Consistency. As business owners are well aware, “in-house” bookkeepers tend to come and go. When you outsource payroll processing, you give yourself a “safety net.” Of all the bookkeeping and accounting functions that have to be performed by a business, payroll and payroll taxes are the ones that are absolutely inflexible. If something happens to your in-house person — sickness, accident, a family matter or they just walk out — you can put off your basic bookkeeping until next week. Payroll, however, won’t wait. Our friendly taxing agencies aren’t very forgiving if you miss a payroll tax payment, either. In many cases, a single tax penalty will exceed the cost of outsourcing payroll for an entire year. When you outsource payroll at Data Centre, the service takes on the responsibility for making tax payments on time.

There are many ‘hidden’ costs when maintaining an in house solution. Software maintenance, support and yearly staff training can run into the thousands. Take into account that you would no longer have to spend in these areas.

Payroll management is a time-consuming activity. With this burden removed, your employees can focus on doing more productive things, and you may even be able to trim your staff’s size. Ask yourself if this time spent on payroll could be better utilized in other areas? Is it adding value to your business?