Every business understands the complex nature of payroll processes and their necessity to the function and success of their work. Employees count on management to provide timely and accurate pay, and we know that this can be an extremely time-consuming task. Businesses turn to Data Centre for full-service payroll solutions that are cost-effective and simple. By cutting time and costs, your business can be as efficient as possible.
Read more: Why Turn to Data Centre Payroll Solutions?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.
Read more: Why outsourcing payroll makes sense