Payroll Outsourcing Services
Compliant and hassle-free outsourcing payroll services you can trust
- Avoid fines and penalties with 100% compliance
- Take advantage of external expertise; focus on what you do best
- Total peace of mind with full support and advice available, any time
Our Payroll Services
Outsourcing your full payroll processes is a cost-effective move that is ideal for many solo, small and medium-sized UK businesses and even accountants. Handling the payroll yourself can be not only time-consuming but very risky – there are a lot of regulations and compliance issues that untrained or inexperienced personnel can fall foul of. As well as fully managed payroll services, we also provide payroll bureaus.
What is Outsourced Payroll?
Outsourced payroll is a business payroll process where a company hires a third-party provider, like Direct Payroll Services, to handle all aspects of its payroll operations. They have all of the necessary payroll expertise and can cover tasks such as calculating employee salaries and wages, deducting taxes for the tax year, issuing paychecks or direct deposits, and maintaining accurate employee records of all payroll transactions, no matter the business size.
Outsourcing payroll allows a company to focus on its core business activities while leaving complex and time-consuming payroll tasks to a specialised provider. It can also help reduce costs, improve accuracy and compliance, and provide access to expertise and technology that might not be available in-house.
If you would like to find out more about our payroll outsourcing services, please get in touch with your dedicated account manager at Direct Payroll today, we can always be on hand to answer any questions or queries you may have.
Outsourced Payroll and the Benefits
Outsourcing your full payroll processes is a cost-effective move that is ideal for many solo, small and medium-sized businesses, and even accountants or your HR team. Handling the payroll yourself can be not only time-consuming but very risky – there are a lot of regulations and compliance issues, as well as payroll legislation that untrained or inexperienced personnel can fall short of. For more information on outsourced payroll services, speak to our team today!
Reduce Staffing Costs
When it comes to a process payroll outsourcing service, large, multinational companies find it easier to keep in-house payroll staff and a payroll department, but for many businesses, it is just not practical. There is not enough work involved to warrant full-time staff, and the associated costs of continuing professional development, holidays, sickness, sick pay and benefits can soon mount up.
An in-house team also requires specialist payroll software, the associated hardware and ongoing training. These costs can quickly run into the thousands, all of which can be avoided by outsourcing. You will be able to take advantage of our use of the best solutions available, as well as our well-trained professionals.
Removing the need for payroll staff on-site means you can free up personnel or recruitment funds for employees who can work on profit-making and value-adding operations, giving you an advantage when you look to grow your business.
Making a slight mistake on your payroll function can result in stiff penalties, frustrations and painful issues – particularly when you are dealing with HMRC. We have the staff, software and experience to minimise these risks and act as your expert agents when handling HMRC payroll queries and communications.
Consider what you would do if your payroll staff were sick or walked out during a crucial reporting or pay period. Would your other employees suffer as a consequence? Would you struggle to report correctly to HMRC? With Direct Payroll Services, you never need to worry – output speed and quality will remain consistent week after week, month after month. You also will not have to worry about onboarding new employees and spending valuable time getting them used to your payroll system – our fully managed payroll service means that we handle everything, as well as ensuring that everyone is paid correctly.
As a professional payroll provider, we use powerful payroll systems and our own streamlined processes to ensure that we can process even the most complex payrolls in a short time frame – our guaranteed 24-hour turnaround is evidence of this focus on speed.
Security and Backups
Your payroll information is among the most sensitive data in your business, so it makes sense to keep it secure. Keeping offsite backups of six years worth of business and employee data (in case of an audit) can become very expensive and time-consuming, and is subject to its own set of regulatory and compliance requirements – let us do it for you.
Peace of Mind
All of the above all adds up to one overall benefit for business owners: peace of mind. No hassle, no headaches, no worries – your payroll is completely taken care of, so you can focus on running your business. Call our payroll professionals today.
Why Should I Outsource Payroll?
There are a number of reasons why a company may choose to outsource your payroll operations and use fully managed payroll services, the main reason includes time and cost savings. When processing payroll in-house, it can be time-consuming and also requires a dedicated staff member or experienced team. Outsourcing payroll means that companies can focus on their core business activities as well as save time and money on payroll processing.
Payroll processing can be complex, and outsourcing to a provider with specialised expertise in a managed service which can ensure accuracy and compliance with tax regulations and laws. Payroll providers like Direct Payroll Services will often have access to technology and software that can improve efficiency and accuracy in payroll processing. This can include tools for time tracking, direct deposit, and employee self-service portals.
Tax laws and regulations are constantly changing, and it can be difficult for businesses to stay up-to-date with all the regulations. Outsourcing payroll to a provider can help ensure compliance with all applicable laws and regulations. Payroll data contains sensitive information, such as employee numbers and bank account information. By outsourcing to a reputable provider, it can help ensure the confidentiality and security of the data. Overall, outsourcing payroll can help businesses to save time, reduce costs, improve accuracy and compliance, and also provide access to specialised expertise and technology. If you require more information on payroll outsourcing services, make sure you contact Direct Payroll Services today.
Speak To A Payroll Expert
Outsourcing your payroll services is an easy way to improve the efficiency of your business. As one of your most critical processes, it’s essential that your payroll always runs smoothly, at Direct Payroll Services we are the right provider!
Outsourcing your payroll to professionals like Direct Payroll Services can save you time, save money, and hassle, and it gives you access to the expertise and knowledge of payroll experts. Contact us today to learn more about how we can help your business and provide payroll services in London.
We are always ready and waiting to take your call and help in any way we can, whether you want to find out more about our services or the cost to outsource payroll, we also provide our services for directors, care home payroll, CIS payroll and services for small businesses.