledge – when outsourcing you gain access to a readymade payroll team, you have all the experience and knowledge of a high-quality payroll team at your fingertips but in a much more cost-effective way for your business.
Compliance – one of the main concerns for any employer is keeping up to date with current legislation and regulation. When outsourcing your payroll, you don’t have to worry about this, Seamless Os as your trusted provider would keep up to date with any changes. We would keep you informed and ensure any updates were applied to your payroll where necessary.