While paying your employees on time is essential to running your business, managing your payroll can be difficult. As your business grows and you expand your team, the processes can get more complicated, and you may need to bring in experts to ensure everything operates smoothly.
Many business owners outsource their payroll services completely, but that may not be the best option if you want to continue handling some tasks in house.
A payroll bureau service, however, will allow you to keep control over your data while still outsourcing the more specialist functions to professionals.
What payroll bureau services can do for you
Depending on your needs, payroll bureau providers can perform a wide range of tasks for your business, including:
- registering your business for PAYE
- payroll calculations and deductions
- producing payroll reports
- producing and issuing payslips
- preparing P45 for leavers
- handling statutory sick pay and maternity pay
- preparing BACs files
- managing communications with HMRC
- providing additional payroll advice.
Your provider will work closely with you to find the right solution for your business, and ensure you get the most out of their comprehensive payroll services.
How a payroll bureau can benefit your business
Unless you’re a payroll expert, handling the entire process by yourself or delegating the task to other members of your team will be time-consuming.
A dedicated payroll bureau service can take on the process for you remotely, and essentially function as an extension of your team. They’ll take the more challenging tasks off your plate, allowing you and your core team to focus on your other responsibilities.
While many large firms hire a specialist in house to take care of payroll, the same solution is often too expensive for smaller businesses. Others don’t even have the office space to hire someone new in.
Outsourcing your payroll to experts outside your organisation will ensure everything is in order without breaking the bank.
Partnering with a payroll bureau service can be cheaper than outsourcing your payroll entirely, too, as you’ll be able to choose which processes you handle, and which ones the professionals take on.
Find flexible solutions
While an all-encompassing payroll service can be useful, working with a payroll bureau provider will give you more flexibility.
Instead of offering a one-size-fits-all service, they’ll get to know your organisation’s individual requirements and offer bespoke solutions that suit your needs – and your budget.
Payroll legislation is always changing, and, unless you have years of experience managing payroll systems, it can be difficult to stay compliant.
A payroll bureau provider will help you navigate the complexities of the system, and can use their expertise to keep in line with various rules and regulations.
Furthermore, as specialists, they’ll be able to process tasks quickly and accurately, ensuring you always pay your employees on time.
Access expert advice
Payroll specialists have years of experience working with a wide range of companies with different payroll systems. If you have any questions, they’ll be able to explain everything clearly and help you to understand how your system works.
Take away the payroll headache
As a payroll bureau provider, we’ll work closely with your business to deliver solutions that work for you.
By leaving the more complicated processes to us, you’ll gain access to a source of payroll expertise, and will be able to invest more time into running your business.
Get in touch with our dedicated payroll team to find the best solution for your business.