Payroll Services

Sound payroll management is a universal requirement for all businesses regardless of size. There is no ‘one size fits all’ solution, and companies and organisations need to carefully consider what type of payroll system or service will best suit their individual requirements. Doing so can save considerable time and expense that could otherwise be wasted on inefficient payroll systems and services that are inappropriate for the needs of the business.

For example, many smaller companies find in-house payroll technology a simple but cost-effective solution for managing their payroll. The type of system you choose will depend largely on your budget, and the expertise of your staff. You may also need to decide in advance what level of integration you require between payroll and other areas such as HR, accounts, time and attendance etc. Needless to say, there are many choices to be made.

The same is true with larger companies, who may decide to outsource their payroll function to reduce costs and the administrative burden. As with in-house payroll systems, there are many forms of outsourced payroll solutions, from the traditional ‘shoe box’ service where monthly payroll records are manually submitted to the payroll provider, to more modern solutions that utilise the latest web-native technology to collate and process the data. Web-based payroll solutions have the benefit of online user interfaces, thereby improving the overall visibility of your payroll and ease of data collation, as well as enabling instant reporting and optional employee self-service.

Many payroll service providers are now offering a broad range of tailored solutions to help businesses of all sizes save time and money in this crucial area. Such services include the following:

  • Web native technology, with no reliance on in-house IT expertise
  • Real-time reporting on monthly and weekly payroll figures
  • Full integration with HR and time & attendance
  • Access to qualified payroll support staff
  • Compliance with current legislation, including Sarbanes Oxley
  • Electronic payslips that can be posted by email
  • Optional employee self-service features

With so many companies offering these solutions with varying levels of service and price structure, it can be difficult and time-consuming for employers to source trusted payroll providers.

Tendervendors helps employers by approaching only the market-leaders in payroll services and technology on behalf of our clients, free of charge. We pride ourselves on our knowledge of the business services sector, and use this expertise to gather quotes from quality suppliers based on their track record and reputation for quality services.

To receive quotes on payroll systems and services for your organization, why not fill in our online questionnaire today?

You can find more information on payroll on the following links:
Institute of Payroll Professionals
Payroll World Magazine
HM Revenue & Customs
PayPerShop Forum
Business Link
Payroll Qualifications

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