Payroll is a time consuming, administrative, and complex business function. Compliance requirements are onerous and ever changing. Fines for getting it wrong are hefty, and individuals as well as businesses are liable for any errors. Ignorance is not an acceptable defense.
Payroll requires costly systems, auditable processes, and qualified staff. Outsourcing payroll to specialists is best practice. It saves you time and money, significantly minimises your risk and enables you to focus on your core business and scale without unnecessary cost and risk.
What areas of payroll can I outsource?Mitch2021-07-22T15:40:52+10:00
You can outsource all or select aspects of your payroll function depending on your internal resources and appetite for risk and cost. Within any given business there is a combination of permanent and non-permanent workers (contractors, casuals, consultants). PayRoller can provide a solution across all your extended workforce or just your non-permanent workforce.
In the case of non-permanent workers, we can take on the employment risk of the workers, providing you an added layer of risk mitigation and compliance assurance. You simply find the talent you need, and we help onboard, manage, pay and insure the non-permanent workers.
How much does it cost to outsource my payroll?Mitch2021-07-21T18:06:29+10:00
It is important to note that a large proportion of the cost stack will be made up of Statutory costs such as: compulsory Superannuation, Payroll Tax, and Insurances (Workers Compensation, Public Liability and Professional Indemnity). The actual management fee is very lean and more cost effective than doing payroll in-house, both from a hard and soft cost perspective (e.g. the cost of getting it wrong).
PayRoller prides itself on providing efficient, compliant, and cost-effective solutions across Permanent and Contractor Payroll.
Contact Us for a no-obligation needs assessment and quote.
How do I know if I am choosing the right Payroll Outsourcing partner?Mitch2021-07-17T12:34:27+10:00
When choosing the right payroll partner, it is important to look beyond cost. Provider due diligence is critical given the payroll compliance heavy space.
Putting this specialised function in inexperienced hands will not achieve your goals of; minimised risk, simplification/process efficiency, cost effectiveness, improved service quality and worker experience or allow you time to focus on your core business.
We recommend speaking to a few clients to ensure that actions back up the words.
We also recommend looking at any Quality Assurance accreditation, which verifies that the provider takes compliance as seriously as you do. PayRoller is StaffSure accredited (StaffSure is a certification scheme which makes it simple for business, Government and workers to find and partner with reputable Payroll and Workforce Service Providers).
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