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Payroll Services Buying Guide

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Advantages of outsourcing payroll services

There are a couple of advantages to outsourcing payroll services:

  • Time and effort saved through outsourcing allows staff to focus on core business issues.

  • Payroll outsourcing makes compliance with tax rules and government regulation easier and more effective. No need to try and keep up to date with complex changing legislation.

  • Can be one of the most cost effective outsourcing areas. Scale efficiencies at payroll service providers make them very efficient. Fees are generally lower than for most other accounting services.

  • No need to worry about holiday cover for payroll.

  • Can eliminate payroll training costs for both legislation and software.

  • Reduces need to invest in payroll-related software or technology upgrades.

  • Increased security against data losses as personnel information is backed-up on payroll providers' systems

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